1907 $10 Indian, Wire Rim MS(PCGS#8850)

The Regency Auction 50

拍卖行

Legend Rare Coin Auctions

批号

223

等级

MS66

价格

1,271,903

详细说明

FROM THE HALF DOME COLLECTION This is an exceedingly HIGH END and magnificent GEM! Hard to believe it was replaced by an even nicer coin-a jaw dropping MS67+! We are not really sure what keeps this coin from a lofty MS67 designation. Absolutely amazing surfaces are the ultimate definition of pristine. We used a strong glass, looked hard many times, and found NO problems. The surfaces are as satiny smooth as you will ever see. An intense glowing luster beams from all over. Both sides are a gorgeous GEM original yellow gold color. There are NO spots or discolorations. Miss Liberty and the details are sharply struck and stand out. The eye appeal is jaw dropping! Theodore Roosevelt was unimpressed by the national coin designs in circulation while he was president; the designs were either old, uninspired, or both. Roosevelt, who had traveled all over Europe as a youth remembered the high relief designs of the ancient Greek coinage he saw in museums, and felt that a nation as creative, powerful, wealthy, and great as the United States should have coinage designs that reflected that greatness. In 1905, a chance meeting with famed American sculptor, Augustus St. Gaudens would change the course of American numismatic history. The two men, the President and the Artist conspired to redesign every denomination from the cent to the double eagle. In 1907, St. Gaudens’ work on the eagle and double eagle commenced. While originally slated for the double eagle, the Indian Head design (really Ms. Liberty wearing a war bonnet) was placed on the $10 gold piece with a standing eagle on the reverse (adapted from the Roosevelt Inaugural medal he designed). The Wire Edge pieces were stuck first, and the high relief nature of the design elements and very narrow rim created “stacking” problem. The design was rejected after 500 were struck. The rim was modified to the Rolled Edge (see next lot). Only 500 were minted. PCGS 20, NGC 15, CAC 6. A PCGS CAC coin has not been sold since 2014-may as well be a decade AGO! The CAC CPG value is $174,000. Being the ultimate prize for a $10 or box of 20 collector, we expect strong bidding with a new record price established. If this cataloger had to pick one coin to own, this would be it ! Good luck! Cert. Number 31659640 PCGS # 8850