LOT #2743 |
Sold on Apr 30, 2009 for: Not Sold
1908-D $10 No Motto MS66 PCGS. CAC....
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Description
Fantastic MS66 1908-D No Motto Ten
1908-D $10 No Motto MS66 PCGS. CAC. Unlike its double eagle counterpart, the Saint-Gaudens eagle design was not minted in the millions prior to its 1908 modification to add IN GOD WE TRUST to the reverse. Only two issues, the 1907 No Periods and the 1908-D No Motto, have six-figure mintages, between 200,000 and 250,000 pieces in each case. Both of them are of considerable value to the type collector.The 1908-D No Motto, however, is much more challenging in higher grades. Garrett and Guth comment in their Encyclopedia of U.S. Gold Coins: "This issue is within the top third of the most difficult dates to obtain in gem grades. Most of the original mintage did not survive in high grade, and the novelty of the new design had worn off, so few were saved."
The two authors also note that the issue is underrated, stating that it "does not command the respect it deserves." They suggest that since most of the known Mint State survivors are poorly struck with subpar luster, even the finer examples suffer. The present Premium Gem deserves better. Though the hair over Liberty's ear is a trifle softly defined, the detail on the eagle's feathers is sharp. Generally wheat-gold surfaces have warm and inviting luster with hints of peach and orange at the margins. A single graze is noted on Liberty's cheek and a planchet flaw follows the lower left obverse rim, but neither of these flaws unduly influences the top-notch eye appeal. Population: 5 in 66, 0 finer (3/09).(Registry values: N10218)
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 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: 6
Lot Tracking Activity: N/A
Page Views: 827
Buyer's Premium per Lot:
15% of the successful bid per lot.
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