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Lot
1568

1859 P10C Ten Cents, Judd-233, Pollock-280, Low R.7, PR67 NGC....

2009 January Orlando, FL FUN Auction #1121

 
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Auction Ended On: Jan 7, 2009
Item Activity: 7 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
1859 Transitional Dime Pattern, PR67
Judd-233, Low R.7
The Pollock Plate Coin
1859 P10C Ten Cents, Judd-233, Pollock-280, Low R.7, PR67 NGC.
Design.
A transitional pattern produced with a regular-issue dime obverse die and a conceptual reverse die. A seated Liberty holds a pole and cap in her left hand while a shield with a ribbon inscribed with the word LIBERTY rests against her. Thirteen stars encircle the obverse periphery, with the date in exergue. ONE DIME is within an ornate wreath of corn, wheat, maple, and oak on the reverse. Struck in silver with a reeded edge.

Commentary.
Often referred to as the "stateless issue," in that the design lacks any reference to the country of origin. Mint Director Snowden was a proponent of Longacre's "cereal wreath" reverse motif, which was ultimately adopted for regular-issue half dimes and ten cent pieces in 1860. Obviously the new reverse die(s) were sunk before the obverse dies were modified with our nation's identity replacing the 13 stars at the periphery--and a transitional pattern was born. Actually, the term "pattern" applied to this issue is debatable. The USPatterns.com website labels these items as "fantasy pieces," while others prefer the use of "pattern" when describing the issue. In the end, Judd-233 is best described as a transitional piece.

Although equally as rare, these transitional curiosities are valued substantially higher than many other patterns of the era due to their inclusion in mainstream price guides, such as the Guide Book. It is a simple matter of supply and demand; there are more included in collectors' want lists than there are examples available for purchase.

Physical Description.
A distinct toning area near stars 11 through 13 on the obverse confirms this piece as the plate coin in Andrew Pollock's 1994 pattern treatise. Teal coloration dominates otherwise steel-gray surfaces on both sides of this Superb Gem proof. The strike is sharp and evenly distributed. The eye appeal of the current offering is spectacular. Aggressive bidding is sure to ensue. NGC Census: 1 in PR67, 1 finer as a PR67 Cameo. PCGS Population: None has been graded higher than PR66 (12/08).

Provenance.
Ex: Stack's private treaty transaction (12/1990).
From The Lemus Collection, Queller Family Collection Part Two. (PCGS# 11956)

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