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Description

1807 Draped Bust Dime, MS66, JR-1
Condition Census Example and Curved Clip

1807 10C -- Curved Clipped Planchet -- MS66 PCGS. CAC. JR-1, R.2. An amazing Draped Bust dime, struck on a planchet with a curved clip, sporting frosty silver luster, ivory surfaces, and remarkable iridescent toning. The flan clip is at about 2 o'clock, outside of stars 9 and 10. The central and right obverse and reverse are solidly defined, but the uneven pressure from the incomplete planchet has allowed for weakness at the left side of the obverse and reverse. Struck from a late die state of the JR-1 obverse die, with heavy clash marks and die bulges; this obverse die is distinguished by the date, which has the 1 nearly touching Liberty's lowest curl and the 7 in the date distant from the bust. Similarly, the reverse die is in a later state, affected by the deterioration of the obverse and showing peripheral softness as a result.
The high overall mintage and above-average survival rate for the 1807 issue makes the date a favorite for type collectors seeking a Draped Bust dime; it also complicates efforts to create a Condition Census for the die pair, since there are significant numbers of high-end examples. It seems plain, however, that this carefully preserved curved-clip piece is among the highest-quality survivors, and the certified population data bear this out. Population: 2 in 66, 0 finer (6/12).
Ex: Victor Kramer Collection; Goldberg Coins (5/2006), lot 1692; Stuart Levine; Ed Price; The Ed Price Collection (Heritage, 7/2008), lot 1449; Central States Signature (Heritage, 4-5/2009), lot 2224, where it sold for $25,300.(Registry values: P5) (NGC ID# 236T, PCGS# 4480)

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Auction Dates
August, 2012
2nd-5th
Internet/Mail/Phone Bidders: 3
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