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Sale 37
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Lot 2235
1907 $10 Indian. Wire rim, periods. PCGS graded MS-65 P.Q. A rare and popular transitional issue, one of a mere 500 pieces made without intentions of circulation, technically making the Wire Edge ten a pattern (Judd-1774). This issue was the closest the mint came to reproducing the ten-dollar design as conceived by Augustus Saint-Gaudens and Theodore Roosevelt. The presently offered coin has subtly variegated coloration and only the smallest marks, none of them singular or important. The die polishing marks (common to all specimens) are more pronounced on the reverse fields and overall the coin has a bright satiny sheen. The strike is strong as well, with clear definition to the high points of Liberty and her plume of feathers, as well as a nice, strong relief look to the eagle.
The Saint-Gaudens $10 coinage that was introduced to the American public in late 1907 bore on the obverse a female wearing an Indian war bonnet, said by some, according to researcher Q. David Bowers, "to have been taken from the portrait of his mistress, Davida Clark, with whom he is alleged to have had a child (although biographers have never been able to confirm this). The bonnet or headdress is inscribed LIBERTY on a band, 13 stars are in an arc above, and the date is below.
"The reverse depicts a perched eagle with UNITED STATES OF AMERICA above, the motto E PLURIBUS UNUM to the right, and the denomination expressed as TEN DOLLARS below. The eagle on the new 1907 $10 was directly copied from the motif Saint-Gaudens used on the 1905 presidential inaugural medal for Theodore Roosevelt. Later, Bela Lyon Pratt used essentially the same motif for the reverse of the new $2.50 and $5 coins of 1908.
"As President Roosevelt personally objected to the use of the name of the Deity on coins, the Indian issues of 1907 and certain issues of 1908 lack IN GOD WE TRUST. Coinage of the type was effected at Philadelphia in 1907 and 1908 and also in Denver the latter year."
Only 500 coins minted. Pop 43; 15 finer. (PCGS # 8850) .
Estimated Value $50,000 - 55,000.
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| Realized $63,250 |
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