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1855 10C Arrows MS68 NGC....
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Sold on Jan 6, 2011 for:
$17,250.00
Bid Source: Internet bidder
Description
Fabulous MS68 1855 Arrows Dime
Tied for Finest Certified
1855 10C Arrows MS68 NGC. This beautiful Superb Gem type
coin is close to brilliant, although specks of faint tan toning are
present here and there. These flecks of color make this otherwise
brilliant coin identifiable. Three faint golden-brown dabs are seen
in the right obverse field above the foot of Liberty, and a similar
number are located in the left obverse field. On the reverse there
are a few faint freckles of color in the field below the ME in DIME
and just above the right part of the wreath. The design motifs are
well struck aside from the dentils on the rim on the lower part of
the reverse. The preservation is outstanding, since careful
evaluation is necessary to locate the occasional faint grazes. The
mint luster is softly frosted and the essentially untoned
appearance of the coin allows full appreciation of the lustrous
finish.Arrows dimes were struck for only three years, 1853 to 1855. By 1849, West Coast gold was mined in sufficient quantity to increase the relative value of silver. Silver coins were promptly hoarded and melted. The Mint responded by reducing the weight of silver coins in 1853, which allowed them to circulate. Arrows were added to the date to denote the new tenor. The 1853 production was prodigious and ended the shortage of silver in circulation, but by 1855, mintages were reduced to normal levels and Mint State pieces are elusive. Census: 2 in 68, 0 finer (10/10).
Ex: 2008 Long Beach Auction (2/2008), lot 101, where it brought $43,125.
From The Joseph C. Thomas Collection, Part Two.(Registry values: N1)
Coin Index Numbers: (NGC ID# 239C, PCGS# 4607, Greysheet# 4047)
Weight: 2.49 grams
Metal: 90% Silver, 10% Copper
View all of [The Joseph C. Thomas Collection, Part Two ]
Auction Info
2011 January Tampa FUN Signature & Platinum Night US Coin Auction #1151 (go to Auction Home page)
Auction Dates
January, 2011
5th-9th
Wednesday-Sunday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 1,608
Buyer's Premium per Lot:
15% of the successful bid per lot.
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