1907 $10 Wire Rim MS63 NGC....

Description

Pleasing 1907 Wire Rim Indian Head Eagle, MS63

1907 $10 Wire Rim MS63 NGC. Traditionally regarded as a pattern issue (Judd-1774), but also adopted by mainstream 20th century gold collectors, the 1907 Wire Rim Indian Head eagle enjoys popularity with collectors of many disciplines. According to research by Roger Burdette, a total of 542 Wire Rim Indian Head eagles was minted in 1907, but not all specimens were released at the time. Examples were initially given out to dignitaries and government officials, then sold at face value to museums and collectors, distributed as political favors, and finally sold to coin dealers at $15 per coin. A group of 70 specimens that remained unsold in 1915 was melted at the Mint, leaving the final distribution at 472 pieces. The date is coveted by first-year-of-issue collectors and pattern specialists, as well as 20th century gold aficionados.
The coins proved popular with collectors, and dealers began to offer specimens in their auction catalogs at an early date. Henry Chapman seems to have been particularly active in the distribution of this issue, and appearances in his catalogs were frequent. In the John Story Jenks Collection (Henry Chapman, 12/1921), lot 5739, Chapman reported:

"1907. St. Gaudens design. Head of Liberty with chaplet of feathers, LIBERTY on band, 13 stars above, 1907 beneath. R. UNITED STATES OF AMERICA . TEN . DOLLARS . Defiant eagle standing to the left, on the ground, olive branch under right talon, in field behind him . E . PLURIBUS . UNUM . Edge stars. Border flat with slight wire edge. Uncirculated. Only 500 coined."

It is instructive to note Chapman gave an extremely detailed description of the coin, the kind of description usually reserved for patterns in numismatic literature of the early 20th century.
The present coin is an attractive example, with the characteristic swirling die polish lines in the fields and the slight softness always seen on the design elements. A few light contact marks are present on Liberty's head and a small copper spot is visible on the upper headdress. These insignificant blemishes, together with a mark on the reverse below UNUM account for the grade.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 268B, PCGS# 8850, GSID# 9744)

Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.48375oz
Mintage: 500

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.

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