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1908 $10 Motto

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1908 $10 Motto PR67 PCGS. JD-1, Low R.5. Ex: Simpson. The Philadelphia Mint struck 116 proof Indian eagles for collectors in 1908, all with the motto IN GOD WE TRUST included on the reverse. The proofs were all delivered in a single group on December 30. The great majority of the proofs, including the present coin, have a dark sandblast finish, while a few extremely rare examples have an experimental Satin finish. The coins with the sandblast finish were all struck from the same pair of dies and designated as the JD-1 variety in John Dannreuther's United States Proof Coins, Volume IV: Gold. The rare Satin finish proofs were struck from the same obverse, but may have had a different reverse, and are designated JD-2. The 1908 JD-1 is the first realistically obtainable proof of the Indian eagle series and collector interest in the issue was initially quite strong. Unfortunately, the sandblast finish proved unpopular with collectors when they actually received their orders, as they were accustomed to the flashy brilliant proofs of earlier years. Still, many of the proofs were preserved for their novelty value and John Dannreuther estimates the surviving population at 70 to 80 examples in all grades today. The 1908 proofs were well-produced and this spectacular Superb Gem proof exhibits sharply detailed design elements throughout, with bold definition on the lower headdress feathers and the feathers on the eagle's shoulder. The virtually flawless mustard-gold surfaces are free of mentionable distractions and show textured, unbroken matte luster on both sides. The overall presentation is most attractive. Since PCGS has not certified any coins in higher numeric grades, we expect intense competition from Registry Set enthusiasts when this lot is called. This coin is pictured on PCGS CoinFacts. Population: 8 in 67 (2 in 67+), 0 finer (2/24). Important Selections from The Bob R. Simpson Collection, Part XII. HID10510052018 © 2024 Heritage Auctions | All Rights Reserved

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Time, Location
09 May 2024
USA, Dallas, TX
Auction House

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1908 $10 Motto PR67 PCGS. JD-1, Low R.5. Ex: Simpson. The Philadelphia Mint struck 116 proof Indian eagles for collectors in 1908, all with the motto IN GOD WE TRUST included on the reverse. The proofs were all delivered in a single group on December 30. The great majority of the proofs, including the present coin, have a dark sandblast finish, while a few extremely rare examples have an experimental Satin finish. The coins with the sandblast finish were all struck from the same pair of dies and designated as the JD-1 variety in John Dannreuther's United States Proof Coins, Volume IV: Gold. The rare Satin finish proofs were struck from the same obverse, but may have had a different reverse, and are designated JD-2. The 1908 JD-1 is the first realistically obtainable proof of the Indian eagle series and collector interest in the issue was initially quite strong. Unfortunately, the sandblast finish proved unpopular with collectors when they actually received their orders, as they were accustomed to the flashy brilliant proofs of earlier years. Still, many of the proofs were preserved for their novelty value and John Dannreuther estimates the surviving population at 70 to 80 examples in all grades today. The 1908 proofs were well-produced and this spectacular Superb Gem proof exhibits sharply detailed design elements throughout, with bold definition on the lower headdress feathers and the feathers on the eagle's shoulder. The virtually flawless mustard-gold surfaces are free of mentionable distractions and show textured, unbroken matte luster on both sides. The overall presentation is most attractive. Since PCGS has not certified any coins in higher numeric grades, we expect intense competition from Registry Set enthusiasts when this lot is called. This coin is pictured on PCGS CoinFacts. Population: 8 in 67 (2 in 67+), 0 finer (2/24). Important Selections from The Bob R. Simpson Collection, Part XII. HID10510052018 © 2024 Heritage Auctions | All Rights Reserved

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Time, Location
09 May 2024
USA, Dallas, TX
Auction House