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    Description

    1796 JR-1 Dime, MS64 Prooflike
    Dramatic Reflectivity and Contrast
    Popular First Year of Issue

    1796 10C JR-1, R.3, MS64 Prooflike NGC. The 1796 Draped Bust, Small Eagle dime represents the first regular issue for this denomination and is highly popular as such. This die marriage, JR-1, is the most often seen 1796 variety, likely comprising about half of the known coins of this issue and making it an ideal option for date or type collectors. Diagnostic markers include part of Liberty's hair curl left of the E in LIBERTY, two leaves below the A in STATES, and the leaf tip pointing to the right side of the O in OF.

    This piece is in a late die state. The obverse exhibits a crack across Liberty's shoulder to the neck, and a large cud partially covers star 1. That cud becomes more advanced in later states, eventually obscuring the entire star. The reverse shows several thin die cracks, the most prominent nearly bisecting the coin from the second E in STATES down toward the final A in AMERICA. A later die state shows further cracks.

    The fields are deeply prooflike, caused by heavy die polishing imparted in an attempt to efface heavy clash marks, the remnants of which are still plainly visible on both sides. The strike is well-centered and even, with strong central definition. Extensive adjustment marks, as well as the faint remnants of mint-made roller marks not fully eradicated by the die pressure, appear throughout the obverse. An impressively well-preserved example of this popular first-year issue, displaying many interesting and diagnostic striking anomalies with which the early Mint struggled. Although high-grade example of the 1796 dime can be found, this is one of only three awarded a Prooflike designation by NGC. Others include an MS64 Prooflike and an MS66 Prooflike (5/18).
    Ex: FUN Signature (Heritage, 1/2015), lot 4057. (NGC ID# 236B, Variety PCGS# 38742, Base PCGS# 4461)

    Weight: 2.70 grams

    Metal: 89.24% Silver, 10.76% Copper


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

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    June, 2018
    14th-17th Thursday-Sunday
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