1907 $10 Wire Rim MS64 PCGS....

Description

Coveted 1907 Wire Rim Ten, MS64

1907 $10 Wire Rim MS64 PCGS. The 1907 ten and twenty dollar coin designs by August Saint-Gaudens are considered two of the most artistically advanced coins ever struck by the U.S. Mint. Unfortunately, the famed sculptor never had the chance to see his work mass produced and enter the channels of commerce, as he died on August 3, 1907. Already frustrated by constant delays, President Roosevelt seemed to have lost all patience after Saint-Gaudens' death. An August 7, 1907 letter from Roosevelt to Secretary of the Treasury George Cortelyou was uncovered in the National Archives by Roger Burdette and published in his Renaissance of American Coinage, 1905-1908. It reads, in part:

"There must be no further delays. Let the two coins be finished and put into circulation at once; by September first. Then if experience shows, or even if experience does not show, that there should be a sharper cutting, let the mint authorities consult with the late Saint-Gaudens' assistant and prepare dies of a sharper cutting. There has been altogether too much delay about this matter and I want it finished immediately."

One should not disobey an order from the President of the United States, especially one by the name of Theodore Roosevelt. On August 27, 500 experimental pieces were authorized to be struck, according to Burdette. These coins were what are now known as the Wire Rim eagles of 1907. After a revision to the edge by Charles Barber (Rolled Edge) and a final update by Saint-Gaudens' son, Homer, and his assistant, Henry Hering, the final design for circulation, the No Periods type, was completed. Just a few months after his death, Saint-Gaudens' ten dollar concept was a reality and ready for circulation.
This offering represents one of the 500 Wire Rim pieces struck in late August and early September on a medal press. Many were saved by their original recipients, VIPs and dignitaries, however the demand for this issue always exceeds the available supply. Slight striking weakness throughout is redeemed by the overall surface quality of this accurately graded example. A series of shallow abrasions that are scattered below the second A in AMERICA serve as identifiers for future pedigree research. (Registry values: N7079)

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.

View Certification Details from PCGS