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Lot
3881

1908 $10 No Motto MS66 PCGS. Ex: Duckor/Kruthoffer Collection. The first ten dollar gold pieces struck at Philadelphia and ...

2006 April (CSNS) Signature Auction #404

 
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Auction Ended On: Apr 28, 2006
Item Activity: 9 Internet/mail/phone bidders
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Description:
Remarkably Toned, Premium Gem 1908 No Motto Ten
1908 $10 No Motto MS66 PCGS. Ex: Duckor/Kruthoffer Collection. The first ten dollar gold pieces struck at Philadelphia and Denver in early 1908 did not contain the motto IN GOD WE TRUST. This was because President Theodore Roosevelt personally objected to the use of the Deity's name on coins. He probably recalled the jeers and remarks that greeted the original addition of this motto to American coinage, such as "In God We Trust-All Others Must Pay Cash," or "In gold We Trust." In any event, it was not until May 18, 1908 that the motto was restored on the nation's gold coinage. With a mintage of just 33,500 pieces, the 1908 No Motto eagle has the second lowest production after the 1911-D. While certainly scarce, the issue is not quite as rare as the low mintage would indicate, as a fair number were apparently saved in the year of issue. A number of MS60 to MS64 '08 No Motto tens have been graded, however full Gems, with a certified population of just over 30 specimens, are now rare. This coin clearly ranks as one of the finest known with a combined population of 13 coins in MS66, with eight finer (3/06).
The surfaces possess a rich, satiny appearance and all details are extremely sharply struck up including the feathers in the headdress and each feather on the eagle's wing. Beautifully toned and fully original, the color spectrum includes rose-gold, lime-green, crimson-pink, and hints of ice-blue on the reverse. Only the tiniest abrasion is detected in the left reverse field near the juncture of the eagle's wing and vertically placed leg. Population: 6 in 66, 3 finer (3/06).
Indian Eagle Selections from the Dr. Steven L. Duckor Collection.(Registry values: N7079) (NGC ID# 28GG, PCGS# 8853)

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The Coinage of Augustus Saint-Gaudens as Illustrated by the Morse and Duckor Collections
Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers

The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two artistically inspired series of gold coins. Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published. The book is based on two extraordinary collections: The Phillip H. Morse collection and the Dr. and Mrs. Steven L. Duckor collection.

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