1846 10C MS63 PCGS. Fortin-101....

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Sold on Jun 23, 2014 for:

$47,000.00 Bid Source: Internet bidder

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Key 1846 Seated Dime, MS63
Lowest-Mintage Stars Obverse Issue
One of Three Mint State Coins Known, Tied for Finest

1846 10C MS63 PCGS. Fortin-101. Another key to the Liberty Seated dimes, the 1846 had the lowest production of the Stars Obverse subtype. This Select example is certified in an old green-label holder with great luster and an extremely sharp strike over lightly toned silver surfaces with accents of pink and gold. A few scattered ticks constitute the grade but are minor. A small dark fleck appears at the obverse rim above star 5.

Variety: Fortin-101.

Population Data (5/14): The only Mint State examples at PCGS are this piece and one other, both MS63. NGC shows only one Mint State coin, an MS61.

Heritage Commentary: Although Kansas City coin dealer promoted the 1844 Seated dime issue as the (now-famous) "Little Orphan Annie" issue in the 1930s, the 1846 is leaps and bounds rarer in high grades and was struck in far smaller numbers, 72,500 examples of the 1844 versus 31,300 coins for the 1846.

Only once before have we offered an MS63 PCGS example of the 1846 (with CAC green sticker), as lot 3684 of our FUN Signature (Heritage, 1/2009), which realized $86,250. Brian Greer wrote in his 1992 series reference, "Fairly scarce in any grade and rare in XF and above. This is the lowest mintage Stars Obverse Seated dime (excluding varieties). Very few Mint State pieces exist."

Consignor Commentary: There are two coins in this collection which have been included solely due to the efforts of Bill Nagle, this coin and the 1859-S. Both are top-notch Uncirculated coins which approach High R.7 in Mint State. For the longest time, this coin was the only one graded in Mint State (it is still in an OGH holder), but in the past few years it has been joined by one other at PCGS in MS63 and an MS61 at NGC. The coin is sharply struck with full details on Liberty's head, hand, and figure. There are die chips around stars 3, 4, and 6, and a noticeable spot near the rim between stars 4 and 5. The reverse is perfect. No die lines between (A)ME(R)ICA and the rim are evident. Sold to me directly by Bill Nagle from his personal collection.

Provenance: Pennsylvania Cabinet; Rarities Sale (Bowers and Merena, 1/1999), lot 1085; purchased from Bill Nagle (3/2003). (Registry values: N4719)

Coin Index Numbers: (NGC ID# 238D, PCGS# 4588, Greysheet# 4037)

Weight: 2.67 grams

Metal: 90% Silver, 10% Copper

View Certification Details from PCGS