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Lot
3465

1796 10C MS64 NGC. JR-2, R.4....

2011 October 13-16 US Coins Signature Auction- Pittsburgh #1160

 
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Auction Ended On: Oct 13, 2011
Item Activity: 9 Internet/mail/phone bidders
1,203 page views
Location: David L. Lawrence Convention Center
1000 Ft. Duquesne Blvd.
Pittsburgh, PA 15222

Description:
Near-Gem JR-2 1796 Dime
The Ed Price Specimen
1796 10C MS64 NGC. JR-2, R.4. The dies of the JR-2 were only used for this single die marriage, although there is no apparent reason that they were taken out of service. From January to May 1796, the Mint coined 22,135 dimes, the total production for the year. Some students of the series believe that the actual mintage of dimes dated 1796 included the first two deliveries of 1797, increasing the mintage to 32,379 coins.
The JR-2 is easily identified by the trained observer, with the obverse noted by star 15 appearing to touch the drapery and the reverse by the left branch showing an inside berry between the ribbon bow and first leaf pair. On the JR-2 die marriage, the borders are well struck, while the centers and the eagle's head are typically defined. This example was struck from an intermediate state (b/b) with light clash marks on each side, but no evidence of the obverse rim crumbling encountered in later states. More extensive description of the die state and characteristics can be found in the specialized description given to it for its appearance in the Ed Price Collection, as described below.
Rich golden-brown and gunmetal-blue patina embraces this carefully preserved and remarkable example that is easily Condition Census-grade. A minor handling mark in the field below the eagle's beak will identify this piece to future collectors.
Ex: Heritage (11/2004), lot 6175, as MS63 PCGS; Stuart Levine; The Ed Price Collection (Heritage, 7/2008), lot 1409.
From The Christmas Lake Collection.(Registry values: P7) (NGC ID# 236B, PCGS# 4461)

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