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1800 10C AU58 PCGS. CAC....

Lot: 1421, Auction: 2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114

Sold for: $32,200.00 (includes BP )
Bid Source: Live: Floor
Ended: Jul 30, 2008
Item Activity: 5 Internet/mail bidders
1,638 page views

Description:

Finest known 1800 JR-1 Dime, AU58

1800 10C AU58 PCGS. CAC. JR-1, R.4. Central obverse and reverse details are bold and exceptional, with minor peripheral weakness evident on the stars, drapery, and clouds. Both sides have brilliant, frosty silver luster with light to medium gold, rose, and blue toning over ivory surfaces.

Die State.
The obverse has a number of die rust chips and other defects, including a die dot between the 1 and 8, and rust marks just above the shoulder.

Condition Census.
Several nice AU examples exist, with the present piece at the top of the list. Our consignor considers this piece to be the only Mint State JR-1 dime in existence.

Appearances.
Plated in the 2002 Bowers and Merena catalog.

Obverse Die.
The date is wide with the 1 far from the curl, and the final 0 nearly joined to the drapery. Star 1 is smaller than the other stars, and is distant from the hair curls. Stars 7 and 13 are equally close to L and the drapery, and star 8 is quite close to the Y. LIBERTY is widely spaced with LI slightly closer than other letters, and TY slighter farther than other letters. B is slightly high.
State a. Perfect die, may not exist. State b. Extensive die rust is visible, including above Liberty's shoulder.

Reverse Die.
Star 12 is separated from the eagle's beak, diagnostic for the date. The reverse has 13 stars with six in the top row. Star 12 joins the scroll over the left top of the U, and nearly touches the lower beak. All letters in the legend are separated, with ME extremely close. The outside arrow ends under the right curve of the U in UNITED. A leaf is solidly joined to the right base of I.
State a. Always with the heavy break from the second feather to the border that developed on 1798 JR-4.

Heritage Commentary.
Struck immediately after 1798 JR-4 with the same reverse break that appears on late states of that variety. It is likely that the deliveries of March 25 and 26, 1800, consisted of both 1798 JR-4 dimes and 1800 JR-1 dimes.

Consignor Commentary.
This is the finest JR-1 I have seen, and I was surprised to see it graded AU58 as I believe it is Mint State. All other known Mint State 1800 dimes are from the JR-2 die combination. While there are other 1800 JR-1 dimes in AU58 holders, none are nearly as nice as this piece. The dime book states: "Probably not more than five are MS60 or better. Finest seen is MS60 in dealer's stock." I have never seen or heard of any Mint State pieces, and I doubt that any exist, other than the present example.

Provenance.
Bowers and Merena (9/2002), lot 191.
From The Ed Price Collection.
(Registry values: P6) (#4470)

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Shipping Description: Coins & Currency (view shipping information)

Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 432, Lot 439 Saturday, March 17, 2007 58 NGC $15,525.00
View prices realized from this item in other grades (you must be signed in)
PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
55 $15,000 $10,440 $8,350 $7,700 $7,750 $14,000
58 --- $16,880 $13,500 $12,250 $12,500 $20,000
60 $30,000 $25,000 $20,000 $18,250 $18,250 $25,000
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades Mintage Engraver
PCGS 58 5* 7* 66 21,760 Robert Scot
NGC 58 3 5 42
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auction Galleries.

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