1411: 1796 10C MS67 <S NGC.
| Start Price |
USD 130,000.00 |
| Current Price |
USD 260,000.00 |
| Time Left |
- |
| Bid Count |
27 |
| Buy It Now Price |
- |
| Reserve Price |
- |
| Start Time |
Thursday, July 31, 2008 |
| End Time |
Thursday, July 31, 2008 |
| Location |
Baltimore, MD |
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See more about '1411: 1796 10C MS67 <S NGC.'
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Description
click for larger image1411: 1796 10C MS67 1796 10C MS67 NGC. JR-4, R.3. An amazing example of the JR-4 die combination in nearly perfect preservation. Only a hint of central weakness is evident on an otherwise bold strike. The centering is close to perfect, with full borders on both sides, only slightly narrower at the lower obverse and lower reverse. Strong magnification is required to see any of the tiny blemishes that prevent an even higher numerical grade. Both sides have fully reflective, prooflike fields around frosty devices, imparting a splendid cameo appearance. The central obverse and reverse are light ivory and gray, with peripheral rainbow toning. At one time in the past, quality similar to this coin would have been described as "proof" or "specimen." Today, we call the coin prooflike Mint State, yet give a nod to its special appearance.Die State. The obverse has a faint crack from the rim to star 1, continuing through that star and faintly to the lowest hair curl. Another crack faintly connects stars 1, 2, and 3. The reverse has no evidence of clash marks or die lapping. A faint crack extends from the top right leaf below O toward the final S.Condition Census. Easily the finest known JR-4, although a few other Gem specimens are close to this example in quality.Appearances. Plated in Goldberg's September 2003 sale and in Stack's sale of the James A. Stack Collection.Obverse Die. Star 1 is distant from the lowest curl, diagnostic. In the date, the 1 is close to the curl and the 6 is closer to the drapery. Stars 1 and 8 are distant from the curl and L, stars 9 and 15 are closer to the Y and drapery. Stars 3, 4, and 5 are closer than other stars on the left. Star 15 is nearly centered between star 14 and the bust. LIBERTY has ER extremely close and the tops of TY joined.State a. Perfect obverse. State b. Traces of lapping at the top hair curls. A faint crack joins the border to star 1.Reverse Die. Leaf tip below right base of A in STATES, diagnostic. The left branch has 17 leaves and four berries, and the right branch has 13 leaves. The two outer berries are on stems that appear to grow out of leaves. They are positioned below the upright of E and three-fourths of the distance from D to S. All leaves in the left branch are separated from the letters. In the right branch, a leaf joins the base of E just right of center, and another joins the right base of the I. AME are extremely close with M slightly high. All other letters are well-spaced.State a. Perfect. State b. A faint die crack extends from the tip of the upper right leaf, toward the final S. State c. Heavy clash marks. State d. Cracked from the tail feathers to the third feather of the right wing.Heritage Commentary. The faint die crack that connects stars 1, 2, and 3 is visible on this piece, although not on JR-3. Therefore, JR-4 clearly followed JR-3 in the emission sequence of 1796 dimes.When describing this piece in 2003, the Goldberg cataloger noted: "In June 2003, Michael S. Fey reported the discovery of examples of 1796 JR-3 and JR-4 with widely repunched 6's in the date. Because of its high grade, this example shows this feature clearly. Actually, the entire date was repunched (as were most of the stars on the left), but the 6 was punched into the die three times: first, too low, then higher, then again slightly to the left!" The repunched 6 is clearly visible on this example, as it is on the JR-3 in the Price Collection. However, the entire date and the stars on the left are all doubled as a result of double striking instead of repunching. We know this is true since the obverse dies of JR-3 and JR-4 are the same, and the JR-3 lacks any similar doubling. The evidence of a double impression should not be considered as evidence of a special strike. Rather, it is along the same lines as later double profiles or modern-day machine doubling.Consignor Commentary. This coin is spectacular. Although several high grade coins exist, this is the finest I have seen. Bolen's was described as Choice to Gem. I saw it and would grade it MS64 or possibly MS65. Eliasberg's was described as MS62/64. I also saw that coin and today would grade it MS64 or MS65. Lovejoy had a nice Uncirculated coin, but nothing special. The Garrett coin was called MS65, and is about equal to the Eliasberg specimen. James Stack had two examples, this coin and one that John Whitney purchased. In the James A. Stack sale, the Whitney coin sold for $28,600 while the present coin sold for $52,250. The marketplace agreed with my own belief that this piece is clearly the finest known 1796 JR-4 dime.Provenance. James A. Stack (Stack's, 1/1990), lot 2; Goldberg Coins (9/2003), lot 241.From The Ed Price Collection.Coin Engraver: Robert ScotShipping: Coins & Currency (view shipping information)Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium with a $9 minimum Buyer's Premium. Please make sure you read the Terms and Conditions before you bid. This lot is being auctioned in conjunction with a live floor auction by Heritage Auctions. All final auction and invoice information will be supplied by Heritage Auctions, and all other information should be considered preliminary. Lot:1411Winning Notification and Billing: After the FINAL session in this auction is complete, Heritage will send e-mail and snail mail invoices. This process normally takes several days. All final auction and invoice information will be supplied by Heritage Auctions, and all other information should be considered preliminary. Second Chance Offers: Heritage does not make Second Chance Offers. Once our auction ends, if you receive a Second Chance Offer to buy this item DO NOT accept the offer. Please forward any Second Chance offer emails received on one of our auctions to eBay's Safe Harbor Department. This auction will be conducted on a live auction floor and over the Internet through eBay Live. If you choose to place an absentee bid, please take a moment to learn how eBay Live absentee bidding works Auction House Info Heritage Auctions 3500 Maple Avenue 17th Floor Dallas, Texas 75219-3941, United States Tel: 214-528-3500 Fax: 214-443-8425 EMail: EbayLive@HeritageAuctions.com CLICK TO Ask a Question ABOUT THE LOT OR AUCTION FOR TECHNICAL SUPPORT CONTACT EBAY LIVE AUCTIONS Terms & Conditions Please view our complete Terms & Conditions at the following web address: http://www.heritageauctions.com/common/images/TermsAndConditions.pdf Auction House Heritage Auction Galleries3500 Maple Avenue17th FloorDallas, TX United States 75219800.872.6467Terms & Conditionshttp://ha.com/common/auction/terms_and_conditions.phpShippingBuyer Pays Shipping CostBuyer's PremiumUSD 0 - USD 999 20 %USD 1000 + 20 %PaymentContact For Payment DetailsTaxesLocal Taxes ApplyContractYour bid is a contract.Place a bid only if you're serious about buying the item. 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