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    Description

    1804 Draped Bust Dime, XF45
    Popular 14 Star Reverse, JR-2 Variety
    Only Three Finer Coins at PCGS

    1804 10C 14 Stars on Reverse XF45 PCGS. CAC. JR-2, R.5. Only 8,265 dimes were coined bearing the date 1804, with two die varieties known for the date. The coin offered here is an example of the less available JR-2 variety, with the popular 14 star reverse. The JR-2 was the second use for both dies. The obverse die was used to strike the other variety of this date, while the reverse was previously used on the 1804 BD-2 quarter eagle. Walter Breen believed this reverse was left over from 1798, because of the arrangement of the reverse stars in a "Cross" pattern that was used on just one other quarter eagle die, the 1798 BD-1. Harry Bass doubted this theory, however, as the stars are much smaller on this die than on the 1798 BD-1.
    The fact that the diameter of the dime varied from that of the quarter eagle by less than one millimeter made it possible to use the same reverse dies to coin both denominations on several occasions. This practice saved the Mint both time and labor, and the expensive dies were seldom discarded until they were fatally damaged.
    The present coin is a lovely, well balanced example that has blushes of pale violet patina over natural gray surfaces. Traces of luster can still be found in the protected areas. An old cut in the left obverse field that crosses star 4 is of no real significance. PCGS and NGC have combined to certify only 16 coins of this variety in all grades, with only a single Mint State specimen known, an MS63 NGC example. Extremely Fine or finer 1804 Dimes of either variety are seldom offered, which should generate considerable interest in this uncommonly nice and legitimately elusive Draped Bust dime. Population: 1 in 45, 3 finer (11/11).(Registry values: P8) (NGC ID# 236P, PCGS# 4475)

    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 Info

    Auction Dates
    January, 2012
    4th-8th Wednesday-Sunday
    Bids + Registered Phone Bidders: 11
    Lot Tracking Activity: N/A
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