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Fantastic MS66 1908-D No Motto Ten

1908-D $10 No Motto MS66 PCGS. CAC. Unlike its double eagle counterpart, the Saint-Gaudens eagle design was not minted in the millions prior to its 1908 modification to add IN GOD WE TRUST to the reverse. Only two issues, the 1907 No Periods and the 1908-D No Motto, have six-figure mintages, between 200,000 and 250,000 pieces in each case. Both of them are of considerable value to the type collector.
The 1908-D No Motto, however, is much more challenging in higher grades. Garrett and Guth comment in their Encyclopedia of U.S. Gold Coins: "This issue is within the top third of the most difficult dates to obtain in gem grades. Most of the original mintage did not survive in high grade, and the novelty of the new design had worn off, so few were saved."
The two authors also note that the issue is underrated, stating that it "does not command the respect it deserves." They suggest that since most of the known Mint State survivors are poorly struck with subpar luster, even the finer examples suffer. The present Premium Gem deserves better. Though the hair over Liberty's ear is a trifle softly defined, the detail on the eagle's feathers is sharp. Generally wheat-gold surfaces have warm and inviting luster with hints of peach and orange at the margins. A single graze is noted on Liberty's cheek and a planchet flaw follows the lower left obverse rim, but neither of these flaws unduly influences the top-notch eye appeal. Population: 5 in 66, 0 finer (3/09).(Registry values: N10218) (NGC ID# 28GH, PCGS# 8854)

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Auction Dates
Apr-May, 2009
28th-3rd Tuesday-Sunday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
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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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