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Lot
3099

1807 10C MS65 PCGS. CAC. JR-1, R.2....

2013 July 11 - 14 US Coins Signature Auction - Orlando #1187

 
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Auction Ended On: Jul 11, 2013
Item Activity: 8 Internet/mail/phone bidders
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Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:

1807 JR-1 Dime, MS65
Unabraded and Attractively Toned
1807 10C MS65 PCGS. CAC. JR-1, R.2. Though the Guide Book reports an 1807 mintage of 165,000 pieces, only a single die variety is known. Production of dimes was limited to the 1807 between 1806 and 1808 since silver bullion depositors at the Mint preferred the convenience of larger denominations. The mintage of 1807 half dollars surpassed 1,000,000 pieces. It is likely that 1807 dimes were infrequently seen relative to worn-out or cut-down Spanish colonial silver, which remained legal tender until 1857.

1807 was the final date of the Draped Bust type. John Reich, a German immigrant and former indentured servant known to President Jefferson, was named Assistant Engraver on April 1, 1807. He set to work redesigning all denominations. The half eagle and half dollar came first while the dime waited until 1809 for Reich's Bust Left motif.

Many better grade 1807 examples display bold clash marks on the right reverse field, but clashes on the present coin are less extensive. There is a double "beard" clash beneath Liberty's jaw and a "lump" clash above the upper cleavage. A faint clash from the horizontal shield lines rests beneath Liberty's ear, and minor clashes are evident on the reverse near the shield tips and banner.

Most collectors will pay greater attention to the splendidly mark-free surfaces, which are richly patinated in intermingled tobacco-brown and gunmetal-blue shades. The reverse border exhibits blushes of forest-green. The major devices are well struck, though UNITED and the left-side obverse stars show weakness. Coruscating luster further confirms the remarkable quality. Population: 6 in 65, 2 finer (6/13).(Registry values: P5) (NGC ID# 236T, PCGS# 4480)

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