LOT #3071 |
Sold on Aug 11, 2010 for: Not Sold
1796 10C MS64 NGC. JR-1, R.3....
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Sold on Aug 11, 2010 for:
Not Sold Description
Choice 1796 Draped Bust Dime, JR-1
First Year of the Denomination
1796 10C MS64 NGC. JR-1, R.3. Identified by the cud near
star 1 and the trio of fine die cracks that reach the eagle's right
(facing) wing. The 1796 dime was the first coin of this
denomination issued by the United States. Accordingly, the issue
enjoys great popularity with both type collectors and series
enthusiasts. The reported mintage was only 22,135 pieces, with six
die varieties known for the date. The present JR-1 variety is the
one most often encountered today. According to the authors of
Early United States Dimes, "about 40% to 45% of all 1796
dimes" are represented by the JR-1 variety.The 1796 dime was popular with early collectors, and appeared in many auction catalogs of the 1860s. A typical appearance, and one that resembles the present coin, took place in lot 732 of the Mendes I. Cohen Collection (Edward Cogan, 10/1875), "1796 Unusually fine. A slight scratch on the neck, and very desirable in this condition." If Cogan was mistaking a color streak on the coin for a scratch, he might have been describing this identical coin.
This piece is undoubtedly one of the finest examples known. It is difficult to imagine a coin with more flash and eye appeal than this stunning specimen. The devices are generally well brought up, with only a hint of incompleteness at the center of the eagle's breast. The fields are bright and prooflike, as is sometimes seen on examples struck from the JR-1 dies. The surfaces are brilliant, aside from a slender diagonal gray streak across Liberty's neck. An absolutely stunning early dime. Census: 20 in 64, 19 finer (6/10).
Ex: Superior (8/2002), lot 1577; Richard J. Chouinard Collection of United States Coins, Part One (Heritage, 1/2005), lot 30156.(Registry values: P7)
Coin Index Numbers: (NGC ID# 236B, PCGS# 4461, GSID# 3957)
Metal: 89.24% Silver, 10.76% Copper
Weight: 2.70 grams
ASW: 0.07747oz
Mintage: 22,135
Auction Info
2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143 (go to Auction Home page)
Auction Dates
August, 2010
11th-15th
Wednesday-Sunday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 1,022
Buyer's Premium per Lot:
15% of the successful bid per lot.
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