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    1868 Postage Currency Dime (Struck in 1863)
    Judd-644, PR64
    Ex: Garrett

    1868 10C Ten Cents, Judd-644, Pollock-716, Cassel-18, Low R.7, PR64 PCGS. 30.9 grains. Ex: Garrett. A Postage Currency related pattern, dated 1868. The obverse has a central shield with diagonal arrows behind, EXCHANGED FOR above and U.S. NOTES below. The reverse is a variant of the adopted design with the central wreath surrounding ONE DIME, a six-pointed star above and the date below. Struck in copper-nickel with a reeded edge. The metallic composition of this piece, as determined by SEM-EDX testing by S&N Labs on certificate number 60862.64/4646248, is 74% copper and 26% nickel.

    The most numismatically interesting revelation about this series of patterns is when the 1868-dated pieces are compared side-by-side with those from 1863, the 1868-dated coins have less advanced die cracks. In the second edition of his reference on the Postage Currency series, David Cassel explained:

    "these coins dated 1868 ... were produced in May 1863 before most of the Dies 1-A coins as piéces de caprice for collectors. The several I have seen do not appear to be restrikes but appear to be Mint date logo punch errors. I am not aware of any patterns that were struck five years in anticipation of the expectation of a need."

    Pronounced striking softness is noted at 2 o'clock on the obverse, affecting most of the word FOR. The obverse die was vigorously lapped and the fields are brightly reflective. The reverse shows peripheral die cracking and occasional areas of die rust. The leaves on the lower right portion of the wreath are weakly impressed also. These two areas of strike weakness are undoubtedly from the hardness of the 26% nickel alloy. Pale rose toning covers otherwise brilliant surfaces.
    Ex: John Work Garrett Collection (Stack's, 3/1976), lot 602; Auction '82 (Paramount's session, 8/1982), lot 1814; Charmont Sale (Steve Ivy, 8/1983), lot 4586; Milton R. Friedberg Collection (C.A.A., 1/1997), lot 1128; David Cassel.
    From The David Cassel Collection.

    Coin Index Numbers: (NGC ID# 29NX, PCGS# 60862)

    View all of [The David Cassel Collection ]

    View Certification Details from PCGS

    Auction Info

    Auction Dates
    August, 2015
    12th-16th Wednesday-Sunday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
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