January 25-28, 2004, The Pre-Long Beach Coin & Currency Auction
Sale 23

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$10 Indian

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3338    1907. No periods. PCGS graded MS-65. A lovely satiny mint specimen with natural golden-orange mint bloom color. In an old green PCGS holder. Pop of 126, 39 in MS-66 and 5 in MS-67. Popular type coin that is always well bid on in this high grade. Color photo.
Estimated Value $6,000-6,500.
 

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3339    1907. No periods. PCGS graded MS-63. A satiny smooth golden beauty. In a 1st generation PCGS holder.
Estimated Value $1,300-1,600.
 

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3340    1907. No periods. NGC graded MS-62. Lustrous with natural greenish-golden color. Popular "No Periods" type coin.
Estimated Value $600-700.
 
3341    1907. No periods. EF-40. Plenty of luster remains.
Estimated Value $230-250.
From the Benson Collection.
 

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3342    1908. With Motto. Obverse Planchet Lamination. PCGS graded MS-63. The rippling of the metal in front of Miss Liberty's eye was caused by gas being trapped in the alloy. When the ingot was rolled flat, so was the bubble, creating a separation of the metal just below the surface. When the coin was struck, the bubble burst (or was at least accentuated), creating the unusual effect seen here. Lamination flaws are generally common, but on gold coins they are rare, especially when they are as large and as obvious as this one.
Estimated Value $1,150-1,250.
 

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3343    1908. With motto. NGC graded AU-58 PQ. Nice and lustrous and of Premium Qualilty for the grade.
Estimated Value $300-325.
 
3344    1908. With motto. EF-45.
Estimated Value $230-250.
From the Benson Collection.
 

Stunning 1908-S "With Motto" $10 Indian

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3345    1908-S. With motto. PCGS graded MS-67. Beautiful, even gold toning on both sides, with hints of greenish highlights near the outer rims. Well struck and nearly as fresh as the day this coin was struck. Stunning in appearance and just plain beautiful. Collectors of this series will recognize this for what it is -- one of the finest examples of the date and one of the most-well balanced examples a collector is likely to encounter in the entire series. PCGS reports 7 at this level, with four finer (all at the MS-68 level). Of the millions upon millions of $10 Indians that were produced during the run from 1907 to 1933, this remains as one of the finest!

The With Motto variety was a reaction to President Teddy Roosevelt's removal of IN GOD WE TRUST from the back of the $10 gold pieces. Roosevelt's attempt at separating church and state (although it may not have been characterized as such at the time) was seen as a move toward a Godless society and the motto was returned to the coinage (only the Eagles and Double Eagles were affected). Color photo.
Estimated Value $30,000-40,000.
 

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3346    1908-S. With motto. NGC graded AU-58. Only the faintest amount of friction is noted on the eagle's breast with plenty of original frosty mint luster still intact. Popular low mintage date and always in demand.
Estimated Value $600-700.
Dr. Charles Ruby Collection sold by us in the early 1970's.
 

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3347    1909. EF-45. Toned with a few tiny rim nicks present.
Estimated Value $230-250.
 

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3348    1910-D. PCGS graded MS-64. Lots of luster and lightly toned. In an old green PCGS holder. Pop of 367 with 43 in MS-65 and 23 in MS-66.
Estimated Value $1,250-1,350.
 

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3349    1910-D. AU-58. Plenty of mint luster remains.
Estimated Value $280-300.
 

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3350    1910-S. VF-35. A few tiny marks appear on the rims.
Estimated Value $220-240.
 

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3351    1911. PCGS graded MS-64 PQ. A majestic coin, well struck with lovely rich golden-orange mint bloom color giving this beauty great "eye appeal". Pop of 294 with 50 in MS-65, 16 in MS-67 and 5 in MS-67. You will never need nor want to improve on this one!
Estimated Value $1,500-2,000.
 

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3352    1911. PCGS graded AU-58.
Estimated Value $250-300.
Benson Collection.
 

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3353    1911. EF-45. Lightly cleaned at one time.
Estimated Value $240-260.
 

Premium Quality 1911-D Indian $10

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3354    1911-D. PCGS graded MS-64 PQ. An impressive example of this tough date, graded recently, yet it looks like it might have another point going for it. Lovely, rich golden toning. A definite candidate for resubmission, especially considering the incredible rarity of Gems of this date. Pop 10 in MS-64, with only 3 in MS-65, and none finer.
According to the PCGS Population Report, this is the second most difficult date to locate in this grade or higher, just a bit behind the 1920-S. Certainly, the mintage was very low in 1911 for the Denver Mint and, obviously, few were saved. There simply weren't enough collectors around then that cared about mintmarked coins, and saving rolls of coins was decades away from being fashionable (not that man y people collected $10 gold pieces by the roll, anyway).
As true collectors know, when a great rarity, such as this coin, is offered, it is best to purchase it and lock it away. Color photo.
Estimated Value $50,000-60,000.
 

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3355    1911-D. EF-45. A pleasing problem-free example of this scarce semi-key date eagle.
Estimated Value $500-750.
 

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3356    1912. PCGS graded MS-62. A lovely lustrous example.
Estimated Value $350-400.
Benson Collection.
 

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3357    1912. NGC graded MS-61. Deep orange peripheral toning over frosty mint surfaces.
Estimated Value $325-375.
 

Phenomenal 1912-S Eagle in MS-65

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3358    1912-S. PCGS graded MS-65. For the connoisseur, we present a remarkable 1912-S Eagle in full MS-65 condition, certified as such by the world-class grading experts at PCGS. The luster on this piece is amazing and far superior to the lifeless, almost matte texture usually seen on this date. Both sides feature bold cartwheel luster where the light dances over the surfaces. Hints of orange and pink toning complete the picture, contributing to a very impressive level of eye appeal. This is an extremely popular series, although it takes much fortitude and money to enjoy it at the top levels. However, we can't think of a more pleasurable way to own this date than with the coin offered here. PCGS reports a mere 7 coins at this level, with only one coin finer (at the MS-66 level).

Interestingly enough, Saint Gaudens' Indian Head design was originally intended for the Cent, was later auditioned for the Double Eagle, but ended up on the Eagle! Color photo.
Estimated Value $30,000-37,000.
 

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3359    1913. EF-45.
Estimated Value $230-250.
 

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3360    1913-S. PCGS graded MS-62 PQ. A nice original orange toned example of this scarce semi-key date. A Premium Quality example for this grade. Pop of 45 with 29 better, the finest being MS-66. Trends for $10,000.
Estimated Value $6,000-6,500.
 

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3361    1913-S. NGC graded AU-55. Plenty of mint luster remains on this scarce semi-key date.
Estimated Value $500-700.
 

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3362    1914. AU-50. Nice original toning.
Estimated Value $250-275.
 

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3363    1914-D. AU-50.
Estimated Value $280-300.
 

Elusive 1914-S $10 Indian

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3364    1914-S. PCGS graded MS-64. A nice, fresh-looking example of this condition-rarity, featuring a nice strike and and choice surfaces. Although this date is readily available in circulated grades, it becomes scarce in Mint State and rare at the MS-64 level. In MS-65, the 1914-S Eagle becomes a great rarity and none have been graded finer than MS-65 by PCGS. PCGS reports 65 at this level, with only 10 finer (all MS-65, as previously mentioned).

The Indian Head motif was Saint-Gaudens' favored design for the $20 gold piece, but he was over-ruled by his benefactor, President Teddy Roosevelt, who preferred the striding image of Liberty. Interestingly enough, the sole example of an Indian Head $20 in gold (the former Judd-1776 , now Judd-1905) was most likely created by Charles Barber!
Estimated Value $7,000-8,000.
 

Glittering 1914-S Eagle

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3365    1914-S. PCGS graded MS-64. A wonderful, orange-toned Gem with glittering luster on both sides. A true condition-rarity and one of the few dates in the series that is truly rare in MS-65. PCGS reports 66 coins at the MS-64 level, with only 10 finer (all at the MS-65 level). Frankly, the MS-65 population seems a bit high to us, and we suspect that the number may be inflated by coins vying for the coveted MS-66 grade.
Estimated Value $7,000-8,000.
 

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3366    1914-S. NGC graded MS-63. Lovely golden toning on lustrous surfaces. A few marks on the face takes this out of the gem class.
Estimated Value $3,200-3,800.
 

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3367    1915. PCGS graded MS-62. Nice original golden-orange toning. In an old green holder.
Estimated Value $375-425.
 

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3368    1915. NGC graded MS-62. Well struck and frosty.
Estimated Value $375-425.
 

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3369    1915. AU-50. Nicely toned.
Estimated Value $250-275.
 
3370    1915. EF-40.
Estimated Value $230-250.
From the Benson Collection.
 

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3371    1916-S. NGC graded MS-62. Bright and quite lustrous.
Estimated Value $1,000-1,250.
Dr. Charles Ruby Collection sold by us in the early 1970's.
 

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3372    1926. PCGS graded MS-66. Well struck with rich natural greenish-golden and orange mint bloom color. This beauty is worthy of a premium bid due to its outstanding "eye appeal". Pop of 166 with only 1 higher by a single point.
Estimated Value $4,000-4,500.
 

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3373    1926. PCGS graded MS-62. A bright and very lustrous example.
Estimated Value $375-425.
 

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3374    1926. AU-58. Nice and lustrous for the grade.
Estimated Value $250-275.
 

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3375    1932. PCGS graded MS-62. Nice golden mint color.
Estimated Value $375-400.
 

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3376    1932. PCGS graded MS-62 PQ. Attractive orange gold toning.
Estimated Value $350-400.