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Lot
4176

1804 10C 13 Stars on Reverse -- Scratched -- ANACS. AU55 Details. JR-1, R.5....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 25, 2013
Item Activity: 5 Internet/mail/phone bidders Number of Bidders
1,088 page views
Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
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The Allen F. Lovejoy 1804 13 Stars Reverse Dime
JR-1, R.5, AU55 Sharpness, Unknown in Mint State
1804 10C 13 Stars on Reverse -- Scratched -- ANACS. AU55 Details. JR-1, R.5. Ex: Lovejoy. This is the ex: Allen F. Lovejoy coin, depicted as the JR dime book plate coin for the 1804 13 Stars Reverse variety.
Even in a standout event such as the present Heritage Platinum Night session, there are some coins that make a particularly memorable experience for the cataloger (and potential bidders), and this is one such piece. Pete Smith writes in American Numismatic Biographies:

"Lovejoy, Allen F(raser) Co-author (b. 10/9/1919 d. 5/8/97)

Born in Janesville, Wisconsin. Received B.A. from Yale University in 1941 and LL.B. in 1948. Married to Betty Foote December 20, 1944. ...

"Served as Secretary of John Reich Collector's Society 1984 to 1989. Life fellow of the ANS, Councillor after 1988, First Vice President after 1990.

"Co-author with Davis et al. of Early United States Dimes 1796-1837 in 1984. He has contributed articles to numismatic publications include a paper to the 1986.

"He consigned a collection of half dimes sold at auction by Stack's October 20, 1982. The Allen F. Lovejoy Reference Collection of United States Dimes was sold at auction by Stack's October 16, 1990. The sale justified the production of a catalog just for this collection. The 649 lots included a complete run of early dime varieties 1796 to 1837. Later dates included an 1894-S Barber Dime described as Proof-62.

He died in Connecticut."



This coin, in addition to its many intrinsic merits, would make a marvelous accompaniment to the remarkable 1804 14 Stars dime graded MS63 NGC in this sale, likely the finest known. Only two varieties exist for the 1804 dimes, which share the same obverse and differ only in their reverses. The dime and quarter eagle dies were interchangeable during this difficult early Mint era. Good dies were at a premium, and their utility for two denominations was a masterstroke of efficiency.

The "et al." referred to above also include David J. Davis, Russell J. Logan, John W. McCloskey, and William L. Subjack. Their reference work features only black-and-white photographs, but this coin is nonetheless instantly recognizable. Two parallel scratches, the lower more obvious, run from stars 9 and 10 diagonally across Liberty's face. The lower scratch runs from the corner of the lip to below the ear and onward to star 2, clear in the JR book photo. Three grayish toning spots appear in the left obverse field, behind the hair ribbon, below star 7 and below L. Nonetheless: This coin has a wealth of remaining detail for this conditionally rare variety. As we noted in the 1804 14 Stars Reverse dime in this sale, the only Mint State example we know of the 13 Stars Reverse dime is a Choice example held by France's national library.

The surfaces of this piece are mostly untoned silver-gray with pinkish accents near the rims. Die rust appears near star 1 and below the throat. Strike unevenness makes the obverse denticles strongest from 9 o'clock to 3 o'clock, and conversely weaker to nonexistent.

On the reverse, star 4 is absent; stars 5, 6, and 10 are weakly struck. A touch of sky-blue patina hugs the rim at AME. The eagle and peripheral legends are fairly well-struck, and the dentilation shows an imbalance similar to the obverse. Interest in this coin from series specialists should be intense.
Ex: Lorin G. Parmelee Collection (New York Coin & Stamp, 6/1890), lot 819; Howard R. Newcomb Collection (J.C. Morgenthau, 2/1945), lot 1023; Harold Bareford Collection (Stack's, 10/1981), lot 149; Allen F. Lovejoy Collection (Stack's, 10/1990), lot 26.(Registry values: P8) (NGC ID# 236M, PCGS# 4474)

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