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1796 10C MS66 NGC....
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Sold on Jan 10, 2008 for:
$74,750.00
Bid Source: Live: Floor bidder
Description
One of the Finest Known JR-1 1796 Dimes
A Fabulous MS66 Example
1796 10C MS66 NGC. JR-1, R.3. This stunning Gem is a
remarkable example of the most common 1796 dime variety, instantly
recognized by the prominent rim break or cud at star 1 on the
obverse. We are only aware of a single example of this variety that
does not have such a rim break.This example is one of the latest die states we have seen. The obverse has prominent clash marks in the field, all around the bust including the entire ribbon bow and stems above Liberty's head. A long thin line in front of Liberty's face was described in the JR dime book as a arc-like crack, but we believe this is actually a clash mark from the edge of the eagle's wing. There is a die crack visible across Liberty's throat to the shoulder. Considerable die lapping is evident on the obverse, with Liberty's forecurl completely detached, and the second lowest curl behind the shoulder consists merely of two curved lines isolated in the field. The reverse has several die cracks in addition to sharp clash marks.
This piece is one of several Mint State examples of this variety that are known, and it is probably the single finest of all such coins. The surfaces are highly lustrous with frosty silver color. Both sides are mostly ivory with gorgeous peripheral russet toning. It is sharply struck throughout, with the exception of slight weakness at the center on each side, typical of nearly all known pieces. The fields are not prooflike, as sometimes seen, but rather are satiny in appearance. Census: 8 in 66, 2 finer (12/07). The NGC Census encompasses all varieties of 1796 dimes, not just the JR-1 variety.
Ex: Essex Palm Collection (Heritage, 1/07), lot 857, which realized $92,000.
From The Madison Collection.(Registry values: P7)
Coin Index Numbers: (NGC ID# 236B, PCGS# 4461, Greysheet# 3957)
Weight: 2.70 grams
Metal: 89.24% Silver, 10.76% Copper
View all of [The Madison Collection ]
Auction Info
2008 January Orlando, FL (FUN) Signature Coin Auction #454 (go to Auction Home page)
Auction Dates
January, 2008
9th-12th
Wednesday-Saturday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 3,366
Buyer's Premium per Lot:
15% of the successful bid per lot.
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