1907 $10 No Motto MS (PCGS# 8852)

The August 2013 Chicago ANA World's Fair of Money

  • Auctioneer:
    Stack's/Bowers
  • Lot Number:
    4526
  • Grade:
    MS68
  • Price:
    $176,250.00
Lot Description
Here is a majestic specimen of this issue, with surfaces that approach perfection. After all, it takes quite a special coin to earn PCGS's finest grade of the year <em>and type.</em>&nbsp;This is such a coin, and unique in its grade status. Bathed in mint luster and showing a sharper than average strike, with the surfaces virtually free of any detractions. Even with the strongest possible loupe, there is no evidence of handling marks beyond only a few minute luster grazes that appear. The fields and devices are as close to perfection as any collector could hope to find. To date, PCGS has graded only one example this high -- this coin -- not only of the date, but of the Type III or No Motto type issued in 1907 and early 1908 as well.<br /> &nbsp;<br /> This is the regular issue as adopted after the September 1907 issue of the Rolled Edge design. There are modifications to the design as requested by the Superintendent of the Mint John H. Landis that were undertaken by Charles Barber, the chief engraver. Barber's modifications included a general reduction in the depth of the relief of the devices, the branch is shaped differently, the triangular dots are omitted from the legends, and one of Liberty's curls pushes up to the bases of IBE in LIBERTY. The central details are rarely seen sharp when compared with the first two designs struck, perhaps due to the lower relief combined with reduced striking pressure used for general production coinage. While the modifications made by Barber may seem unimportant, they were an attempt to improve striking and coining efficiency, and the adaptations remained through the end of the series, save for the adoption of the Motto in late 1908. An extraordinary specimen that is destined to be a highlight of any advanced collection.
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