1908 $10 Matte PR(PCGS#8890)

Summer 2026 Global Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

2475

Grade

PR66+

Price

140,300

Lot Description

This spectacular near-Superb Gem example is bathed in the characteristic deep honey-orange color that makes the 1908 a distinct issue in the Proof Indian eagle series. The surfaces are expertly preserved, virtually flawless in fact, and reveal no marks, "shiny spots" or other detracting signs of contact. The strike detail is razor sharp throughout, with fine definition on Liberty's hair curls and the eagle's feathers. With wisps of enhancing pinkish-apricot iridescence engaging many of the design elements, this is a stunning Indian eagle of exceptional quality and supreme beauty that will please even the most discerning collector of Sandblast Proof gold coinage.<p>The 1908 Motto is the first regular issue Proof in the Indian eagle series. (A small number of patterns and experimental pieces are known from 1907; no Proofs of the No Motto type were struck in 1908.) The 1908, with a mintage of 116 pieces, enjoys a higher rate of survival than the following issues in this series, but many were not preserved by contemporary collectors. The dark sandblast finish proved unpopular with numismatists at the time these coins were produced, so much so that the Mint abandoned it in 1909 in favor of a more vibrant satin finish. Estimates on the number of Proof 1908 eagles extant vary from as low as 40 coins to as generous as 80 pieces. Our research indicates that the latter number is more accurate, yet still paltry in an absolute sense. Well preserved and supremely attractive, this alluring premium quality Gem would make an impressive addition to an advanced gold cabinet.