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Description

1802 Half Dime, V-1, LM-1, VG10
The Caldwell-Paxman Specimen

1802 H10C V-1, LM-1, R.5, VG10 PCGS. This piece appears on page 35 of Jon Amato's Numismatic Background and Census of 1802 Half Dimes. A small oval mark just right of the 2 in the date confirms the provenance. Amato's exhaustive study that was published in 2017 revealed a count of 32 surviving examples of this rare issue that is considered the key to the early half dime series. Unlike more than half of the surviving examples, the present piece has no serious impairments.

Many rare issues, such as the 1802 half dime, have an unusually high number of problem coins when compared to more common issues. Bullion dealers in the middle 19th century were familiar with the rare coinage issues, and when examples were handled during the course of business, those rare issues would be set aside for collectors regardless of condition, while common coins were consigned to the melting pot.

As usual for the 1802 half dimes, the obverse has sharper detail than the reverse. Aside from the oval identification mark mentioned above, this piece has a few trivial scratches on each side. The obverse shows significant detail with a nearly complete border. The date, stars, and LIBERTY are all complete. Less than half of the reverse border is present, and several letters in the legend are incomplete. Amato's 1802 half dime census ranks this piece as the 14th finest example.
Ex: 1970 ANA (RARCOA, 8/1970), lot 150; Hathaway and Bowers (FPL, 1-2 1971); Dr. W. Caldwell Collection (Bowers and Ruddy, 11/1973), lot 11; Dr. Curtis Paxman Collection (Bowers and Ruddy, 11.9174), lot 308; 1975 ANA (Superior, 8/1975), lot 144.
From The Schwenk Family 100 Greatest Coins Collection.

Coin Index Numbers: (Variety PCGS# 38607, Base PCGS# 4268)

Weight: 1.35 grams

Metal: 89.24% Silver, 10.76% Copper


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Auction Info

Auction Dates
January, 2023
11th-15th Wednesday-Sunday
Bids + Registered Phone Bidders: 21
Lot Tracking Activity: N/A
Page Views: 1,798

Buyer's Premium per Lot:
20% of the successful bid per lot.

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.
Sold on Jan 12, 2023 for: $120,000.00
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