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1837 10C No Stars, Large Date, F-101, R.7, PR66 NGC....
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Sold on Jan 5, 2017 for:
$39,950.00
Bid Source: HA.com/Live bidder
Description
1837 No Stars Seated Liberty Dime, PR66
Sought-After Two-Year Type Issue
Only One Finer Certified
1837 10C No Stars, Large Date, F-101, R.7, PR66 NGC. Chief
Engraver William Kneass suffered a stroke before he could finalize
the design for the Seated Liberty motif, which replaced the Capped
Bust design on U.S. silver coinage in the late 1830s. The talented
Christian Gobrecht took over the project and completed the design,
based on earlier contributions from Kneass, Thomas Sully, and
Titian Peale. The Seated Liberty obverse design appeared first on
the famous Gobrecht dollars in 1836, followed by the dime and half
dime in 1837, the quarter in 1838, and finally, the half dollar in
1839. Gobrecht's initial obverse design was a masterpiece of
simplistic beauty, with no stars around the border, giving the coin
an uncluttered, medallic look that creates intense aesthetic
appeal. Thanks to its simplicity, the entire design could be
engraved into the hub, leaving only the date logotype to be punched
in by hand. Among dime issue, the No Stars obverse was used only on
the 1837 and 1838-O emissions. Accordingly, the No Stars obverse is
always in demand as an important two-year type issue.Walter Breen notes 30 proof Seated Liberty dimes were struck on June 30, 1837, to serve as presentation pieces to demonstrate the new design to Treasury officials and other VIPs. The proofs show a diagnostic small tine of metal from the dentils above the first T in STATES and a diagonal die scratch through (STAT)ES and O(F). The No Stars design was a favorite of early numismatists, and the proofs apparently started appearing at auction at least as early as lot 162 of the J.N.T. Levick Collection (Edward Cogan, 12/1859), "1837 Dime, no stars, fine proof." The lot realized $.75, a strong price at the time. More recent records include the $97,750 brought by the PR67 NGC example in the Pre-Long Beach Auction (Ira and Larry Goldberg, 9/2007).
The coin offered here is a delightful Premium Gem with sharply detailed design elements and reflective fields, under medium-intensity shades of jade-gold and cobalt-blue toning. The surfaces are impeccably preserved and eye appeal is outstanding. The 1837 No Stars Seated Liberty dime is extremely rare at the PR66 grade level, and only one coin has been certified finer at either of the leading grading services. Census: 1 in 66, 1 finer (11/16).
Coin Index Numbers: (Variety PCGS# 538978, Base PCGS# 4718)
Weight: 2.67 grams
Metal: 90% Silver, 10% Copper
Auction Info
2017 January 4 - 9 FUN US Coins Signature Auction - Fort Lauderdale #1251 (go to Auction Home page)
Auction Dates
January, 2017
4th-9th
Wednesday-Monday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 1,028
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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