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1858-S 10C MS66 PCGS. CAC. Greer-101, Fortin-101, R.5. ...
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Sold on Jun 23, 2014 for:
$88,125.00
Bid Source: Live: Floor bidder
Description
1858-S Dime, Incredible MS66
The Sole Finest Known Example
1858-S 10C MS66 PCGS. CAC. Greer-101, Fortin-101,
R.5. Ex: Stellar. Copious luster cascades over both sides of
this marvelous Premium Gem, and whispers of violet, beige, and
lavender are slightly deeper on the motifs, highlighting them
against the partially prooflike fields. The design elements are
sharply defined, and neither side reveals mentionable marks.
Incredible eye appeal is affirmed by the CAC sticker.Variety: Greer-101, Fortin-101, R.5. Identified from the position and slope of the date, a small tine appears to connect the upper and lower loops of the numeral 5 in the date, the left edge of the base of the 1 is positioned over a dentil, the pendant slightly left of the center of the 5, and the low mintmark is equidistant from each ribbon bow. Fortin states: "Variety 101 is very difficult to locate."
Population Data (5/14): The present MS66 offering is the sole finest example certified by either PCGS or NGC. It is worth noting that PCGS has seen only four other Uncirculated coins, two MS62s and two MS63s. NGC has graded a mere three Mint State pieces, MS61, MS64, and MS65. The High R.7 rarity rating assigned by both Greer and Fortin to Uncirculated 1858-S dimes thus appears well-deserved. Additionally, it is significant that both services have certified just 102 specimens in all grades.
Heritage Commentary: The relatively low mintage of 60,000 pieces, along with the fact that most entered the channels of commerce, contributes to the scarcity of the 1858-S ten cent in circulated grades and rarity in Mint State.
Consignor Commentary: This coin stands alone at the top of the condition chart. Given its abundant luster, strong strike, and brilliant semiprooflike surfaces, an upgrade from this lofty level cannot be ruled out.
Provenance: Bought directly from Stack's Bowers (12/2012).(Registry values: N10218)
Coin Index Numbers: (NGC ID# 2393, PCGS# 4618, Greysheet# 4105)
Weight: 2.49 grams
Metal: 90% Silver, 10% Copper
Auction Info
2014 June 23 The Eugene H. Gardner Collection of US Coins Signature Auction - New York #1213 (go to Auction Home page)
Auction Dates
June, 2014
23rd
Monday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 1,270
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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