LOT #98246 |
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1872-S 10C MS65 PCGS. CAC. Fortin-101, Low R.7....
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Sold on May 12, 2015 for:
$28,200.00
Bid Source: Internet bidder
Description
1872-S Dime, Smooth MS65
One of Three Finest Certified
Rare in All Grades
1872-S 10C MS65 PCGS. CAC. Fortin-101, Low R.7. Ex:
Eliasberg. Nicely frosted throughout, the surfaces are dusted in
lilac-gray iridescence. The slight unevenness of strike over the
reverse wreath is characteristic of many 1872-S dimes. The surfaces
are uncommonly smooth for the issue and the designated grade.Variety: Fortin-101, Low R.7. The only variety for this issue.
Population (4/15): PCGS has seen two pieces in MS65 and none finer, while NGC shows a solitary Gem and none finer. CAC has endorsed all three of these MS65 coins.
Heritage Commentary: This is a rare issue in Mint State. It is likely that most of the 190,000 pieces produced saw extensive circulation on the frontier, although some examples may have been melted in the aftermath of the Mint Act of February 12, 1873.
Consignor Commentary: The Eliasberg coin graded MS66 (raw) in that catalog by David Bowers and was termed the finest known, but is now tied by one other at PCGS at the MS65 level (the Simpson coin), plus one more at NGC. Smooth fields and even gray toning give the coin strong eye appeal which, given its pedigree, should distance it from any would-be contender. Both Fortin and Greer rate the date R.7 in Mint State. This piece is a textbook example of the description given in Greer's book. The strike on the obverse might be a little stronger than called for by Greer, particularly on Liberty's head. But the die crack he mentions throughout the top of the numerals in the date and extending on up through the rock to the U in UNITED is clear. The strike on the reverse also conforms to Greer's description but is stronger on the lower right portions, while the upper left shows the expected slight weakness. A real numismatic treasure.
Provenance: Long Beach Signature (Heritage, 10/2001), lot 5986.(Registry values: N4719)
Coin Index Numbers: (NGC ID# 23A9, PCGS# 4658, Greysheet# 4123)
Weight: 2.49 grams
Metal: 90% Silver, 10% Copper
Auction Info
2015 May 12 The Eugene H. Gardner Collection III US Coins Signature Auction - New York #1228 (go to Auction Home page)
Auction Dates
May, 2015
12th
Tuesday
Bids + Registered Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 1,137
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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