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Lot
5028

1913 $10 PR66 NGC....

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

 
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Auction Ended On: Jan 5, 2012
Item Activity: 9 Internet/mail/phone bidders
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Location: Orange County Convention Center
North/South Building
9899 Universal Blvd.
Hall SB - South Building
Orlando, FL 32819

Description:
Premium Gem Proof 1913 Eagle
Rare Sandblast Proof
Only 71 Pieces Minted
1913 $10 PR66 NGC. The 1913 Indian ten dollar gold piece claims the second-lowest mintage of the series at just 71 pieces. Michael Fuljenz believes the surviving population of the 1913 is only 20-25 coins, while Jeff Ambio and David Akers favor a slightly more liberal total of 20-35 examples in all grades. In high grade, the 1913 maintains a high place in the rarity rankings, as Ambio and Akers note, "The 1913 is the second-rarest proof Indian Eagle in high grades, barely edging out the 1910 and 1912 for this honor."
Although collectors failed to appreciate the artistic merits of the various matte proof issues, catalogers recognized the elusive nature of the 1913 at an early date. B. Max Mehl noted that the issue was rare as early as February of 1921, when he cataloged the specimen in lot 346 of the Dr. G.F.E. Wilharm Collection. The 1913 has enjoyed great success at auction, with prices realized rising steadily over the years. The record for this issue belongs to the magnificent PR68 NGC coin in lot 8022 of the Long Beach Signature Auction (Heritage, 6/2005), which realized $92,000.
The 1913 proofs were struck with a sandblast finish, an innovation the Mint introduced in 1912, because the matte and Roman proofs of previous years had proved so unpopular with the public. The sandblast proofs have a much finer texture than the finishes of earlier years. As Walter Breen said in his 1988 Encyclopedia, this finish displays 'millions of sparkling facets under a magnifier.' The sandblast proofs have an attractive medallic appearance, with sharply defined devices and evenly textured surfaces. Unfortunately, the sandblast proofs were no more popular than the matte or Roman proofs had been, and the Mint changed finishes again after 1913.
The present coin is a spectacular Premium Gem, with razor-sharp definition on all design elements, including Liberty's hair and the eagle's leg. The light honey-gold surfaces are virtually free of distractions, and eye appeal is outstanding. Census: 8 in 66, 7 finer (11/11).(Registry values: N10218) (NGC ID# 28HH, PCGS# 8895)

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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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