LOT #3693 |
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1907 $10 Wire Rim MS66 PCGS....
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Sold on Nov 11, 2021 for:
$120,000.00
Bid Source: HA.com/Live bidder
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Description
1907 Wire Rim Eagle, MS66
Famous Single-Year Rarity
True to the Artist's Original Vision
1907 $10 Wire Rim MS66 PCGS. The 1907 Saint-Gaudens ten and
twenty dollar gold pieces are regarded among the finest designs in
American numismatics, and each has an origin story to match. Not
too many issues can boast a President of the United States as their
most outspoken champion, as Theodore Roosevelt was for these
coins.Like the double eagle, which was struck in limited quantities in high relief, per Saint-Gaudens' original vision, the 1907 Indian Head ten dollar was also minted in small numbers according to the artist's original intentions. Before Charles Barber made his alterations to the design to facilitate mass production, 542 examples were struck of the so-called Wire Rim, With Periods design (70 of them were eventually melted, resulting in a net mintage of 472 coins). Dave Bowers writes:
"While these have been popularly called patterns, an examination of the situation leaves no room for any conclusion other than that these were 'special' coins produced not as patterns, but for the profit of Mint employees and favored others."
He adds that these 1907 Wire Rim eagles were "placed in the hands of Mint personnel who were free to keep them as souvenirs or sell them at a profit." Today, as then, this issue remains of greatest interest to advanced specialists, being all but out of reach for casual, if enthusiastic, collectors. That is particularly true for the few examples in this esteemed state of preservation. Both sides of this Premium Gem are satiny-smooth with rich orange-gold color. The fields and cheek are clean, while we note a single tick well-hidden in the feathers above RTY. An outstanding example of this famous single-year rarity. Population: 22 in 66 (2 in 66+), 7 finer (10/21).(Registry values: N10218)
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
2021 November 11 - 14 US Coins Signature® Auction #1336 (go to Auction Home page)
Auction Dates
November, 2021
11th-14th
Thursday-Sunday
Bids + Registered Phone Bidders: 69
Lot Tracking Activity: N/A
Page Views: 1,143
Buyer's Premium per Lot:
20% of the successful bid per lot.
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