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Description

Premium Gem Proof 1848 Seated Dime
One of the Three Finest Certified

1848 10C PR66 NGC. Although the precise mintage of this Type Two (Stars Obverse) Seated dime is unknown, Walter Breen estimates in his 1988 Complete Encyclopedia that perhaps eight pieces were produced. The www.coinfacts.com website estimates the number of specimens coined at 10.
The present example conforms to the diagnostics as Breen outlines in his 1989 Proof Encyclopedia: "B-2. High date, slanting down to r., 1 recut above and touching base, final 8 about equidistant between base and nearest point of border; left base of 1 above space. Rev: die of 1844, 1846, 1847 proofs, probably used on other intervening dates." The vertical shield comes to a point just to the left of the upright of the 1. Turning in the Breen Proof Encyclopedia to the 1844 reverse, we find little except for "Rev. Striae at ED." This piece does indeed display diagonal die lines visible, running from southwest to northeast between those letters. There are also a series of faint horizontal die polishing lines in the area around the bow on the lower reverse.
The obverse displays delicately tinted central devices and stars in shades of pinkish-gold, while the background fields and much of the reverse exhibit moderate steel-blue and sage tints. Contact marks are essentially absent, and few pedigree markers exist to trace any potential future appearances of this piece. The most likely candidate is a pair of dotlike planchet indentations, as made, just to the right of the last 8 in the date, in the exergual field. The strike is remarkable: All of the stars demonstrate full centrils, Liberty's toes show separation on her right (facing) foot, and the sandal is distinct from Liberty's foot just above. There is no mentionable softness visible on Liberty's head, the gown clasp, or on any of the reverse details.
The current NGC population data show a total of 10 pieces certified ranging from PR63 to PR66, while PCGS shows two proofs, one each in PR64 and PR65 (6/08). This PR66 coin in quality is the equal of the Pittman-Kaufman coin, also in the present sale, and together the two pieces comprise two of the three finest certified examples.
Ex: Richmond Sale III (David Lawrence Rare Coins, 3/2005), lot 1242; December 2005 Baltimore Auction (Bowers and Merena, 12/2005), lot 1458; very likely the same as The Turtle Rock Collection (Superior Galleries, 2/2008), lot 503.

Coin Index Numbers: (NGC ID# 23C4, PCGS# 4735, GSID# 4180)

Metal: 90% Silver, 10% Copper
Weight: 2.67 grams
ASW: 0.07726oz
Mintage: 8


View Certification Details from NGC

Auction Info

Auction Dates
Jul-Aug, 2008
30th-3rd Wednesday-Sunday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 572

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