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    Description

    1794 V-2, LM-2 Half Dime
    MS65 PCGS Secure

    Sharp First-Year Type Coin
    Just One Numerically Finer at PCGS

    1794 H10C V-2, LM-2, R.5, MS65 PCGS Secure. In its second full year of operation, the U.S. Mint finally started striking a few silver pieces, but its efforts were limited to half dimes, half dollars, and silver dollars. It is believed that all of the 1794-dated half dimes were in the delivery of March 30, 1795, in the amount of 7,756 coins, which may have contained a few 1795-dated examples as well. Note that the reported mintage of 1795 half dimes is an amount more than 10 times as large, or 78,660 pieces.

    There are four die marriages known for the 1794 half dimes, struck from three obverses and three reverses. All are scarce and difficult to locate in Mint State, not to mention when in the present Gem condition of this V-2, LM-2 pairing. At R.5, it is the second rarest of the four die pairings known and we believe it is tied for the finest known of the variety. The date is slightly less wide than the rare V-1, LM-1 variety, where the digits were too widely spaced, but the difference is subtle and, in fact, this coin previously was identified as a V-1, LM-1, which shares the same reverse die. The upright of the T in UNITED is recut on the reverse. The most easily discernible diagnostic, however, is the two berries inside the wreath under the eagle's left (facing) wing, with no outer berries.

    Robert Scot's Flowing Hair half dime is similar in overall design to his half dollar and silver dollar of the same year. Many Mint State 1794 and 1795 half dimes derive from the Wadsworth-Rea hoard, but those pieces are generally of inferior quality compared to this exceptional coin. Rich olive, gray, and rose-colored toning appears over each side, with strong underlying mint luster. No abrasions are apparent on either side. The only technical flaw is a bit of irregular striking definition on the central devices, a characteristic of the die pair. This marvelous Gem is housed in a PCGS Secure holder. Population (all varieties): 9 in 65 (1 in 65+), 1 finer (2/15).
    Ex: ANA Signature (Heritage, 7/2005), lot 10145; ANA Signature (Heritage, 3/2011), lot 3297 which realized $63,250. (NGC ID# 22ZT, Variety PCGS# 38582, Base PCGS# 4250)

    Weight: 1.35 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
    April, 2015
    22nd-26th Wednesday-Sunday
    Bids + Registered Phone Bidders: 18
    Lot Tracking Activity: N/A
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    Numismatic Background and Census of 1802 Half Dimes: A Classic American Rarity
    This 64-page book cites mintage and rarity estimates by prominent numismatists and documents the currently known 1802 half dime appearances. Each of the 32 documented examples includes an enlarged obverse/reverse photograph, the author's assigned grade, the provenance of each coin, auction prices realized or dealer fixed asking price, and a unique serial number for each specimen that will facilitate retrieval for research, cataloging, or price-information purposes. Reserve your copy of this remarkable volume for just $29.95 today.
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