LOT #98263 |
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1859-S 10C MS63 PCGS. Fortin-101....
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Sold on Oct 27, 2014 for:
$25,850.00
Bid Source: HA.com/Live bidder
Description
1859-S Dime, Stunning MS63
Great Series Rarity
Cover Coin for The Gobrecht Journal
1859-S 10C MS63 PCGS. Fortin-101. Stunning heather and
pinkish-gold surfaces show a surprisingly bold strike on this rare
Seated dime, including all star radials and Liberty's rock, head,
shield, and sandal. Some diagonal planchet striations are as
struck. A few small ticks account for the grade but are
individually trivial.Variety: Fortin-101, sole variety known for the year.
Population Data (7/14): PCGS shows one each in MS62, MS63 (this piece), and MS65. NGC reports only two MS62 and none finer.
Heritage Commentary: This S-mint rarity is second only behind the 1858-S Seated dime within the series, the two issues each struck to the extent of only 60,000 pieces. Seated dime specialist/author Gerry Fortin writes on his website that "determining an accurate pricing for AU specimens is difficult since few examples are ever sold."
Consignor Commentary: Bill Nagle was instrumental in acquiring many of the coins in this set, and for this coin and one other (the 1846) he can claim full marks. He found the coin ungraded in a Smythe sale and felt the coin was stronger than advertised. PCGS agreed, and I must say I cannot understand why it would ever be graded differently. The surfaces are smooth and unmarked (a few small tines grace the outside points of stars 3 and 4), and the toning is light and natural. The eye appeal is so outstanding that it was on the cover of the November 2010 Gobrecht Journal. One of the great rarities of this series. Both Greer and Fortin rate it R.8 in Mint State, a fact borne out by the populations: only three MS62, this MS63, and one MS65.
Provenance: Smythe (11/2003), lot 1105.(Registry values: N4719)
Coin Index Numbers: (NGC ID# 2396, PCGS# 4621, Greysheet# 4107)
Weight: 2.49 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: 8
Lot Tracking Activity: N/A
Page Views: 738
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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