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Lot
3468

1873 10C Arrows Doubled Die Obverse VF35 PCGS. Greer-101, Fortin-103, FS-2101....

2010 July Orlando, FL (Summer FUN) Signature US Coin Auction #1142

 
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Auction Ended On: Jul 8, 2010
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:

Extremely Rare 1873 Doubled Die Obverse Dime
VF35, Greer-101, Fortin-103, FS-2101
1873 10C Arrows Doubled Die Obverse VF35 PCGS. Greer-101, Fortin-103, FS-2101. The 1873 Doubled Die Obverse Seated dime is an incredibly rare variety, with just seven PCGS certified examples known in all grades. They include a VG, two Fines, three VFs including the present piece, and an AU55 that is illustrated at www.seateddimevarieties.com. NGC has only certified three examples, a VG, a Fine, and an MS61.
This is the first appearance of the variety in any Heritage auction dating back to 1993. Further searching fails to locate any auction offering of this variety since the late Kam Ahwash discovered it before 1981. Gerry Fortin suggests the variety is R.6, although we believe R.7 might be more accurate. Before its Guide Book listing, Brian Greer reported the variety as Greer-101 in 1992, saying less than 10 examples were known.
Nothing has changed in the last 18 years. In the fourth edition of the Cherrypicker's Guide, Bill Fivaz and J.T. Stanton write: "Although well known for decades, very few specimens have been reported."
The variety has been listed in the Guide Book since 1994, and its XF value of $1,000 has never changed since then. In our opinion, the present piece would be the deal of the century at the XF Guide Book price! The present offering of this variety in an unreserved public auction should help assess its true value. Although its surfaces are somewhat blemished, both sides have pleasing gray and gold patina. The doubling of the shield is extremely sharp and visible to the naked eye. (PCGS# 94665)

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