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2213

1798/97 10C 13 Stars on Reverse MS62 PCGS....

2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124

 
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Auction Ended On: Apr 30, 2009
Item Activity: 6 Internet/mail/phone bidders
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Location:

Duke Energy Center
525 Elm Street
Cincinnati, OH 45202

Description:
Wonderful 1798/7 JR-2 Dime Rarity, MS62
Second Finest Known
1798/97 10C 13 Stars on Reverse MS62 PCGS. JR-2, R.6. The two 1798/7 overdate dime varieties are from a single obverse that has a clearly visible overdate feature that can be easily seen without magnification. The obverse has extremely heavy clash marks.
This is the rarest variety of the year, and the present example is solidly in the Condition Census, perhaps second finest known behind the Ed Price coin. One of the interesting features on the reverse of this variety is the distinctive star pattern. There are five stars in the top row, five in the middle row, one on each side of the eagle's head, and a central star above the head that does not appear to belong in either of the two rows.
The Ed Price Collection coin that is certified MS63, the present MS62, and the Lovejoy-Logan AU58 coin that is plated in the JR dime book are the three finest that we know of, although the current NGC and PCGS population data suggest that one or two other similar quality pieces may exist. The combined population includes the following: MS63, MS62 (4), MS61, AU58 (2), AU55, AU53, AU50, and a few lower grade coins. A comprehensive roster should be developed to answer the question of resubmissions. The 11 certification submissions in AU or better probably include just five or six coins.
The surfaces have a muted silver-gray patina overall with deeper olive-green and russet color surrounding the devices and peripheries. A bit softly struck in the centers with a few grade consistent abrasions. An excellent opportunity for the early dime collector who missed the Price coin that we offered last summer.
From The Joseph C. Thomas Collection.(Registry values: P6) (NGC ID# 236G, PCGS# 4469)

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