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Lot
4167

1863 10C Ten Cents, Judd-327, Pollock-397, High R.6, PR62 NGC. The obverse depicts a Union shield pierced by two arrows, a ...

2007 Long Beach, CA Signature Coin Auction #430

 
Sold for: Not Sold
Auction Ended On: Feb 16, 2007
Item Activity: 3 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Ten Cent Postage Currency Pattern in Aluminum, Judd-327
1863 10C Ten Cents, Judd-327, Pollock-397, High R.6, PR62 NGC. The obverse depicts a Union shield pierced by two arrows, a simple wreath rests above. The remainder of the design consists of token-like legends: EXCHANGED FOR U.S. NOTES on the obverse, POSTAL CURRENCY ACT JULY 1862 and 10 CENTS 1863 on the reverse. Struck in aluminum with a plain edge. This pattern represents an early attempt to replace fractional currency pieces in circulation. Eventually, the two cent piece, three cent nickel, and Shield nickel were introduced for this purpose. The brilliant surfaces are lightly hairlined and there are several peripheral die cracks around the obverse. An important and historic pattern issue. (PCGS# 60486)

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