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    Description

    1796 JR-6 Dime, MS64 ★ Prooflike
    Ex: Bareford, Whitney, Price
    A Coin of Impeccable Quality and Provenance

    1796 10C JR-6, R.3, MS64 ★ Prooflike NGC. Ex: Ed Price Collection. This Prooflike near-Gem features pale champagne-gold toning with additional blue and rose hues near the reverse border. The design elements are full, even in the centers, including complete breast feathers. The surfaces exhibit a few microscopic abrasions that limit the grade. In the Bareford catalog, Stack's mentioned that in the past this coin was "claimed to be Brilliant Proof."

    Variety: JR-6, R.3. There are two key diagnostics for this variety: All of the letters in LIBERTY are separated, and there is a thick die crack that extends horizontally through the 17 in the date. In this later die state, the crack lengthens from the rim along the left side of 9, upward to Liberty's neck, through the hair and the upper left obverse field to star 8. On the reverse, another prominent crack appears along the rim near 10 o'clock, angling diagonally downward between ST in STATES, through the left branch to the top of the eagle's left (facing) wing, across the right wing and branch to the left side of M, then to the rim.

    Population Data (9/15): NGC shows two MS64 Prooflike submissions, but this is the only one with a Star designation. There is one finer MS66 Prooflike coin at that service. These figures include all die varieties.

    Heritage Commentary: According to the John Reich Collectors Society reference on early U.S. dimes (1984), there were 10,244 examples of this die marriage produced: 3,864 pieces on February 28, 1797, and 6,380 coins on March 21, 1797. The JR-6 examples were struck in addition to the 22,135 pieces that constitute the official mintage figure for 1796-dated dimes, pushing the actual mintage number to 32,359 coins (this information is credited to researcher Robert P. Hilt II, among others). The authors further estimate that representatives of the JR-6 variety account for approximately 30% of all 1796 dimes extant.

    This coin has featured in some truly stellar collections in the past, including the Harold Bareford Collection (where Allen Lovejoy described the dime varieties from the manuscript in production), where this coin realized $26,000; that of "Mr. 1796" John Whitney Walter, where this example of the JR-6 was described as "Superb Gem Brilliant Uncirculated" and "tied for finest known with the Eliasberg coin"; and more recently, in our own incredible offering of the Ed Price Collection, where Price called it "my favorite among the 1796 dimes" and noted that the " 'dime book' calls it MS67."

    Provenance: James Kelly (10/1951); Harold Bareford (Stack's, 10/1981), lot 133; John Whitney (Stack's, 5/1999), lot 1771; Anthony Terranova; Stuart Levine (3/2004); Ed Price Collection / ANA Signature (Heritage, 7/2008), lot 1413; Long Beach Signature (Heritage, 2/2010), lot 988. (NGC ID# 236B, Variety PCGS# 38747, 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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    Auction Dates
    October, 2015
    28th Wednesday
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