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1907 $10 Wire Rim MS64+ PCGS. CAC....
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Sold on Jun 3, 2011 for:
$48,875.00
Bid Source: Internet bidder
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Description
1907 Wire Rim Ten, MS64+
Saint-Gaudens' Original, Unmodified Design
1907 $10 Wire Rim MS64+ PCGS. CAC. "A full face in the
medallion is too much for the gods."--Augustus Saint-Gaudens
Saint-Gaudens produced numerous hand-cut cameos in his youth, which is most likely how he came to the opinion in the above quote. Throughout his long career he produced numerous bas-reliefs and a few medallions before working on the ten and twenty dollar gold pieces. He was able to adhere to his maxim for the twenty dollar design by using the full figure of Liberty, reduced in size and striding in the distance with Liberty is striding "full faced" toward the viewer. The ten dollar design is done in profile, and based on the well-defined profile of Liberty taken from the Sherman Monument. A reduced bust of this Victory figure was later marketed as Nike (one of which is in the ANS holdings). The portrait of Liberty seen initially on the Wire Rim tens was actually years in the making and based on an amalgam of as many as three models. When these pieces were released they lacked a determinate rim, an oversight by Saint-Gaudens, and a necessary feature that protects the inner design of a coin. Wire Rim tens also have an unusual brightness, created by numerous swirling die polishing marks on each side. These features were later modified for the regular production coin, leaving only 500 of these specially created coins as mementoes of Saint-Gaudens' original intent. This piece has the customary yellow-gold color and there are just a few contact marks that prevent an even higher grade.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 268B, PCGS# 8850, Greysheet# 9744)
Weight: 16.72 grams
Metal: 90% Gold, 10% Copper
Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.
Auction Info
2011 June Long Beach Signature US Coin Auction #1156 (go to Auction Home page)
Auction Dates
June, 2011
2nd-5th
Thursday-Sunday
Bids + Registered Phone Bidders: 20
Lot Tracking Activity: N/A
Page Views: 1,804
Buyer's Premium per Lot:
15% of the successful bid per lot.
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