LOT #8331 |
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1863 10C J-330
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Sold on Aug 10, 2001 for:
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Description
1863 Ten Cents, Judd-330, Pollock-399, R.6--Corroded, Bent--ANACS. AU Details, Net XF40. The obverse depicts an ornamental shield with an inverted laurel wreath suspended from a ring. A pair of crossed arrows is behind the shield. The inscription reads EXCHANGED FOR U.S. NOTES. The reverse has 10 CENTS 1863 in the center with * POSTAGE CURRENCY * ACT JULY 1862 around the margin. Struck in a tin/copper alloy with a plain edge..
James B. Longacre designed this coin in May, 1863. On May 27 records indicate a combined total of 39 plain edge pieces were struck in either block (pure) tin and/or a tin alloy of supposedly 97% tin and 3% copper. The tin coins were struck at 21 grains and 27 grains. DuBois wrote that the (intrinsic) value of a 21 grain ten cent coin was 1/5th of a cent while the 27 grain counterpart had a value of 1/6th of a cent. The tin coins were the Mint's least valuable coin to produce. One could easily bend one of these coins with the slightest pressure. Tin Postage Currency coins are very scarce in high grades and not common in lower grades. This is because tin, a base metal, corrodes, which on this piece has left much of the lettering virtually illegible. The planchet, while once bent, appears to have been expertly straightened.
Coin Index Numbers: (NGC ID# 29FD, PCGS# 60489, GSID# 12524)
Auction Info
2001 Atlanta, GA Signature Sale #267 (go to Auction Home page)
Auction Dates
August, 2001
8th-11th
Wednesday-Saturday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 362
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