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    Extremely Rare and Desirable 1803 JR-1 Draped Bust Dime

    1803 10C JR-1, R.7.--Damaged--NCS. VF Details. Medium silver toning on the devices, with the usual attractive gray in the fields with areas of darker tones in the protected areas, particularly on the reverse. The damage consists of a too many light scratches and a few nicks on the obverse, primarily near the stars and date. There are some scratches on the rim above stars two and three, another pin scratch through Liberty's lower curls and the 1, and on Liberty's hair there are very faint swirling scratches and a faint scratch in the right obverse field. On the reverse there is a single scratch down between OF to the motto and shield, left of the left point. Nicks are located above the 1 and below the 3 in the date, one on Liberty's neck, three along the right obverse stars, and on the reverse above ER of AMERICA. It is likely that this coin was used as a screwdriver sometime in the distant past.
    While the nicks and scratches may sound troublesome, they are not as bad as one might expect for a coin of this rarity or the NCS holder insert description. Two examples (including the present specimen) of this variety were discovered in Florida in the early 1990s, both grading Very Fine. In terms of the Condition Census, the following are known, XF45, XF40, VF30, the present specimen, several in lower grades and often with damage. We would estimate that ten examples are known today. Perhaps a few more await discovery as more and more type collections and date sets are broken up. All known examples of this variety show the reverse die crack through the N to the third feather up from the shield to the motto ribbon. The reverse die was earlier used to strike the 1803 JR-5 variety discovered by specialist Ed Price over a decade ago, paired with the JR-4 obverse (3 leaning right), and the new JR-5 variety remains extremely rare with just four specimens reported to date. For the variety specialist the present offering may be the only chance to secure a high grade example of this die pairing as all other higher grade examples are currently tied up in advanced variety collections, and are likely to remain off the market for the foreseeable future.
    Ex: Doug Hill (January 1992). Envelope Included.(Registry values: P7) (NGC ID# 236L, PCGS# 4473)

    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
    January, 2006
    24th-28th Tuesday-Saturday
    Bids + Registered Phone Bidders: 14
    Lot Tracking Activity: N/A
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