LOT #98224 |
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1842-O 10C MS65 NGC. CAC. Fortin-103....
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Sold on May 12, 2015 for:
$14,100.00
Bid Source: HA.com/Live bidder
Description
1842-O Dime, Fortin-103, MS65
'Shattered Reverse' Die From 1841
1842-O 10C MS65 NGC. CAC. Fortin-103. A Top 100 Variety. Ex:
Stellar. Deep brownish-orange patina and a bold strike complement
the nicely preserved surfaces on this Gem 1842-O dime, one of the
finest survivors of the issue exceeding 2 million pieces.Variety: Fortin-103, High R.3. Medium O mintmark, Shattered Reverse #1, Reverse of 1841.
Population Data (3/15): PCGS shows a single MS65 and none finer, but NGC now reports two MS65 and none finer, up from one MS65 a few years ago.
Heritage Commentary: O-mint reverse dies were frequently reused during this time, a phenomenon known for 1840-O to 1841-O and from 1841-O to 1842-O. This reverse die was carried over from 1841-O dimes, where it was labeled Reverse D. The primary diagnostic is the crack through ES, which appears on both, but the 1842-O die was lapped, creating weakness especially noticeable around the peripheral legend. Gerry Fortin and others believe that the "1841-O mintage is understated while the mintage for 1842-O is probably overstated."
Consignor Commentary: The obverse is well-struck from rusted dies but devoid of any marks. The action is all on the reverse, where the die seems to be on the verge of collapse. There is the defining heavy die crack through the final S in STATES back through the E and on to the upper leaves. It seems like every letter in the legend is connected by some sort of crack to the rim, the most noteworthy of which starts at the rim above the R in AMERICA and runs down through ICA. These letters are heavily rusted, and the final A is close to being polished away.
Provenance: Purchased from Jason Carter (7/2004).(Registry values: N7079)
Coin Index Numbers: (NGC ID# 2387, PCGS# 4582, Greysheet# 4092)
Weight: 2.67 grams
Metal: 90% Silver, 10% Copper
Auction Info
2015 May 12 The Eugene H. Gardner Collection III US Coins Signature Auction - New York #1228 (go to Auction Home page)
Auction Dates
May, 2015
12th
Tuesday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 809
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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