1796 10C MS (PCGS#4461)
March 2020 Baltimore U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 3128
- 等级
- AU50
- 价格
- 97,945
- 详细说明
- Lovely 1796 Dime
An Early American Classic
1796 Draped Bust Dime. JR-1. Rarity-3. AU-50 (PCGS). CAC.
This richly original example is toned in a bold blend of olive-charcoal, steel gray, pale gold and light rose patina, the most vivid colors discernible at direct lighting angles. Both sides are nicely centered within uniformly denticulated borders, the design elements boldly to sharply defined throughout. Smooth in hand with a handsome appearance, this coin would do equally well in a first year type set or specialized collection of early dimes.
Despite being one of the original denominations authorized by the Mint Act of April 2, 1792, the dime, along with the quarter and quarter eagle, was not introduced until four years later. The Draped Bust, Small Eagle dime was produced for only two years, and then only in modest quantities. Struck from at least six known die marriages, the first 1796 dimes were delivered on January 18, 1796, the mintage eventually topping out at a published figure of 22,135 pieces in all (though 1796-dated dies may have continued to be used into March of 1797). The JR-1 variety, offered here, is one of the more easily recognizable of the known die pairs thanks to the presence of a prominent cud break on the obverse at star 1. Despite being one of the more readily available varieties, it is still quite a scarce coin by any measure. Perhaps not more than 4% of all 1796 dime varieties remain in numismatic hands today, most of which are at the lowest end of the circulated grading scale. Above the VF level this issue becomes particularly challenging, problem free About Uncirculated coins such as this especially desirable. Delightful in its originality and eye appeal, this is a lovely specimen that will be welcome in any cabinet.
Provenance: From the E. Horatio Morgan Collection. Earlier from Superior's session of Auction '87, July-August 1987, lot 1530.
PCGS# 4461. NGC ID: 236B.
Click here for certification details from PCGS.
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