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1908-D $10 Motto MS66 PCGS....
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Sold on Jan 8, 2009 for:
$37,375.00
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Description
Outstanding 1908-D Eagle Motto, MS66
1908-D $10 Motto MS66 PCGS. Because of its rather large mintage of 836,500 pieces, this conditionally rare issue in the ten dollar Indian Head series has been traditionally underrated in Mint State. As David Akers indicates in his May 1998 catalog of the Dr. Thaine Price collection, "... mintage figures are only a starting point in determining rarity and, in many cases, especially among Twentieth Century gold issues, they can be downright misleading."The 1908-D with Motto is seldom seen in mint condition and is only infrequently located in grades above MS63. In MS66 level of preservation, the grade of the coin offered in this lot, PCGS and NGC have certified a total of 10 pieces, with only seven specimens finer. Furthermore, our records indicate that a mere seven Premium Gem examples have made appearances at major auction sales over the past twenty or so years, as have five higher-grade coins.
This is a particularly well defined piece that exhibits sharp detail on all of the design elements, a fine-grain texture in the fields, and soft, satiny luster with variegated orange-gold and lime-green color spread over each side. The surfaces are impeccably well preserved, with just a couple of minor marks hidden in the Indian's headdress. A small mint-made planchet flaw is located on the Indian's cheek, but does not distract. An outstanding example of this scarce issue. Population: 4 in 66, 3 finer (11/08).
Ex: The Phillip H. Morse Collection of Saint-Gaudens Coinage (Heritage Auction Galleries, 11/2005), lot 6504.
From The Jim O'Neal Collection of Saint-Gaudens Eagles.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 28GK, PCGS# 8860, GSID# 9760)
Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.48375oz
Mintage: 836,500
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 all of [The Jim O'Neal Collection of Saint-Gaudens $10 Indians ]
Auction Info
2009 January Orlando, FL FUN Auction #1121 (go to Auction Home page)
Auction Dates
January, 2009
7th-11th
Wednesday-Sunday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 1,040
Buyer's Premium per Lot:
15% of the successful bid per lot.
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