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Lot: 3968
Auction: 1116
1907 $10 No Periods MS67 NGC....
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Sold for: Sign-in or Join (free & quick) (includes BP) Bid Source: Internet
Ended: Sep 18, 2008
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Buyer's Premium: 15% of the successful bid (minimum $9.00 per lot)
Auction Name: 2008 September Long Beach, CA US Coin Signature Auction #1116
Description: Heritage Numismatic Auctions offers U.S. and World coins, medals, and tokens in our Signature Auctions & Final Session Sales, held in conjunction with some of the largest numismatic conventions. These sales feature award-winning cataloging and photography. Call or e-mail one of our Consignment Directors to learn about selling through Heritage.
Auction Type: Signature: !! Heritage Live: After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)

This lot is in:  Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 1-4546)
Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.

Item Activity: 7 Internet/mail bidders, 454 page views

Description
1907 $10 No Periods MS67 NGC. The 1907 No Periods eagle was the third Indian Head type ten struck at the Philadelphia Mint. The first examples were special issues of Saint-Gaudens' original concept and were struck in limited quantities. These pieces, however, had a Wire Rim, which was considered a serious flaw by Mint officials, who realized that it would prevent the coins from stacking properly. After modifications to the rim were made, Charles Barber insisted--almost certainly out of jealousy--that production of these so-called Round Rim pieces be halted so that he could further alter the design. Barber made several minute changes, which included the removal of the periods that bordered the reverse legends.
Collectors familiar with Indian Head eagles know that these first business strikes were probably the best produced of any date in the series. From a mintage of 239,406 pieces, many have survived in high grades. While the population data shows that there are quite a few Gems available, it also reveals that that Superb Gem examples are extremely rare. These pieces are seldom offered at auction, and when they are, they cause a considerable stir. It is amazing that NGC and PCGS have each certified an MS68 example (8/08). Any collector lucky enough to own a specimen of that quality, however, would surely be reluctant to part with it.
Enticing satiny luster glides across the virtually immaculate surfaces. The surfaces are seemingly perfect, even under magnification. Pleasing yellow-gold patina embraces both sides and complements the powerfully impressed design elements. The 1907 No Periods is a favorite among type collectors because of its status as a first-year issue, its relative availability, and its attractive design. Any collector with deep enough pockets should own an outstanding representative of this issue. (Registry values: N7079) (#8852)


The Coinage of Augustus Saint-Gaudens: as Illustrated by the Phillip H. Morse Collection
By James L. Halperin, Mark Van Winkle, Jon Amato and Gregory J. Rohan
The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two artistically inspired series of gold coins. Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published. The book is based on the extraordinary collection of Phillip H. Morse. When Morse's collection was sold in November 2005 it brought $19.2 million with many records broken for both rare and common coins.
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Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 422, Lot 3675 Saturday, January 6, 2007 67 NGC $31,625.00
Auction 1114, Lot 2029 Sunday, August 3, 2008 67 PCGS $74,750.00
Auction 422, Lot 3161 Saturday, January 6, 2007 67 PCGS $51,750.00
Auction 384, Lot 4885 Saturday, September 24, 2005 67 PCGS $40,250.00
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