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    Description

    1796 Dime, AU58
    JR-2, Two-Year Type
    First United States Dime Issue

    1796 10C JR-2, R.4, AU58 NGC. This attractive near-Mint 1796 dime displays light steel-gray centers yielding to darker olive and slate-blue peripheries. The strike is mostly sharp save for the usually seen central softness; evidence of slight friction over the high points is practically imperceptible. Overall, this is an eye-appealing first-year dime showing minimal abrasions and no shortage of numismatic and historic significance.

    Variety: JR-2, R.4. The wide space between the 1 and 7 in the date, and the berry under the left side of the first S in STATES identify the variety. The leaf tip is distant from the I in AMERICA -- another diagnostic marker of this R.4 variant.

    Population Data (9/15): For the 1796 date NGC reports 91 submissions in higher grades, including all varieties, a figure that is undoubtedly inflated by resubmissions and crossovers.

    Heritage Commentary: The 1796 is always in demand: It represents the first U.S. dime issue and features a design that was only implemented for two years. The reported mintage is just 22,135 pieces, comprising six known die combinations. The JR-2 variety is scarce, accounting for approximately 5% to 10% of the surviving population of 1796 dimes. According to Ron Guth, the JR-2 should "command a premium over the common type price, especially for nice examples." This example, just a whisper away from Mint State, is one such.

    Provenance: ANA Signature (Heritage, 8/2010), lot 3070. (NGC ID# 236B, Variety PCGS# 38743, 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.

    Auction Info

    Auction Dates
    October, 2015
    28th Wednesday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
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