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    Description

    Double Struck 1801 JR-1 Dime

    1801 10C Double Struck Reverse AG3 PCGS. CAC. JR-1, R.4. Medium gray surfaces with a full date, completely outlined bust, and partial star detail on the obverse. The reverse shows the upper part of the eagle, the complete constellation and cloud group, and ITED STATES OF from the legend.

    The double strike is amazing. The two strikes were rotated about 180 degrees, so examination of the reverse in the inverted position helps to bring out the first strike. Look especially at the junction of the horizontal and vertical shield stripes to see the eagle's head, then notice the second ribbon, the arrow feathers on the clouds, and the left wing with the letters D and S. Tops of several clouds are also visible, along with other details.

    Die State.
    Probably the usual rusted die state, typical of the variety.

    Appearances.
    Plated in the 1993 Superior catalog.

    Obverse Die.
    The date is closely spaced with both 1's separated from the device. Stars 1 and 7 are equally distant from the curl and L, star 8 is very close to the Y, and star 13 is close to the drapery. All stars are widely spaced with none touching. LIB are closely spaced with BERTY widely spaced. The R was first entered too low, and corrected. A vertical spine from the curl tip nearly reaches the left base of the E.
    State a. Perfect die, may not exist. State b. Severely rusted die. State c. Lapped die, probably doesn't exist on JR-1.

    Reverse Die.
    Star 12 is solidly joined to the eagle's beak, diagnostic. AME are joined with all other letters separated. Stars 1 through 4 and star 6 all touch the clouds, star 5 just misses. A leaf tip touches the right base of I, and another is below the space between C and A. The outer arrow tip is below the right curve of U.
    State a. Perfect die with a spine up to the right from the right corner of the shield. State b. Minor die rust.

    Heritage Commentary.
    Given the low mintage and the rarity of 1801 dimes in general, the opportunity to bid on a dramatic error such as this double strike will probably not take place again anytime soon. We are unaware of any surveys of early silver error coins, although we suspect such a project would yield quite a short list.

    Consignor Commentary.
    I distinctly remember bidding on this coin. The error is so clear and so unusual that I had no idea what it was worth-but I was willing to pay a lot. After the bidding reached about $700 there was just one other bidder, a dealer that I did not recognize. We went back and forth in $50 increments until he finally dropped out when I reached $1,550. The price seemed a little high, but it was worth it just to be able to look at the coin over and over again. Much later, I found out that the dealer was an agent for Russ Logan. We joked that it was fortunate that he was not there in person, or it might have gone for more.

    Provenance.
    Jim Matthews Collection (Superior, 1/1993), lot 270.
    From The Ed Price Collection.
    (Registry values: P7) (NGC ID# 236J, PCGS# 4471)

    Weight: 2.70 grams

    Metal: 89.24% Silver, 10.76% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [Ed Price Collection ]

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    Auction Info

    Auction Dates
    Jul-Aug, 2008
    30th-3rd Wednesday-Sunday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
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