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    Description

    1798 Small 8 JR-3 Dime, MS64
    Garrett-Lovejoy Specimen
    JR 'Dime Book' Plate Coin

    1798 10C Small 8, JR-3, R.5, MS64 PCGS. CAC. Trivial marks hidden in the devices are all that prevent a higher grade for this outstanding and rare JR-3 representative. This fully lustrous near-Gem offers ivory and light silver surfaces with frosty mint brilliance shining through iridescent toning. The strike is full and the eye appeal is grand. In addition to its high level of aesthetic merit, this piece also boasts considerable historical numismatic importance.

    Variety: JR-3, R.5. Curved tail to R in LIBERTY, the only appearance among 1798 dimes. In fact, it is the only appearance of a curved-tail R on any die variety in the Draped Bust series from 1796 to 1807. The obverse of this late die state is shattered, and the reverse is clashed.

    Each of the four known 1798 dime varieties is distinctive: JR-1 is an overdate with 16 reverse stars, JR-2 is an overdate with 13 reverse stars, JR-3 is a normal date with four berries on the reverse, and JR-4 is a normal date with five reverse berries. The rarest overdate is JR-2 and the rarest normal date is JR-3, the variety offered here.

    Population Data (3/15): For the 1798 date, PCGS records five normal date dimes in MS64 and five numerically finer; NGC has seen six pieces in this grade and two finer. For the variety, four JR-3 examples have received Mint State grades at PCGS, one MS64 and two MS65 finer; NGC shows only a single attributed JR-3 in Mint State, an MS66. One or more resubmissions are undoubtedly included in this tally.

    Heritage Commentary: The finest known 1798 JR-3 dime is the Eliasberg specimen, which we offered as part of the Ed Price Collection. Next on the roster is the Superb Gem Bareford specimen that Stack's offered in 1981. We believe the present specimen, from the Garrett and Lovejoy collections, is third finest. It is also the plate coin in Early United States Dimes 1796-1837. This piece was graded AU55 in the Garrett catalog and was incorrectly described as an overdate. In the Lovejoy catalog, it was offered as MS64 NGC.

    Provenance: Garrett Collection; Johns Hopkins University (Bowers and Ruddy, 10/1980), lot 1571; Allen F. Lovejoy Collection (Stack's, 10/1990), lot 12; FUN Signature (Heritage, 1/2012), lot 3129. (NGC ID# 236E, Variety PCGS# 38752, Base PCGS# 4467)

    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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    May, 2015
    12th Tuesday
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