Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 

    Description

    Unique Specimen MS64 1839-O No Drapery Dime

    1839-O 10C No Drapery Specimen MS64 NGC. Large O. Greer-103. This is truly an enigmatic coin. It is much easier to state what we do not know about this apparently unique striking than what we do know. It is not mentioned in the Greer reference (1992) on Seated dimes. It is also only obliquely mentioned in the 1977 Breen proof Encyclopedia: "WGC:675. Unseen, die variety data lacking, unconfirmed." The fact that Walter Breen never saw this piece in his 40+ years as the preeminent numismatic scholar in America tells us this coin must have been in very strong collector hands for many years.
    What is known about this piece is the above reference from Kosoff's 1945 "World's Greatest Collection." The dimes were listed by mint. Under NEW ORLEANS MINT (1838-1909), lot 675 simply reads: "1839. K.1. Perfect die. Proof." It brought $19 on an estimate of $22.50.
    Examination of the coin itself speaks volumes. The devices are fully defined on each side. While this might be considered a given on a proof (Specimen) coin, in 1839 it was not always the case. Perhaps the most interesting part of the coin are the fields. Deeply mirrored throughout, they show evidence of extensive die polishing. This is less obvious on the obverse, but the reverse displays numerous heavy die striations.
    While many branch mint proofs were struck for a special occasion, that does not appear to be the case with this piece. The only notable design element is the Large O mintmark, hardly a cause for commemoration with a special coin. The 103 die pairing is a common one, and this piece is certainly not among the first struck. It shows a die crack from Liberty's head to star 8 to the cap and from stars 9 through 11. On the lower reverse two faint cracks can be seen to the right of the ribbon. This is consistent, however, with other branch mint proofs examined. Branch mint personnel were not familiar with the proofing process. When asked, they produced coins they thought resembled their Philadelphia counterparts. Close examination, such as that done by today's numismatists, can discern these differences, but at the time of manufacture what was important was intent. Did the New Orleans Mint intend to produce a special coin? Clearly they did. It is obvious from proofs struck in the Philadelphia Mint during this same time period that they would have polished away the die cracks. But quality control in New Orleans never approached that in the mother mint, and it appears that die cracks were only a problem when it impaired the further use of that die.
    The surfaces are toned deep blue and gray with reddish undertones. The fields flash forcefully through the layers of toning on each side. Lightly hairlined on the obverse, it does not appear that the reverse has hairlines. This is somewhat difficult to say for certain because of the numerous crisscrossing striations on that side. It would be difficult to overstate the importance of this New Orleans dime. Collectors of both branch mint proofs and Seated dimes will both need this piece, and we predict a surprisingly high price when it is sold.(Registry values: N2998) (NGC ID# 23BS, PCGS# 4572)


    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    Jul-Aug, 2008
    30th-3rd Wednesday-Sunday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
    Page Views: 954

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $9) per lot.

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2017 June 21 - 23 World Coins Signature Auction - Hong Kong.

    Learn about consigning with us

    Their professionalism and substantial collector base made me feel very comfortable listing my artwork with them.  I will definitely use them again in the future.
    Jim Atkinson,
    Murfreesboro, TN
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 January 4 - 9 FUN  US Coins Signature Auction - Fort Lauderdale
    2017 January 4 - 9 FUN US Coins Signature Auction - Fort Lauderdale
    REALIZED $42,328,231
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    REALIZED $2,414,465
    2017 January 5 - 9 FUN World Currency Signature Auction -
    2017 January 5 - 9 FUN World Currency Signature Auction -
    REALIZED $1,282,041