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Lot
2781

1920-S $10 AU55 PCGS....

2007 Summer F.U.N. (July, West Palm Beach, FL) Signature Coin Auction #442

 
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Auction Ended On: Jul 13, 2007
Item Activity: 13 Internet/mail/phone bidders
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Description:
Choice AU 1920-S Indian Eagle Rarity
1920-S $10 AU55 PCGS. This issue is one of the five important rarities in the Indian eagle series, along with the two 1907 With Periods varieties, the 1930-S, and the 1933 issues. While there are other condition rarities, these five varieties are rare in all grades.
The mintage of this issue was 126,500 coins, seemingly large enough that examples should still be plentiful, except that this issue was not exported overseas like many others. Therefore, most or all of those struck were placed in circulation where survival was limited to the few pieces acquired by collectors during the 1920s. Any remaining coins were returned to the Treasury in 1933 and melted soon afterwards.
This example is a pleasing piece with nearly full luster and attractive orange-gold surfaces. Only a trace of highpoint wear is evident. The fields have a few faint hairlines that were most likely acquired during its brief stay in circulation. An attractive example, this piece should see considerable auction activity.(Registry values: N4719) (NGC ID# 28H8, PCGS# 8881)

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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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