LOT #30271 |
Sold on Jun 23, 2014 for: Sign-in
or Join (free & quick)
1873-CC 10C Arrows MS65 NGC. Fortin-101....
Click the image to load the highest resolution version.
Sold on Jun 23, 2014 for:
$199,750.00
Bid Source: HA.com/Live bidder
Description
1873-CC Arrows Dime, Classic Rarity, MS65
Tied for Finest Graded
One of Two Confirmed Mint State Survivors
1873-CC 10C Arrows MS65 NGC. Fortin-101. The surfaces are
boldly struck on both sides of this dazzling 1873-CC Arrows dime
certified MS65 NGC. Moderate pinkish-purple toning with pale blue
accents liberally covers both sides although the palette range is a
bit broader on the reverse. Only scattered, minor marks are
consistent with the grade.Variety: Fortin-101, only known dies.
Population Data (5/14): NGC shows two in MS65 (one of which is a duplication; see the consignor's comments below). PCGS shows a single MS65, the ex: Norweb-Waldo Bolen-Battle Born coin. The Lovejoy-Boosel coin, according to the consignor's research (see below), may remain uncertified.
Heritage Commentary: A Gem example of this classic rarity, struck to the extent of 18,791 pieces and the only collectible Carson City dime dated 1873. Nonetheless a remarkable condition rarity, one of the highlights of the Gardner Collection. The same reverse was employed by the Carson City Mint for the first four years of Seated dime coinage, and some 1872-CC dimes and all genuine 1873-CC and 1874-CC dimes will show an upsweeping, arcing die crack through the mintmark.
The Mint State survival of this issue is a matter of debate. Mr. Gardner holds that three survive, while the Battle Born catalog (Stack's Bowers, 8/2012), lot 11105 (the MS65 PCGS Norweb 1873-CC dime), puts it this way: "The 1873-CC Arrows Liberty Seated dime is a landmark rarity in high grades with only two Mint State examples positively confirmed to exist." (Emphasis ours.)
Consignor Commentary: What a remarkable coin! Just standing on its own to be so well-struck and beautifully toned would place it high in the pantheon of Seated dimes. But to be such a rarity, in addition, places it right at the very top of that universe. It is one of three Mint State examples known: 1. Lovejoy/Boosel; 2. Norweb; and 3. James A. Stack. But the pop reports confuse things, even though they indicate three MS65s, one at PCGS and two at NGC. The problem arises as the current coin -- the James Stack coin -- is reported twice as MS65 in the NGC listing: once as #507880-010 listed in Superior's February 2003 auction (lot 1359, not sold), and then again as #1743215-001 (lot 445) in Bowers and Merena's March 2005 sale, where I bought it. But I still believe there are three distinct coins, as their catalogue photos are not similar. One of the other two must remain uncertified. [Edited by Heritage: The MS65 PCGS listing is the Norweb coin, which Heritage handled later in the Waldo E. Bolen, Jr. Collection of 1873-CC Coinage (Heritage, 4/1999, lot 5927)]. It is listed as MS64 (raw) in the Norweb catalogue but in truth is a beautiful Gem with light gray toning and probably the finest known. The Lovejoy coin had a small mark in the field in front of Liberty's face, and the obverse exhibited light russet toning, really quite pretty. Whatever, the coin pictured here is quite competitive with the other two and a truly remarkable beauty.
Provenance: James A. Stack Collection (Stack's, 1/1990), lot 153; Long Beach Signature (Heritage, 10/1990), lot 541; Superior (2/2003), lot 1359, unsold; Goldberg (1/2004), lot 1885; Bowers and Merena (3/2005), lot 445.(Registry values: N1)
Coin Index Numbers: (NGC ID# 23BH, PCGS# 4666, Greysheet# 4125)
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: 14
Lot Tracking Activity: N/A
Page Views: 1,503
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
Shipping, Taxes, Terms and Bidding
Sales Tax information
| NGC Coin Grading Guarantee
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | US & World Coin Grading Tutorial
Important information concerning Sales Tax and Resale Certificates. Learn More
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms | US & World Coin Grading Tutorial