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Lot
3506

1908-D $10 Motto MS66 PCGS....

2009 January Orlando, FL FUN Auction #1121

 
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Offers to date: $44,850 on January 15, 2010
$46,000 on September 22, 2009
$44,850 on September 21, 2009
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Auction Ended On: Jan 8, 2009
Item Activity: 10 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
Outstanding 1908-D Eagle Motto, MS66
1908-D $10 Motto MS66 PCGS. Because of its rather large mintage of 836,500 pieces, this conditionally rare issue in the ten dollar Indian Head series has been traditionally underrated in Mint State. As David Akers indicates in his May 1998 catalog of the Dr. Thaine Price collection, "... mintage figures are only a starting point in determining rarity and, in many cases, especially among Twentieth Century gold issues, they can be downright misleading."
The 1908-D with Motto is seldom seen in mint condition and is only infrequently located in grades above MS63. In MS66 level of preservation, the grade of the coin offered in this lot, PCGS and NGC have certified a total of 10 pieces, with only seven specimens finer. Furthermore, our records indicate that a mere seven Premium Gem examples have made appearances at major auction sales over the past twenty or so years, as have five higher-grade coins.
This is a particularly well defined piece that exhibits sharp detail on all of the design elements, a fine-grain texture in the fields, and soft, satiny luster with variegated orange-gold and lime-green color spread over each side. The surfaces are impeccably well preserved, with just a couple of minor marks hidden in the Indian's headdress. A small mint-made planchet flaw is located on the Indian's cheek, but does not distract. An outstanding example of this scarce issue. Population: 4 in 66, 3 finer (11/08).
Ex: The Phillip H. Morse Collection of Saint-Gaudens Coinage (Heritage Auction Galleries, 11/2005), lot 6504.
From The Jim O'Neal Collection of Saint-Gaudens Eagles.(Registry values: N7079) (NGC ID# 28GK, PCGS# 8860)

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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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