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1908-D $10 Motto MS67 NGC....
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Sold on Apr 30, 2009 for:
$63,250.00
Bid Source: Live: Phone bidder
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Description
Incredible Superb Gem 1908-D Motto Ten
1908-D $10 Motto MS67 NGC. More than a decade after its printing, arguably the best assessment of the rarity of the 1908-D With Motto ten dollar pieces in high grades comes from David Akers, and his words, reprinted in Heritage's November 2005 auction of the Phillip Morse Collection, bear repeating. He wrote in the catalog for the Thaine Price Collection that "... 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. Most examples of this issue must have gone into circulation because...even in the lowest mint state grades, the 1908-D With Motto is at least worthy of being called 'very scarce.'"Garrett and Guth second Akers, noting that "Most [1908-D With Motto tens] are boldly struck and show ample luster, but few examples survived that have the unblemished surfaces required for the gem grade." Still, they advise that "For the serious and well-heeled specialist, this date can be obtained."
The occasional opportunity does arise, as the offering of this fantastic Superb Gem demonstrates. Its pale straw-gold surfaces are beautifully lustrous, and the devices are crisp throughout, with the detail on Liberty's hair particularly noteworthy. Even under close scrutiny, this coin does not show any but the most trivial of flaws. A truly remarkable Superb Gem that should find a home in a high-end cabinet. Census: 3 in 67, 1 finer (3/09).(Registry values: N1)
Coin Index Numbers: (NGC ID# 28GK, PCGS# 8860, GSID# 9760)
Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.53oz
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.
Auction Info
2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124 (go to Auction Home page)
Auction Dates
Apr-May, 2009
29th-3rd
Wednesday-Sunday
Bids + Registered Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 1,046
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15% of the successful bid per lot.
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