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

The Regency Auction 32

拍卖行

Legend Rare Coin Auctions

批号

550

等级

MS65+

价格

727,469

详细说明

FROM THE PUG COLLECTION. Ex Frank A. Leach, director of the U.S. Mint from 1906-1909. A gorgeous GEM example of this extremely popular 1907 $10. Originally 542 Wire Rim eagles were struck, but 70 were melted later on. While this has in the past been considered a pattern issue, and is listed in Judd, enough examples survive that it is popularly collected as a distinct date in the series, and is the closest iteration of St. Gaudens' original design. This is a gorgeous GEM example! Carefully cared for by the descendants of the Mint Director who was in office during the trials of getting Augustus St. Gaudens' coins produced. The rivalry between Barber and St. Gaudens is well known, and the oft told history of Barber dragging his feet in getting these marvelous coins produced has taken up reams of auction catalog pages, but it was Frank Leach, as Director of the Mint, who over saw the production. The surfaces are satiny with a thick, original orange-gold skin. The surface texture is distinctive with the heavy die polish lines that are characteristic of the date. There is a single copper-colored toning spot on the obverse and just a couple of light ticks on the reverse near the right rim. The devices are sharply impressed and the eye appeal is excellent. PCGS 69, NGC 33, CAC 11. There are just 7 in 65+. From 1907 to 2011, this coin remained in the Leach family. This coin was lot 5223 in the 2011 FUN Auction, where it sold for $74,750 in an NGC holder. The last record of a PCGS 65+ CAC selling in auction is from Janaury 2014, where one sold for $99,875. That is five long years ago. The current Collector's Universe value is listed at $90,000. We wouldn't be surprised if this coin surpassed that, with it's high end quality, eye appeal, and lineage. Good luck! Cert. Number 25598744 PCGS # 8850