1908-S $10 XF40

CERTIFICATION#: -35567
PCGS#: 8861

Owner's Comments

Estimated grade. Sold by David Akers Numismatics May '98 Price realized $467.5

Expert Comments

David Akers (1975/88): The 1908-S is very rare in all Mint State grades but, unlike many issues of this type, the rarity does not materially increase until one reaches the MS-65 level, where the population drops off by more than half when compared to any single lower grade. However, there are a relatively high number of gems of this issue in existence ("high" as used in the context of Indian Head eagles, that is) and there are also a small number of superb quality, near perfect specimens known. Kruthoffer's brought $30,000 in 1981 and was essentially perfect, and a few others approach this level of perfection, including one in a prominent old-time Midwestern collection. I own two MS-67+ pieces, and the 1976 ANA specimen now owned by Dr. Steven Dukor, as well as the Eliasberg coin now in Dr. Thaine Price's collection, are also both distinctly better than MS-65.

The 1908-S is always very sharply struck. Like the half eagle and double eagle of the same date and mint, the 1908-S eagle comes with two very different, distinct finishes. One is frosty and very finely granular, and on these specimens the lustre is very good but not outstanding. The other finish (much more rare) is extremely satiny, and with these examples the lustre is always exceptionally radiant. Color varies on this issue from light orange and greenish gold to coppery gold. In top grade, there is no better looking coin in the series than the 1908-S.

Diameter: 26.80 millimeters Designer: Augustus Saint Gaudens Edge: Raised Stars
Mintage: 59,850 Weight: 16.70 grams Metal Content: 90% Gold, 10% Copper
12
815
1
15
835
1
20
875
1
45+
1,050
50+
1,650
53+
2,000
55+
2,600
58+
3,600
63+
14,500
1
64+
19,500
65+
28,500
66+
44,000
2
67+
70,000
68+
150,000
1

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 1,750 R-4.7 6 / 27 TIE 8 / 32 TIE
60 or Better 450 R-6.1 8 / 27 TIE 10 / 32 TIE
65 or Better 70 R-8.3 15 / 27 TIE 17 / 32 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS68+ PCGS grade Paul Taylor Collection - Heritage 1/2005:30647, $149,500 - Simpson Collection
2 MS68 PCGS grade

Stack's "ANA Sale 1976 (per Akers write-up in the Thaine Price auction) - Dr. Steven Duckor - Heritage 4/2006:3885, $115,000 - Jim O'Neal - Heritage 1/2009:3507, $80,500 - Heritage 7/2009:1309, $94,875

2 MS68 PCGS grade  
4 MS68 estimated grade  

Bentley Shores Collection - Stack’s/Bowers 8/2013:4537, $182,125

5 MS67 PCGS grade Kutasi Collection - Heritage 1/2007:3166, $46,000