1907 $10 Wire Rim MS65 PCGS....

Description

1907 Indian Eagle, MS65
Rare Wire Rim Variant
Net Mintage of 472 Coins

1907 $10 Wire Rim MS65 PCGS. From a design by Augustus Saint-Gaudens, America's foremost sculptor, the 1907 Wire Edge With Periods Indian eagle is listed as Judd-1901 in the 10th edition of the leading pattern reference. However, USPatterns.com considers the coins business strikes, rather than patterns, and numismatists have enthusiastically adopted them into the regular Indian eagle series. Research by Roger W. Burdette revels that 500 examples were struck in late August through early September of 1907, and an additional 42 specimens were produced by the end of the year. Records indicate 70 coins remained undistributed and were later melted, leaving a net distribution of just 472 examples. None of the coins were released into circulation. Instead, they were acquired by Congressmen, Treasury Department officials, museums, coin dealers, and favored collectors who ordered them. Henry Chapman and Thomas Elder both secured a supply that they marketed to their customers for years afterward. At first, the novelty of Saint-Gaudens' design created intense collector demand for the issue. Later, the limited distribution caused resentment among rank and file collectors who felt frozen out of the process. The 1907 Wire Rim Indian eagles are among the most sought-after issues of the series today.

The present coin is a delightful Gem, with sharply detailed central design elements. As on most examples seen, the peripheral devices are not quite as sharply defined. The virtually flawless orange-gold surfaces radiate vibrant mint luster, with terrific eye appeal. This delightful specimen should appeal to numismatists of all collecting disciplines. Population: 72 in 65 (8 in 65+), 29 finer (8/21).(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.

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