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Description

Important 1801 Half Dime, V-1, LM-2, MS61
The John Jay Pittman Specimen

1801 H10C MS61 NGC. V-1, LM-2, R.4. Understating the importance and rarity of this Mint State specimen would be easy. After all, the variety is only rated as Rarity-4, meaning that as many as 200 examples might still exist. However, nearly all are well worn, typically just Fine or VF at best. The Pittman specimen is counted among just four Mint State examples of this date that have been offered at auction over the last decade.

1. MS67 NGC.
Abe Kosoff (2/1959), lot 202; Stack's (11/1989), lot 366; Bowers and Merena (8/1998), lot 88.

2. MS63 NGC.
The Logan-McCloskey plate coin. Allenburger Collection (B. Max Mehl, 3/1948), lot 489; Harold Bareford (Stack's, 10/1981), lot 35; Auction '82 (Stack's, 8/1982), lot 69; Heritage (8/1995), lot 5112; Ed Price Collection; Superior (5/2004), lot 1232.

3. MS61 NGC.
The present example from the Pittman Collection per the pedigree below.

4. MS60 PCGS.
Heritage (9/2004), lot 6072.

In addition to these pieces, a few others have been certified by NGC and PCGS. The entire Mint State population includes the four pieces listed above, and six others: MS66 PCGS, MS64 PCGS, MS62 PCGS (3), and MS61 NGC. Resubmissions undoubtedly account for some of these additional pieces.
Although a blunt strike gives the impression of wear, full luster on both sides tells of a strictly Mint State example. Pleasing medium gray surfaces have intermingled blue and gold accents on each side. Slight doubling is evident on the obverse, and faint clash marks are visible on both sides of this early die state piece.
Ex: Milton Holmes (Stack's, 10/1960), lot 2583; John Jay Pittman (David Akers, 10/1997), lot 427; Ed Price Collection; American Numismatic Rarities (8/2004), lot 274.
From The Joseph C. Thomas Collection.
(Registry values: P7) (NGC ID# 2327, PCGS# 4267)

View all of [The Joseph C. Thomas Collection, Part Two ]

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Auction Dates
Apr-May, 2009
28th-3rd
Internet/Mail/Phone Bidders: 8
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