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Lot
6512

1912-S $10 MS66 PCGS. The 1912-S, with a mintage of 300,000 pieces, is a scarce date in any condition, and is very scarce i...

2005 November Dallas, TX The Phillip Morse Collection #392

 
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Auction Ended On: Nov 3, 2005
Item Activity: 8 Internet/mail/phone bidders
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Location: Dallas, TX
Description:
Finest Known PCGS-Certified 1912-S Eagle, MS66
1912-S $10 MS66 PCGS. The 1912-S, with a mintage of 300,000 pieces, is a scarce date in any condition, and is very scarce in Uncirculated grades. It becomes downright rare in MS65, where just 10 examples have been certified by PCGS and NGC combined (9/05). In MS66, the two grading services have seen a mere 3 coins, and none finer!
Not only is the '12-S an important condition rarity, it emerges as one of the absolute rarest issues of the series when overall appearance and eye appeal are factored into the rarity equation. Gold specialist David Akers goes as far as to say that "high grade and attractive" and "1912-S eagle" are almost mutually exclusive terms. Specifically, he indicates that the '12-S is one of the most poorly struck issues of the series, far weaker than the usual 1911-S or 1913-S. The hair around the face is almost always indistinct, and the feather detail on the eagle's shoulder is usually weak. Akers also notes that the luster is generally well below average for the series.
The 1912-S example that we offer in this lot is without a doubt superior to that typically found. It exudes considerable "flash," with bright surfaces that radiate vibrant luster. The color scheme consists of a mixture of peach-gold and faint grayish-green patina, and occasional orange-gold accents. The design elements are better struck than average, though some of the typical weakness in the hair around the Indian's ear is noted. The feathers in the headdress and on the eagle, on the other hand, display nice definition. Some unobtrusive and minute marks near the Indian's ear and on the eagle's head and neck serve as pedigree indicators. Population: 1 in 66, 0 finer (9/05).
From The Phillip H. Morse Collection of Saint-Gaudens Coinage.(#8872)(Registry values: N1) (NGC ID# 28GX, PCGS# 8872)

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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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