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    1801 Dime, Satiny MS62
    Rare JR-2 Variety
    Extremely Elusive in Mint State

    1801 10C JR-2, R.5, MS62 NGC. Liberty's hair curls are well-defined, but there is some softness on the eagle's plumage in the central reverse. Satiny mint luster shines brightly through the light golden-rose toning covering each side. A swath of bright cobalt-blue appears above the date. An outstanding example of this early Mint rarity.

    Variety: JR-2, R.5. Only two varieties are known for the 1801 dimes, the very scarce JR-1 and the rare JR-2. This variety is most easily distinguished by the leaf tip overlapping the right base of the I in AMERICA and the die crack from the E in AMERICA to the shield. Although the JR-2 is usually found well-worn and with various defects, the present piece shows few distractions other than those it left the Mint with. The rust pits near the face and throat in the right (facing) obverse field are characteristic of all examples. Die State: Numerous die cracks appear on the reverse as outlined in the dime book, including one from the rim to F to a cloud and behind the eagle's head; one from the rim through the E in AMERICA to the right shield border; and a third from the rim through the lower arrow shafts to the claws and left shield.

    Population Data (3/15): For the date 1801, the finest at NGC are one MS62 (this piece) and one MS65 (almost certainly a JR-1). The finest at PCGS are three MS61 and one MS63 -- most or all of them likely the R.4 JR-1 variety, which is relatively "easier" to find. The finest JR-2 at PCGS is a sole MS61.

    Heritage Commentary: Davis, Logan, Lovejoy, McCloskey, and Subjack write that "the 1801 dimes are notable because they have the lowest average grade or condition of any bust dimes (1796-1837) appearing in over 40 auction catalogs surveyed." Of the JR-2 in particular, they write that it is "very hard to locate" above Fine 12. While the 1801 is the most commonly encountered date from 1800 through 1804, it is still quite rare. This example of the JR-2 in Mint State is far more elusive still, both as a variety and a conditional rarity.

    Provenance: Joseph C. Thomas Collection / Cincinnati Central States Signature (Heritage, 4/2009), 2215.

    Coin Index Numbers: (NGC ID# 236J, Variety PCGS# 38757, Base 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.

    Auction Info

    Auction Dates
    May, 2015
    12th Tuesday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 1,064

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