Rare gold coin goes on display

A $10 gold piece insured for $3 million and perhaps once belonging to President Theodore Roosevelt will be displayed May 31-June 2 at the Long Beach Coin, Stamp and Collectibles Expo.

The coin is a proof 1907 Indian Head $10 with a rolled edge.

“There are only about 50 known rolled edge 1907 eagles, and this is one of only two known with satin proof surfaces and graded NGC Satin Proof-67. It will be exhibited by Monaco Rare Coins of Newport Beach, Calif.,” said Ronald J. Gillio, the Expo’s general chairman.

“This important and monumental rarity was not discovered to be a proof finish until several years ago. It was previously misattributed as Mint State,” said Adam Crum, vice president of Monaco Rare Coins.

Market valuations in two states of preservation!

“Some researchers believe this coin may have been owned by President Theodore Roosevelt, who asked acclaimed sculptor Augustus Saint-Gaudens to design the eagle and double eagle coins that were introduced in 1907. One prominent numismatist told me, ‘After all the research we did, your coin has to be Teddy’s.’ Obviously, more research is required,” Crum said.

An adult grading contest will be held at the show by the Professional Coin Grading Service. Prize for the winner will be a $20 Saint-Gaudens double eagle graded PCGS Secure Plus MS-65. There also will be grading competitions for high school and pre-high school Young Numismatists. The winner in each category will receive a PCGS-certified MS-65 Morgan dollar.

Heritage Auctions will conduct the official Expo sale.

After a 10-year absence, a sports collectibles section will be part of the Expo.

Public hours will be Thursday and Friday, May 31, and June 1, from 10 a.m. to 7 p.m., and Saturday, June 2, from 10 a.m. to 5 p.m.

Public admission is $8 (good for all three days); $6 for members of any coin or stamp club; $4 for seniors 65 and older and for children ages 8 to 16. Free admission is available for PCGS and PSA Collectors Club members, PCGS, PSA and PSE Set RegistrySM participants, PCGS CoinFacts members, PSA and PCGS Authorized Dealers and children ages 7 and younger.

Visit www.LongBeachExpo.com for more information.