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1908-D $10 No Motto MS65 NGC....
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Sold on Oct 23, 2009 for:
$19,550.00
Bid Source: Internet bidder
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Description
Exceptional 1908-D No Motto Ten Dollar, MS65
1908-D $10 No Motto MS65 NGC. The 1908-D No Motto ten dollar piece, with its moderately low mintage of 210,000 pieces, is difficult to locate in Mint State grades. Indeed, NGC and PCGS have certified about 750 Uncirculated coins, with the vast majority falling into the MS60 to MS62 range. Another 150 or so grade MS63 or MS64, and only about 20 Gems and Premium Gems are known, as are a mere three MS67 specimens. A number of certified Mint State pieces are likely resubmitted or crossed-over coins, especially in the MS60 to MS62 or MS63 levels.A point of interest regarding the 1908-D No Motto is that the mintmark placement is unique to the Indian Head ten dollar series, located to the upper left of the olive branch. On all subsequent dates it is to the left of the arrow points. Perhaps Mint officials thought that when the motto IN GOD WE TRUST was added in the left field there would be too much clutter in that area, or that maybe the mintmark would not stand out as much.
The 1908-D No Motto eagle has the reputation as one of the least attractive in the series. Walter Breen (1988) contends that it is weak in the centers and often dull. Similarly, David Akers (2008) says that it is not only flatly struck on the obverse and lackluster with dull, muted surfaces, but is usually heavily bagmarked and possesses below-average eye appeal. These factors contribute to the paucity of Gem and better examples in the certified population.
The current MS65 offering is exceptional in many respects. Both sides display pleasing apricot-gold color with subtle greenish undertones and radiant luster. The design features are sharp, especially the headdress, LIBERTY, and the eagle's plumage. The usual softness is noted in the hair over the ear. The frosty surfaces are remarkably smooth. A solitary mark on the cheekbone probably prevents an even higher grade. In sum, this charming specimen yields superior eye appeal and will surely elicit spirited bidding among connoisseurs of quality gold coinage. Census: 9 in 65, 8 finer (9/09).(Registry values: N7079)
Coin Index Numbers: (NGC ID# 28GH, PCGS# 8854, GSID# 9759)
Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.48375oz
Mintage: 210,000
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 October Signature US Coin Auction #1130 (go to Auction Home page)
Auction Dates
October, 2009
22nd-24th
Thursday-Saturday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 1,331
Buyer's Premium per Lot:
15% of the successful bid per lot.
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