LOT #4801 |
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1907 $10 Wire Rim MS65 NGC....
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Sold on Jun 3, 2011 for:
$54,625.00
Bid Source: Internet bidder
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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.
Auction Info
2011 June Long Beach Signature US Coin Auction #1156 (go to Auction Home page)
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.
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