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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 5961

Starting price: 1 USD
Price realized: 36 000 USD
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Indian Eagles
1907 $10 No Motto MS67+ PCGS. Most reference literature regarding the 1907 No Periods eagle describes it as the most plentiful No Motto issue. It was the third and final variant produced for the year, and the design modifications were applied to all subsequent issues in the series. More than 239,000 pieces were struck, also making the No Periods 1907 the highest-mintage issue of the No Motto type. However, this issue's high-grade availability is limited. In MS65, examples can still be found with ease, but Premium Gems pose a problem for the collector seeking a quick acquisition. In MS67, the No Periods 1907 is rare. For perspective, the date is the most plentiful in the series at this lofty level of preservation, but the number of such coins known is still inherently small, and the issue's popularity as a type coin causes immense demand to be applied to these high-end examples.
The Saint-Gaudens Indian eagle was an artistic success from the public's viewpoint, and many Mint State examples were saved by contemporary collectors. Fuljenz, writing in Indian Gold Coins of the 20th Century, states that as a result, "with some patience the collector may be able to find a piece which grades MS66 or even MS67." This Plus-graded Superb Gem is just such a coin. The design elements are boldly defined amid the frosty green-gold surfaces. Abrasions are nonexistent and the corresponding eye appeal is superb. The cartwheel effect spirals uninterrupted. The record price realized for this issue is $161,000, brought by the MS68 PCGS specimen in our June 2006 Long Beach Signature. An opportunity of this importance should not be taken lightly. Population: 11 in 67 (2 in 67+), 1 finer (11/16).
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