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Lot
30232

1803 10C AU58 NGC. JR-3, R.4....

2014 June 23 The Eugene H. Gardner Collection of US Coins Signature Auction - New York #1213

 
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Auction Ended On: Jun 23, 2014
Item Activity: 5 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:
1803 Heraldic Eagle Dime, AU58
JR-3, Seldom Seen Finer
1803 10C AU58 NGC. JR-3, R.4. Rich aqua, violet, and honey-gold shades cover both sides of this high-grade early dime. The underlying luster remains intact, although somewhat hidden beneath the pervasive toning. Several small marks are seen under the color in the obverse fields. The B in LIBERTY is weak, perhaps diagnostic of an early strike, when there may have been grease in the die as suggested by the JR reference.

Variety: JR-3, R.4. The 03 is close in the date, and the 3 tilts left. The reverse displays narrow A's, and the leaf tip just misses the bottom-right serif of I in AMERICA.

Population Data (4/14): NGC reports three examples in AU58, and three pieces finer. PCGS has seen just four pieces in AU58, with one finer example.

Heritage Commentary: An underrated date in near-Mint or finer condition (as confirmed by the population reports) despite a reported mintage of 33,040 pieces. It is believed much of this mintage comprised 1802-dated coins. The issue is seldom seen any finer, with PCGS and NGC combined aware of just four Mint State examples.

Provenance: Palm Beach Signature (Heritage, 11/2004), Lot 6179.(Registry values: P7) (NGC ID# 236L, PCGS# 4473)

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