Sold for: Sign-in or Join (free & quick)

    Description

    Exquisite 1908 Ten Dollar
    Superb Gem Matte Proof

    1908 $10 Motto PR67 NGC. With approximately 50 pieces believed extant in all grades, the 1908 proof ten is undeniably rare. Few collectors will have the opportunity to see an example, let alone possess one. Those fortunate enough to consider ownership of this first-year Indian eagle proof issue will have to accept a slightly impaired example or wait years between auction appearances to acquire a Superb Gem proof such as the current coin. In fact, Heritage has auctioned a mere four examples at this lofty grade level during the past 15 years.
    To understand why less than half of the original mintage of 116 proof 1908 tens have survived, one must consider a few factors. Being a new issue, some of the 1908 proof Saint-Gaudens coins were acquired by non-collectors and were likely treated as souvenirs as opposed to numismatic works of art. The ensuing two decades witnessed troubling financial times and the matte proof coins would have looked like the circulating coins of the same design to the average citizen, thus it is likely that some were circulated. Even contemporary collectors were not pleased with the concept of sandblasted proof gold as they were accustomed to the brilliant proof coinage of the previous five decades. And, since the premium paid for the early Saint-Gaudens proof coins was five cents over face value, the incentive to carefully preserve these pieces was apparently shared by only a few astute collectors. Breen (1988) stated that of the 25 or more 1908 proof tens that he examined, nearly half showed "nicks or shiny spots from careless handling."
    The current example is an exceptional survivor, displaying seemingly flawless surfaces and a bold strike, as one would expect with the assigned grade. The coloration is characteristic of early matte proof gold; a blend of khaki and olive. A stunning piece to behold! Census: 10 in 67, 2 finer (5/08).(Registry values: N10218) (NGC ID# 268E, PCGS# 8890)


    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    June, 2008
    26th-29th Thursday-Sunday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 2,274

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $9) per lot.

    The Coinage of Augustus Saint-Gaudens as Illustrated by the Morse and Duckor Collections
    Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers

    The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two artistically inspired series of gold coins. Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published. The book is based on two extraordinary collections: The Phillip H. Morse collection and the Dr. and Mrs. Steven L. Duckor collection.

    Order Now! Just $95

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 20 days left to consign to the 2017 July 31 - August 7 ANA US Coins Signature Auction - Denver!

    Learn about consigning with us

    I am so proud of the work you have done and the layout was perfect!
    Steven L. Duckor,
    Orange, CA
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 April 26 - 30 CSNS US Coins Signature Auction - Chicago
    2017 April 26 - 30 CSNS US Coins Signature Auction - Chicago
    REALIZED $22,615,570
    2017 April 7 - 10 CCE World Coins & Ancient Coins Signature Auction - Chicago
    2017 April 7 - 10 CCE World Coins & Ancient Coins Signature Auction - Chicago
    REALIZED $6,328,714
    2017 April 28 - May 1 CSNS World Currency Signature Auction - Chicago
    2017 April 28 - May 1 CSNS World Currency Signature Auction - Chicago
    REALIZED $1,009,870