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1863 10C Ten Cents, Judd-327, Pollock-397, High R.6, PR62 NGC. CAC....
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Description
1863 Postage Currency Dime in Aluminum
Judd-327, PR62
1863 10C Ten Cents, Judd-327, Pollock-397, High R.6, PR62 NGC.
CAC. The obverse depicts a Union shield pierced by two arrows,
a simple wreath rests above. The remainder of the design consists
of the legends: EXCHANGED FOR U.S. NOTES on the obverse, POSTAGE
CURRENCY ACT JULY 1862 and 10 CENTS 1863 on the reverse. Struck in
aluminum with a plain edge. This pattern represents an early
attempt to replace fractional currency pieces in circulation.
Eventually, the two cent piece, three cent nickel, and Shield
nickel were introduced for this purpose. The brilliant surfaces are
lightly hairlined and there are several peripheral die cracks
around the obverse. An important and historic pattern issue.Ex: Long Beach Signature (Heritage, 2/2007), lot 4167.
Coin Index Numbers: (NGC ID# 29FA, PCGS# 60486)
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
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