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    Description

    1798 Large 8 Dime, JR-4, MS64
    Seldom Seen in Finer Grades

    1798 10C Large 8, JR-4, R.3, MS64 PCGS. This near-Gem example of the JR-4 1798 Large 8 Guide Book variety displays striking multicolored patina with patches of peach, green, blue, and violet. The luster under the toning is strong, particularly on the reverse. While the margins show a degree of strike softness, the interior definition is better, though still incomplete. Liberty's hair is sharply detailed, as are the lower bust devices, but the eagle's neck is a tad weak. Nonetheless an extremely attractive and conditionally elusive coin.

    Variety: JR-4, R.3. Flat-topped 1, small 7, medium 8, more commonly called Large 8. The only Large 8 variety for the year, as there are two overdate (1798/7) die pairs, JR-1 and JR-2, and the 1798 Small 8, JR-3. The 13 Star reverse of JR-4 shows the stars arranged in arcing rows of six, five, and two singletons flanking the eagle's head. The branch shows five berries.

    All 1798 dime die pairs are scarce or rare. Among nonoverdate die pairs, the R.3 JR-4 is more accessible than the R.5 JR-3. The authors of Early United States Dimes wrote of the JR-4 in 1984: "Commonest 1798 variety. Frequency of appearance, about 45% of 1798 dimes."

    Population Data (3/15): Including the Large 8 and JR-4 data, PCGS reports four MS64 and three finer -- two MS65 and one MS66.

    Heritage Commentary: Looking at the certified populations from PCGS, a 1798 dime graded MS64 is likely to be either the 1798/7 JR-1 with 16 Star reverse or the JR-4, 1798 Large 8. Both the JR-2 and JR-3 are far rarer. Anything finer than MS64 is extremely rare, regardless of variety. The present piece would certainly constitute an excellent type representative for the Draped Bust, Large Eagle design.

    Provenance: Central States Signature (Heritage, 4/2012), lot 5061. (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
    May, 2015
    12th Tuesday
    Bids + Registered Phone Bidders: 9
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