LOT #4319 |
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1907 $10 Wire Rim MS65 NGC....
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Sold on Aug 10, 2016 for:
$58,750.00
Bid Source: Live: Floor bidder
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Description
1907 Wire Rim Ten Dollar, MS65
Bright Yellow-Gold Surfaces
1907 $10 Wire Rim MS65 NGC. The 1907 Wire Rim tens are
technically classified as patterns and are listed as Judd-1901, but
these pieces are nonetheless collected alongside the regular-issue
coins that follow -- much the same as the equally prized 1856
Flying Eagle cents. Researcher Michael Fuljenz writes in Indian
Gold Coins of the 20th Century that the 1907 Wire Rims "most
closely represent the original concept which sculptor Augustus
Saint-Gaudens and President Theodore Roosevelt imagined the new
Indian Head coins to look like."Also despite their classification as patterns, the coins are well-loved as first-year issues of the new Saint-Gaudens design, and perhaps half of the original mintage of either 472 or 500 pieces survives today: The 1907 Wire Rims tens were given out as VIP souvenirs at the time of production.
Original Wire Rim tens all have a distinctive appearance. The surfaces are uniformly bright yellow-gold with little (or none) of the reddish patina usually seen on High Relief twenties. The wire rim or "fin," in Mint parlance, is distinctive and completely surrounds each side. Examination with a magnifier shows only the slightest evidence of post-striking contact with other coins. There is, however, a distinctive but tiny spot of reddish-brown (probably an alloy spot) in the center of the cheek of the Indian. It is difficult to discern without a loupe, though.(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
2016 August 10 - 14 ANA US Coins Signature Auction - Anaheim #1238 (go to Auction Home page)
Auction Dates
August, 2016
10th-14th
Wednesday-Sunday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 907
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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