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1853 10C No Arrows MS68 PCGS. CAC. Fortin-102....
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Sold on Oct 27, 2014 for:
$18,800.00
Bid Source: Live: Floor bidder
Description
1853 No Arrows Dime, MS68
Tied for the Finest Certified
1853 10C No Arrows MS68 PCGS. CAC. Fortin-102. This 1853 No
Arrows dime graded MS68 by PCGS shows every individual die detail
sharp and bold. This includes every star on the obverse and every
leaf on the reverse. Both sides display exquisite color and luster.
The surfaces offer frosty mint luster visible beneath intermingled
ivory, golden-brown, and teal on the obverse with hints of pink on
the reverse. For all intents and purposes, the surfaces are
essentially mark-free. This example is tied for the finest
certified, easily one of the finest Liberty Seated dimes of any
grade.Variety: Fortin-102, the scarcer of two varieties for the date, showing the shield point over the tip of the upper serif of the 1, and the pendant in Liberty's skirt over the top left corner of the 5. According to www.SeatedDimeVarieties.com, two different die varieties are known for the 1853 No Arrows dime coinage, along with an additional major die state.
Stars 3-6 each have tiny die chips near an outer star point. Liberty's thigh shows several approximately parallel die file lines, probably not visible on any but the finest-quality coins. The file lines are on one of the highest design points and would disappear with only the slightest wear. The same reverse die was used for both varieties, easily identified by tiny raised die chips on the flat surface of NE in ONE and D and E in DIME. Traces of die wear or erosion can be seen behind UNITED and AMERICA.
Population Data (7/14): PCGS and NGC have each certified four submissions as MS68, likely including some resubmissions.
Heritage Commentary: The population data for the grading services provides a great deal of data, but this incredible resource is still not definitive for rarity of various issues. Many coins are resubmitted, some multiple times, inflating the reported totals. The only true answer to rarity is an actual Condition Census for every issue, an impossible task.
Consignor Commentary: It doesn't seem possible, but there are eight coins graded MS68 of this date with another seven right behind at MS67. Given so many coins graded at these levels, several of them have to be close to perfect. I know this one is. A Superb Gem with even metallic toning and nary a blemish to distract the eye. The date seems more available than its High R.4 rating would suggest.
Provenance: Long Beach Signature (6/2006), lot 1043.(Registry values: N1)
Coin Index Numbers: (NGC ID# 238R, PCGS# 4599, Greysheet# 4044)
Weight: 2.67 grams
Metal: 90% Silver, 10% Copper
Auction Info
2014 October 27 The Eugene H. Gardner Collection II US Coins Signature Auction - New York #1214 (go to Auction Home page)
Auction Dates
October, 2014
27th
Monday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 955
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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