LOT #4010 |
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1907 $10 Wire Rim MS65 PCGS....
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Sold on May 5, 2022 for:
$96,000.00
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Description
1907 Ten Dollar Indian, MS65
Wire Rim Prototype, Judd-1901
Only 500 Examples Struck
1907 $10 Wire Rim MS65 PCGS. The Wire Rim tens and High
Relief twenties were each a curious blend of the tried and tested
and the experimental. The designs for each borrowed heavily from
previous commissions completed by Augustus Saint-Gaudens. However,
the bright, satiny finish on the Wire Rim tens was clearly
experimental for the Mint. The Mint did have decades of experience
striking medals in high relief. They could also strike them in
different finishes and colors. But medal production was a very slow
process and limited to tiny numbers when compared to coinage
intended for circulation. Problems arose, however, when designers
made assumptions about what could be accomplished for circulating
coinage, and when Mint officials attempted to second-guess how a
design would be received by the public. Mint Director George
Roberts solicited advice from San Francisco Mint Superintendent
Frank Leach about the proposed standing-eagle reverse design. Leach
was apparently unaware that the design had been previously used on
Theodore Roosevelt's privately produced 1905 inaugural medal with
the reverse designed by Adolph Weinman. His blunt assessment was it
was not a faithful representation of the national bird and its legs
much too long. "This design inclines one to the impression of a
crane in masquerade wearing pantaloons and a cutaway coat."Apparently his artistic critique went no further than Robert's desk, and the standing-eagle design proceeded and was adopted for the reverse of the ten dollar. The obverse was an adaptation of Augustus Saint-Gaudens' Nike, seen on the Sherman Group at the southern entrance to Central Park. This obverse / reverse pairing survived the experimental Wire Rim strikings, the Rolled Rim patterns, and was slightly lowered for the circulation strike tens that finally entered production. Only 500 specimens of the Wire Rim design were produced and the issue is prized by pattern collectors and series specialists alike.
The present coin is a delightful Gem, with well-detailed design elements and well-preserved orange-gold surfaces that show few signs of contact. Vibrant satiny mint luster radiates from both sides and eye appeal is outstanding. Population: 72 in 65 (8 in 65+), 29 finer (2/22).
Ex: ANA Signature (Heritage, 8/2016), lot 4318; Central States Signature (Heritage, 4/2017), lot 4297.
From The Warren Collection. (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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Auction Info
2022 May 4 - 8 Central States US Coins Signature® Auction #1344 (go to Auction Home page)
Auction Dates
May, 2022
4th-8th
Wednesday-Sunday
Bids + Registered Phone Bidders: 33
Lot Tracking Activity: N/A
Page Views: 552
Buyer's Premium per Lot:
20% of the successful bid per lot.
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