1908 $10 Motto MS (PCGS# 8859)

The August 2013 Chicago ANA World's Fair of Money

  • Auctioneer:
    Stack's/Bowers
  • Lot Number:
    4534
  • Grade:
    MS67
  • Price:
    $41,125.00
Lot Description
1908 Indian Eagle. Motto. MS-67 (NGC). Strong mint luster and mint-fresh surfaces. Few signs of bag handling are present and the luster is virtually unbroken by scuffs&nbsp;or nicks. The strike is sharp as most of the softness seen on the late 1907 Indian eagles has been corrected for these with Motto 1908 coins, especially on the stars and central obverse. The only notable striking softness is on the upper wings near the eagle's neck. The planchet shows the usual green-gold hue common to this series when found in such superb condition.<br /> <br /> It seems the motto IN GOD WE TRUST was purposefully left off by the designer Augustus Saint-Gaudens -- on both his designs for the double eagle and the Indian eagle introduced in 1907.&nbsp;President Theodore Roosevelt felt&nbsp;that placing God's name on a coin was blasphemous, as these monetary units were not always used for the most moral purposes. The motto was eventually restored by Chief Engraver Charles E. Barber in 1908, thereby creating two major design types of the Indian eagle for that year.
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