1907 $10 Wire Edge MS60

CERTIFICATION#: -27475
PCGS#: 8850

Owner's Comments

Estimated grade. Ex. Leon via Chicago Coin Co. Sold by Bowers and Merena Nov '83 price realized $11550

Expert Comments

David Akers (1975/88): Technically, the 1907 Wire Edge is a pattern (Judd 1774) and not a regular issue but it has always been considered an integral part of the series. The 500 mintage figure comes from a 1908 letter from dealer Henry Chapman to John Garrett, and this number is probably correct since Chapman had very close Mint connections. It is entirely possible that all 500 are really proofs rather than business strikes but there is no way to know for sure. One thing is certain, however; all of the known examples of this issue are of the same method of manufacture and so any distinction between "Proof" and "business strike" 1907 Wire Edge eagles is incorrect. The typical specimen is fairly well struck on the central devices (Indian and eagle) but very weakly struck at the borders. Lustre is typically good to very good. The surfaces are rather satiny with numerous random die scratches in the fields and the color is almost always light yellow gold or light greenish gold although some specimens are either orange gold or very coppery in color.

The 1907 Wire Edge is one of the highest priced issues of the series but it is actually in the lower half of the series with respect to both overall rarity and condition rarity. Locating a specimen MS-63 or lower is not particularly difficult and even very choice pieces (MS-64) are seen fairly often. However, true gems are certainly very rare since there is no rim on these coins and so unprotected surfaces are prone to nicks and scratches. A few extraordinary quality examples exist that are very nearly as struck. Dr. John Wilkinson's was perhaps the nicest I have seen, but a handful of others are just about the same.

Diameter: 26.80 millimeters Designer: Augustus Saint Gaudens Edge: Raised Stars
Mintage: 500 Weight: 16.70 grams Metal Content: 90% Gold, 10% Copper
35
17,000
2
45
19,000
2
45+
19,000
50
20,000
1
50+
20,000
53
21,000
2
53+
21,500
55
23,000
3
55+
23,500
58+
27,500
62+
40,000
63+
47,000
5
64+
59,500
2
65+
95,000
5
66+
170,000

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 450 R-6.1 1 / 1 5 / 32
60 or Better 400 R-6.2 1 / 1 9 / 32
65 or Better 125 R-7.7 1 / 1 20 / 32

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade High Desert Collection (PCGS Set Registry)
1 MS67 PCGS grade

Ed Trompeter Collection - Superior 2/1992:179 (as Raw MS65), $26,400.00 - Heritage 5/2008:3461, $149,500 - Bentley Shores Collection - Stack’s/Bowers 8/2013:4523, $211,500

1 MS67 PCGS grade  
1 MS67 PCGS grade  
1 MS67 PCGS grade