1798/7 10C 16 Star Reverse MS(PCGS#4468)

The Regency Auction 41

拍卖行

Legend Rare Coin Auctions

批号

8

等级

MS65+

价格

578,493

详细说明

FROM THE BRUCE MORELAN COLLECTION Ex Col. Green and Eric Newman Collections as noted on the insert. Talk about the FINEST of the FINE, this is the FINEST KNOWN example! As the SINGLE highest graded 1798/7 16 Stars dime graded by PCGS and finer in eye appeal and overall quality to the NGC MS66 that has been down-grade crossed to PCGS MS65. Both sides are boldly lustrous with a vibrant, thick, frosty satin luster that blooms all over. Beautifully toned with bold concentric rings of rose-gold, vivid blue, and warm violet toning frame both sides, yielding to the brilliant, silver centers. For the JR-1 variety, this example is well struck with just the slightest hint of weakness at the highest central devices. The eye appeal is simply stunning! We cannot imagine many early dimes survive and look like this. In the early mint, dies were precious, and they were pressed into service for as long as they could be used. The 1798/7 die began life in the previous year, and the 8 was punched over the prior year's 7. Also left over was the reverse die, which featuring 16 stars was left over from a time when the mint's policy was to add a star for each state in the union. In 1797, Mint Director Elias Boudinot stopped this practice as it would be impossible to keep adding stars. This reverse die was originally used to strike the 1797 quarter eagles. PCGS 6, NGC 6, CAC 2. This is the ONLY MS65+ graded by either service and is the FINEST graded. Last sold in October 2015 for $117,500. Earlier it was sold in November 2013 as part of the Eric Newman Collection, part II, lot 33314, as NGC MS65* CAC where it realized $88,125; earlier still from the Col. Green Collection, purchased by Eric Newman and B.G. Johnson in partnership for $35. The current PCGS Price Guide value is listed at $115,000 and this marvelous GEM seems like a bargain at that price! What a spectacular opportunity for the advanced collector! Cert. Number 25340261 PCGS # 4468.00