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    Description

    1822 Capped Bust Dime, MS64 Prooflike
    The Only Certified Prooflike Example

    1822 10C MS64 Prooflike NGC. JR-1, R.4. As the multiple authors of Early United States Dimes 1796-1837 (more commonly known as "the John Reich book" or "JR") report, the 1822 dime is the last single-variety year in the Capped Bust dime series, and one of its key dates. It does not seem to be an oversimplification to state that the longer one collects (and the more money one presumably has to spend on collecting in one's later years), the earlier series in U.S. numismatics grow increasingly appealing. Nothing against Morgan dollars, Lincoln cents, or any other collecting area, but the earlier coins certainly have an individuality and cachet that later series lack, at least to the same degree.
    The John Reich authors mention a hoard dispersed by Paramount International in the 1970s that comprised 17 coins, the best an XF40. They further state, however, that despite its scarcity, the issue has at least 10 Mint State examples. Examination of the combined NGC/PCGS population data reveals 18 Mint State pieces, less whatever allowance for duplicates one chooses. At NGC (or PCGS) this is the sole piece certified Prooflike, and NGC has certified one other MS64 (non-Prooflike) piece along with one each in MS65 and MS66. PCGS has certified only a single MS66 as numerically finer (6/08).
    Although Walter Breen reported an 1822 with perfect digit 1 in the denomination, the JR authors say that all pieces seen have a defective upper serif. Obviously, the most compelling feature of this coin is its prooflike fields. And they are deeply reflective. This piece, however, should not be confused with the three proofs that are believed known. There is a slight presence of mint frost surrounding the devices on each side. The devices are sharply struck with considerable luster that gives the piece pronounced field-to-device contrast. Almost brilliant, each side shows just a hint of light golden patina that deepens slightly around the margins.
    Despite the existence of numerous Mint State examples, this is a rare date in any grade above VG or so, and most examples tend to stay in collectors' hands for a long, long time. Acquisition of this splendid piece may, in hindsight, prove remarkably astute.(Registry values: N7079) (NGC ID# 236Z, PCGS# 4497)

    Weight: 2.70 grams

    Metal: 89.24% Silver, 10.76% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    Jul-Aug, 2008
    30th-3rd Wednesday-Sunday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 1,163

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