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1802 10C AU55 NGC....

Lot: 1431, Auction: 2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114

Sold for: $24,150.00 (includes BP )
Bid Source: Live: Floor
Ended: Jul 30, 2008
Item Activity: 7 Internet/mail bidders
1,178 page views

Description:

Late Die State 1802 JR-2 Dime, AU55

1802 10C AU55 NGC. JR-2, R.5. A boldly detailed example of the scarce 1802 JR-2 die combination, in this instance with bold central and peripheral details. The surfaces have virtually complete satin luster beneath splendid gold and blue toning. A few tiny ticks are evident on each side, related to limited circulation. A tiny rim nick above the L in LIBERTY identifies this as the Lovejoy specimen.

Die State.
Faint clash marks appear above and below the bust. The right side of the reverse is shattered with more than 10 individual die cracks, one ending at the border just below the right wing tip forming a small triangular rim break.

Condition Census.
Probably the second or third finest known 1802 JR-2 dime, behind the lone Mint State piece in the previous lot. In the dime book, this specimen was called the finest known late die state piece, a position it still holds today.

Appearances.
Plated in the Lovejoy catalog.

Obverse Die.
Tip of the hair curl is under the center of the B. Star 1 is distant from the hair curl, star 13 is closer to the drapery, and stars 7 and 8 are each very close to the L and Y. The 1 is close to the lower curl, and the 2 is about centered between the bust and border. The stars are all separated with star pairs 2-3 and 5-6 closer than the others. LIBERTY is evenly spaced with all letters separated and the L slightly low.
State a. Perfect. State b. Faint clash marks at the throat and a die line at upper right. The clash marks may only appear with reverse State e, described below. State c. The die line is weak, probably due to die lapping.

Reverse Die.
Space between clouds is below right side of E, diagnostic. Star 2 is recut with eight points. Star 12 enters the eagle's mouth but touches neither beak. Its lower point joins the scroll above the center of U. Star 13 is far above the scroll and points to the left side of U. AME are extremely close with all other letters widely spaced.

Reverse die states.
See our enumeration at the previous lot.

Heritage Commentary.
The Stack's catalog of the Lovejoy Collection identifies this as the same coin that earlier appeared in their sale of the R.L. Miles Collection, held in April 1969. However, the plate of lot 603 in that catalog fails to match the physical coin or the plate of this coin in the Lovejoy catalog.

Consignor Commentary.
This is easily in the Condition Census, probably second or third finest known. I have owned two other nice AU examples, but always preferred this one.

Provenance.
Shoreham Enterprises, Ltd. (privately, 11/1983); Allen F. Lovejoy (Stack's, 10/1990), lot 19; Stack's (5/1997), lot 470.
From The Ed Price Collection.
(Registry values: P7) (#4472)

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Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 454, Lot 2751 Saturday, January 12, 2008 55 NGC $16,100.00
Auction 454, Lot 2750 Saturday, January 12, 2008 55 NGC $16,500.00
Auction 1116, Lot 1631 Sunday, September 21, 2008 55 PCGS $20,700.00
Auction 446, Lot 922 Friday, September 28, 2007 55 ANACS $6,900.00
Auction 408, Lot 1007 Saturday, June 3, 2006 55 NGC $20,987.50
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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
53 --- $15,630 $12,500 $11,500 $11,500 $20,000
55 $25,000 $23,560 $18,850 $17,250 $17,500 $22,500
58 --- $31,880 $25,500 $23,500 $23,500 $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 55 4* 8* 51 10,975 Robert Scot
NGC 55 4 6 34
*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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