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    Description

    1798 Large 8 Dime, Beautiful MS62
    JR-4, First-Year Heraldic Type
    Sole CAC Example in This Grade

    1798 10C Large 8, JR-4, R.3, MS62 PCGS. CAC. This MS62 1798 dime has much to boast about, from its carefully preserved surfaces to its impressive eye appeal. The obverse exhibits intermingled shades of golden-russet and violet-gray patina with glimpses of brilliance in the recesses, while the reverse has attractive cobalt-blue, rose, and purple coloration. The devices are typically struck with softness on the left obverse stars and the shield, but small scattered marks fail to even remotely affect the allure of this condition rarity.

    Variety: JR-4, R.3. The variety shows a Large 8 in the date. A prominent die crack occurs from the rim to the Y in LIBERTY, terminating at Liberty's nose. There are no noticeable die cracks on the reverse.

    Population Data (9/15): For the 1798 Large 8, PCGS lists three other MS62 submissions and eight finer. NGC reports one MS62 and three finer for the Large 8. This is the sole 1798 Large 8 in this grade with the CAC approval.

    Heritage Commentary: In the early days of the first Mint, officials minimized costs by using certain reverse dies to strike both quarter eagles and dimes, as the two denominations had nearly identical diameters (this was the crux of the fantastic Ed Price Collection that we offered in July 2008 at our Summer ANA Platinum Night auction). In the case of this variety, John Dannreuther explains in his Early U.S. Gold Coin Varieties (2006) that "quarter eagles were struck first, believed to be all of the Warrant 149 delivery of 480 coins on Dec. 28, 1799. The reverse was then used for the JR-4 1798 dime and finally, the JR-1 1800 dime."

    Provenance: Stack's (10/1996), lot 153. (NGC ID# 236E, Variety PCGS# 38753, Base PCGS# 4466)

    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
    Bids + Registered Phone Bidders: 19
    Lot Tracking Activity: N/A
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