1907 $10 Indian Wire Edge, NGC AU53 – great collector grade! – SOLD

Description

1907 $10 Wire Rim NGC AU53. A terrific collector coin in an extremely affordable grade! In fact, there’s not a whole lot of difference between this coin and one graded AU58. A light amount of wear and some tics on both the obverse and reverse would account for the AU53 however. There are a few light scratches on the left reverse field but they a quite hidden under any sort of light. This one shouldn’t last long!

Judd-1901, formerly Judd-1774. The original mintage of the first style Indian eagle with Wire Rim and Periods LIBERTY, is 542 pieces (per Roger Burdette, Renaissance of American Coinage: 1905-1908, 2006). Seventy of these coins were melted between 1915 and 1918, for a net mintage of just 472 coins. While the design is closest to Saint-Gaudens’ original concept, the general lack of a solid rim did not allow for proper stacking. Hence after this modest issue and limited release, the designs were changed to the first revision by Mint Engraver Charles E. Barber; examples of the second type are known as Rolled Edge pieces, and included a rim that would facilitate stacking.