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NGC-certified 1907 Indian Head Eagle Tops $800,000 in Stack’s Bowers Sale

A high-grade Indian Head Eagle certified by Numismatic Guaranty Company (NGC) realized $840,000 in Stack’s Bowers’ Spring 2022 Auction on April 5, 2022.

This 1907 Indian Head Eagle, graded NGC MS 68, realized over $800,000

Graded NGC MS 68, the 1907 Wire Rim Indian Head Periods Eagle is among the finest examples known and is surpassed only by a single coin in the NGC Census. Off the market for nearly a quarter century, it was offered in Session 4 of the auction (as lot 4058), featuring The Dr. Paul and Rosalie Zito Collection.

In 1907, the Indian Head Eagle replaced the long-running Liberty Head series. With a design by renowned sculptor Augustus Saint-Gaudens, the first of three varieties dated 1907 had a mintage of a mere 500 coins. This variety is distinguished by a wire rim instead of the traditional raised rim on US coins. It also includes periods surrounding UNITED STATES OF AMERICA, TEN DOLLARS and each word in E PLURIBUS UNUM; these periods were dropped from the design ultimately used to strike these coins in large quantities.

President Theodore Roosevelt’s work with Saint-Gaudens (also renowned for his eponymous Double Eagle design) was the beginning of a renaissance of US coinage in the early 20th century. Sadly, Saint-Gaudens passed away weeks before the initial Indian Head Eagles were struck. Learn more about the history and value of 1907 Indian Head Eagles at NGC Coin Explorer.

Other NGC-certified highlights included:

  • a 1915-S Panama-Pacific Octagonal $50 graded NGC MS 66 (Session 3, lot 3196) that realized $180,000
  • an 1853 US Assay “884” $20 graded NGC MS 63 (Session 3, lot 3202) that realized $132,000
  • a 1915-S Panama-Pacific Round $50 graded NGC MS 64 (Session 4, lot 4080) that realized $126,000
  • an 1860 Double Eagle graded NGC MS 64 (Session 4, lot 4065) that realized $120,000
  • an 1886 Eagle graded NGC PF 67 Cameo (Session 4, lot 4087) that realized $120,000
  • an 1866-S No Motto Double Eagle graded NGC MS 61 (Session 3, lot 3176) that realized $99,000
  • a 1915-S Panama-Pacific Octagonal $50 graded NGC MS 64 (Session 4, lot 4081) that realized $93,000
  • an 1863 Eagle graded NGC AU 58 (Session 4, lot 4048) that realized $90,000

All prices realized include buyer’s premium.

About Numismatic Guaranty Company™ (NGC®)

NGC is the world’s largest and most trusted third-party grading service for coins, tokens and medals, with more than 53 million collectibles certified. Founded in 1987, NGC provides an accurate, consistent and impartial assessment of authenticity and grade. Every coin that NGC certifies is backed by the comprehensive NGC Guarantee of authenticity and grade, which gives buyers greater confidence. This results in higher prices realized and greater liquidity for NGC-certified coins. To learn more, visit NGCcoin.com.

Article Source : https://www.coinnews.net/2022/04/15/ngc-certified-1907-indian-head-eagle-tops-800000-in-stacks-bowers-sale/

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