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Description

Gem 1907 Wire Rim Ten Dollar
Only 500 Pieces Produced

1907 $10 Wire Rim MS65 NGC. When one looks at the reverse of the 1905 inaugural medal and the reverse of the ten dollar gold piece they appear to be exactly the same. However, Saint-Gaudens tried no fewer than 70 variations of the reverse for the ten dollar. Once he even set up 25 of these sketches in a row in his studio at "Aspet" for friends and experts to judge. The obverse was clearly a lift from the head of Liberty from the Sherman Monument, but the modification for that side of the coin was major rather than minor. The headdress was not Saint-Gaudens' idea as indicated by a letter from the president to the sculptor: "Would it be possible to make a Liberty with that Indian feather head-dress ... Would the feather head-dress be any more out of keeping with the rest of Liberty than the canonical Phrygian cap which never is worn by any free people in the world?" The president was clearly a man with opinions about coinage and symbolism, and Saint-Gaudens was a sculptor accustomed to acquiescing to the desires of his wealthy and powerful patrons. Saint-Gaudens placed a headdress on Liberty and production of the first of the three major types of the ten dollar began.
Too few of these specially produced ten dollar gold pieces were struck, a mere 500 pieces, and even fewer have survived in Gem condition today. As always, the surfaces display bright yellow-gold color. The striking details are strong throughout, and the wire rim is clear around the margins of each side. We see no contact marks worthy of individual mention. Census: 34 in 65, 27 finer (4/11).(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.

View Certification Details from NGC

Auction Info

Auction Dates
June, 2011
2nd-5th Thursday-Sunday
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: N/A
Page Views: 3,945

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on Jun 3, 2011 for: $54,625.00
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