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Lot
7605

1909 $10

1994 ANA Sale #122

 
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Auction Ended On: Jul 29, 1994
Item Activity: 1 Internet/mail/phone bidders
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Location: Detroit, MI
Description:
PCGS 1909 PR 65. An exceptionally rare proof gold coin with only 74 specimens struck in the year of issue. It has been variously reported that between 7-9 and 20 proofs still exist of this year. Akers uncovered only 13 appearances in auction over the decades he surveyed for his work on the series. We believe the number of pieces extant to be somewhat higher and estimate that perhaps 30-45 pieces may still exist.
The matte surface for this year and the next is the enchanting Roman Gold finish. This semi-brilliant proofing process gives the piece a bright, satiny appearance with a pale lemon-gold color, obviously quite different from the traditional matte finish. As noted in the write-up for the other denominations for this year, the 1909 gold set was sufficiently rare at the time of issue that it took Henry Chapman four years to find a set for noted collector Robert Garrett. Roman Gold tens are very rarely seen today and infrequently appear at major auctions.
The surfaces of this piece are bright and satiny, as previously noted, and the only contact mark we can find with magnification is a small one in the field below star 1 on the obverse. There are a few tiny spots of color scattered about each side, probably the result of impurities in the gold/copper alloy. These are very small and have no effect on the overall attractiveness and beauty of this significant gold proof offering. The current (June) PCGS Population Report shows that only 3 other pieces have been so graded with 2 certified in Proof-66. (NGC ID# 28HF, PCGS# 8891)

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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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