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1801 10C Double Struck Reverse AG3 PCGS. CAC....
Lot: 1425,
Auction: 2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114
Bid Information
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BP - Buyer's Premium
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This indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.
| Sold for: |
$2,185.00
(includes BP
 )
Bid Source: Live: Floor |
| Ended: | Jul 30, 2008 |
| Item Activity: |
6 Internet/mail bidders
1,417 page views |
Description:
Double Struck 1801 JR-1 Dime
1801 10C Double Struck Reverse AG3 PCGS. CAC. JR-1, R.4. Medium gray surfaces with a full date, completely outlined bust, and partial star detail on the obverse. The reverse shows the upper part of the eagle, the complete constellation and cloud group, and ITED STATES OF from the legend.The double strike is amazing. The two strikes were rotated about 180 degrees, so examination of the reverse in the inverted position helps to bring out the first strike. Look especially at the junction of the horizontal and vertical shield stripes to see the eagle's head, then notice the second ribbon, the arrow feathers on the clouds, and the left wing with the letters D and S. Tops of several clouds are also visible, along with other details.
Die State. Probably the usual rusted die state, typical of the variety.
Appearances. Plated in the 1993 Superior catalog.
Obverse Die. 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.
State a. Perfect die, may not exist. State b. Severely rusted die. State c. Lapped die, probably doesn't exist on JR-1.
Reverse Die. 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.
State a. Perfect die with a spine up to the right from the right corner of the shield. State b. Minor die rust.
Heritage Commentary. Given the low mintage and the rarity of 1801 dimes in general, the opportunity to bid on a dramatic error such as this double strike will probably not take place again anytime soon. We are unaware of any surveys of early silver error coins, although we suspect such a project would yield quite a short list.
Consignor Commentary. I distinctly remember bidding on this coin. The error is so clear and so unusual that I had no idea what it was worth-but I was willing to pay a lot. After the bidding reached about $700 there was just one other bidder, a dealer that I did not recognize. We went back and forth in $50 increments until he finally dropped out when I reached $1,550. The price seemed a little high, but it was worth it just to be able to look at the coin over and over again. Much later, I found out that the dealer was an agent for Russ Logan. We joked that it was fortunate that he was not there in person, or it might have gone for more.
Provenance. Jim Matthews Collection (Superior, 1/1993), lot 270.
From The Ed Price Collection.(Registry values: P7) (#4471)
View Entire Collection
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Shipping Description: Coins & Currency (view shipping information)
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(Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)This lot is in: Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 1-3497)
Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 1108, Lot 7851 | Monday, June 2, 2008 | 3 | ANACS | $431.25 |
| Auction 319, Lot 666 | Monday, May 5, 2003 | 3 | ANACS | $270.25 |
| Auction 315, Lot 429 | Monday, March 3, 2003 | 3 | ANACS | $289.80 |
| Auction 157, Lot 6767 | Saturday, June 1, 1996 | 3 | ANACS | $165.00 |
| 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.
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BP - Buyer's Premium
A "Buyer's Premium" is charged in addition to the successful bid according to the rate defined in our terms and conditions.Price Guide*
| Grade | Coin World (Coin Values) |
Numismedia Retail |
Numismedia Wholesale |
Numismedia NGC (nmn) |
Numismedia PCGS (nmp) |
PCGS Price Guide |
||
|---|---|---|---|---|---|---|---|---|
| 2 | --- | $232 | $194 | $176 | $176 | --- | ||
| 3 | --- | $403 | $336 | $306 | $306 | --- | ||
| 4 | $1,500 | $660 | $550 | $500 | $500 | $650 | ||
| *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 | 3 | 2* | 47* | 49 | 34,640 | Robert Scot |
| NGC | 3 | 3 | 25 | 30 | ||
| *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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