1907 $10 No Motto MS (PCGS# 8852)

The March 2011 Baltimore Auction

  • Auctioneer:
    Stack's/Bowers
  • Lot Number:
    6822
  • Grade:
    MS67
  • Price:
    $28,750.00
Lot Description
The first Indian Eagle released into general circulation, the 1907 No Periods exhibits modifications to the original Augustus Saint-Gaudens design as carried out by the artist's assistant Henry Hering and also, possibly, Chief Engraver of the Mint Charles E. Barber. The relief is lower than that used to strike the Wire Rim examples, and a border is included as was the case with the Rolled Edge pieces. On the reverse, the lettering is narrower than on earlier versions, there is more detail to the eagle's plumage and the olive branch and the periods flanking the inscriptions have been removed.<br /> &nbsp;&nbsp;&nbsp;&nbsp;The original mintage of the 1907 No Periods Ten is often&nbsp;given as 239,406 pieces, although that figure includes 542 Wire Rim pieces. The net mintage for the No Periods issue, therefore, is 238,864 pieces.<br /> &nbsp;&nbsp;&nbsp;&nbsp;Since it was the first Indian Eagle to find its way into the hands of the general public, many examples of the 1907 No Periods were saved for posterity. The result is that the issue is obtainable with ease in today's market in grades up to and including MS-64. Even MS-65s can be had without too much difficulty. MS-66s are scarce, however, and the issue is conditionally rare any finer.<br /> &nbsp;&nbsp;&nbsp;&nbsp;This lovely Superb Gem ranks among the finest&nbsp;examples extant. The strike is razor sharp throughout the reverse, the obverse also well defined apart from the characteristic (for the issue) softness of detail in the center.&nbsp;Aglow with satiny yellow-gold luster, the surfaces reveal no abrasions or other blemishes to distract the eye. A stellar piece for inclusion in a high-grade gold type set or advanced Indian Eagle collection.
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