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1859 10C Transitional PR65 NGC. Under the directorship of James Ross Snowden the Mint was able to greatly expand The Mint C...

2006 March Palm Beach, FL Signature Auction #412

 
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Auction Ended On: Mar 2, 2006
Item Activity: 5 Internet/mail/phone bidders
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Location: Palm Beach, FL
Description:
1859 Transitional Dime, PR65 Cameo NGC
1859 10C Transitional PR65 NGC. Under the directorship of James Ross Snowden the Mint was able to greatly expand The Mint Collection of rare coins (now in the Smithsonian). However, in order to obtain these rarities Snowden produced a number of unusual pieces, sometimes known as "trade bait." The transitional 1859 dimes and 1860 half dimes are such coins. The dimes were produced at a time when new hubs were being prepared for the Legend Obverse design that started in 1860. He married an old With Stars obverse with the new "Cereal Wreath" reverse. An oddity for certain, these coins make no mention of the United States, and have from time to time been called "The Coin Without a Country." These coins have traditionally been listed in pattern references; this issue is listed as a Judd-233. Allegedly only 12 pieces were struck, all proofs. This example is absolutely white on each side. The fields are deeply reflective with heavy die striations on each side, and there is a noticeable amount of mint frost over the devices. Undoubtedly, one of the finest examples known of this curious issue.(Registry values: N2998) (NGC ID# 23CH, PCGS# 4749)

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