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Lot
33313

1796 10C MS66+ NGC. CAC. JR-1, R.1....

2013 November 15 - 16 Selections from the Eric P. Newman Collection Part II Signature Auction - New York #1190

 
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Auction Ended On: Nov 15, 2013
Item Activity: 8 Internet/mail/phone bidders
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Location: Ukrainian Institute of America at The Fletcher-Sinclair Mansion
2 East 79th Street
New York, NY 10075

Description:
1796 JR-1 Dime, MS66+
Usual Die State
Condition Census Specimen
1796 10C MS66+ NGC. CAC. JR-1, R.1. Ex: "Col." E.H.R. Green. There are seven different die varieties known for the first year of issue dimes and six of the seven varieties are known in Mint State grades. The JR-1 die marriage is listed first in the standard reference, although its order of striking is unknown.

The Eric P. Newman specimen is a sensational example with eye appeal that is second to none, exhibiting gorgeous olive-gray patina on the devices with vivid orange, violet, and steel toning nearer the borders. Heavy clash marks are noted in the fields of this piece that is the same die state as the MS64 Ed Price coin that we sold five years ago. The Newman specimen ranks high in the condition census. NGC has chosen the Newman coin to illustrate the 1796 dime on their NGC Coin Explorer website.

Nearly all known examples of JR-1 have a heavy rim break that partially covers star 1. A small number of pieces are known from a perfect obverse die, and those are invariably in low grades. Most survivors are middle die state pieces with the rim break covering two points of star 1, and with moderate clash marks in the obverse fields. The rim break remains constant in later die states as the clash marks become stronger. Census: 9 in 66 (1 in 66+), 2 finer (10/13).
Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $30.00; Eric P. Newman Numismatic Education Society.(Registry values: P7) (NGC ID# 236B, PCGS# 4461)
Items being sold are from the extensive collection of Eric P. Newman Numismatic Education Society (a Missouri not-for-profit corporation) and have been assembled over a period of 90 years. Proceeds of the sale of all items will be used exclusively for supplementing the Society’s museum operations and scholarly numismatic research efforts and for the benefit of other not-for-profit institutions selected by Eric P. Newman Numismatic Education Society for public purposes.

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