1807 10C JR-1 MS(PCGS#38770)

October 2018 Baltimore U.S. Coins Auction

Commissaire-priseur

Stack's Bowers

Numéro du lot

379

Grade

MS62

Prix

4 080

Description du lot

1807 Draped Bust Dime. JR-1, the only known dies. Rarity-1. MS-62 (NGC). This is a handsomely toned example whose otherwise steel gray surfaces reveal splashes of vivid cobalt blue and golden-apricot iridescence as the coin rotates under a light. Softly defined around the peripheries, typical of the issue, yet with appreciable boldness of detail to the focal features in and around the centers. A full endowment of soft satin luster rounds out an impressive list of physical attributes for this desirable Mint State early dime. The Heraldic Eagle reverse was born out of necessity as the tradition of adding a star to the reverse with each new state compelled a redesign once Tennessee was admitted as the 16th state in 1796. Mint Director Elias Boudinot instructed Engraver Robert Scot to fix the number of stars at 13 to recognize the original colonies. In 1798 Scot introduced the Heraldic Eagle reverse based on the Great Seal of the United States while retaining the Draped Bust obverse. Because there is no mark of value, many of the reverse dies used in the Heraldic Eagle Draped Bust dime series were originally used to strike gold quarter eagles since both denominations share a similar planchet diameter. The Heraldic Eagle dimes were produced until 1807 and were struck in respectable quantities. Weak strikes, die clashing and adjustment marks are frequent occurrences within this series, especially for the later dates where softly impressed details are the norm. The present example also displays particularly prominent clash marks in the right obverse field. The final issue in the Draped Bust dime series, and always in demand to represent the Heraldic Eagle reverse design in type sets, the 1807 is a strong performer in all grades. In Mint State, as here, this issue is scarce to rare, especially relative to the demand that such pieces enjoy among today's quality conscious collectors. The 1807 holds additional appeal to variety specialists, the single die marriage of the year featuring the same reverse that the Mint previously used to strike Capped Bust Right quarter eagles of the 1805, 1806/4, 1806/5 and 1807 deliveries. PCGS# 38770. NGC ID: 236T. Click here for certification details from NGC.