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1907 $10 No Motto MS67+ PCGS....
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Sold on Aug 10, 2016 for:
$70,500.00
Bid Source: Live: Floor bidder
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Description
1907 Indian Eagle, MS67+
Final No Periods Design
Only One Finer Coin at PCGS
1907 $10 No Motto MS67+ PCGS. Despite its acknowledged
beauty, Augustus Saint-Gaudens' original design for the 1907 Indian
eagle proved impractical for high-speed regular-issue coinage. Mint
Engraver Charles Barber and Saint-Gaudens assistant Henry Hering
modified the initial 1907 design by removing the triangular stops
(periods) from around the motto E PLURIBUS UNUM and lowering the
relief of the devices. They also reshaped the branch slightly. The
earlier Wire Rim and Rolled Edge patterns were distributed to
Treasury insiders and VIP's, but this No Periods design was the
first version seen by the general public.The "Indian" head is actually a representation of Liberty, wearing the uniquely American headdress of a native American that President Theodore Roosevelt insisted on. The design was adopted from the Nike head Saint-Gaudens had sculpted for the Sherman Monument in Central Park. A rumor that the model for this iconic American design was an Irish waitress named Mary Cunningham caused a brief scandal in the contemporary press, but there was no basis for the report and the clamor soon subsided. Many high-quality specimens of this first-year issue were saved by contemporary collectors for numismatic purposes and for their novelty value by the general public. As a result, the 1907 No Periods Indian eagle is an available date today in grades up to the Premium Gem level. The issue is very rare in MS67, however.
This spectacular Plus-graded Superb Gem displays lustrous orange-gold surfaces imbued with traces of light tan. The design elements are well-struck, and each side is free of significant abrasions. A small mark in the middle of the eagle's tail may help to identify this piece. Population: 10 in 67 (1 in 67+), 1 finer (7/16).(Registry values: N7079)
Coin Index Numbers: (NGC ID# 28GF, PCGS# 8852, Greysheet# 9746)
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: 14
Lot Tracking Activity: N/A
Page Views: 1,046
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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