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Description

Second Finest Known 1801 JR-1 Dime, MS63
Ex: Atwater, Lovejoy, Price Collections

1801 10C MS63 NGC. Ex: Ed Price Collection. JR-1, R.4. The date is closely spaced with both 1's separated from the device. Stars 1 and 7 are equally distant from the curl and L, star 8 is very close to the Y, and star 13 is close to the drapery. All stars are widely spaced with none touching. LIB are closely spaced with BERTY widely spaced. The R was first entered too low, and corrected. A vertical spine from the curl tip nearly reaches the left base of the E. Star 12 is solidly joined to the eagle's beak, diagnostic. AME are joined with all other letters separated. Stars 1 through 4 and star 6 all touch the clouds; star 5 just misses. A leaf tip touches the right base of I, and another is below the space between C and A. The outer arrow tip is below the right curve of U. Considerable die rust exists on both sides. Dotted lines of die rust in the lower right obverse field are characteristic of the variety. While the obverse die rust is primarily limited to the fields, the reverse die rust encroaches upon the devices. The 1801 dimes were coined from two obverse dies and one reverse die. While the reverse of JR-1 has extensive die rust, it is less advanced than found on JR-2. They are part of the interconnected group of dime and quarter eagle varieties struck from 1798 to 1801.
Although listed as finest seen in the dime book, Ed Price said he had seen one that is finer, so we call this the second finest known. This is a stunning Mint State example with satiny silver luster on the obverse and reverse, enhanced by considerable rose toning on both sides. As usual, the central obverse and reverse are weak, with most other details sharp. Only the stars at the right obverse are flat. A few trivial hairlines and other microscopic blemishes are of little concern.
Possibly from DeWitt Smith and H.O. Granberg; William Cutler Atwater (B. Max Mehl, 6/1946), lot 893; Lester Merkin (4/1966), lot 93; Stack's (6/1980), lot 293; Lovejoy Collection (Stack's, 10/1990), lot 16; Numisma '95 (RARCOA and David Akers, 11/1995), lot 2014; Jim O'Donnell (4/1998); Ed Price Collection (Heritage, 7/2008), lot 1424, which realized $46,000. Also the plate coin in the JR reference as well as illustrated in the Bolen, Lovejoy, and Merkin (4/1966)catalogs.(Registry values: P7)

Coin Index Numbers: (NGC ID# 236J, PCGS# 4471, GSID# 3963)

Metal: 89.24% Silver, 10.76% Copper
Weight: 2.70 grams
ASW: 0.07747oz
Mintage: 34,640


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Auction Info

Auction Dates
Apr-May, 2009
29th-3rd Wednesday-Sunday
Bids + Registered Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 966

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on Apr 30, 2009 for: $29,900.00
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