LOT Old Heritage Auctions  /  2007 (ANA) Signature Coin Auction #444  / 

1611

1796 10C AU55 PCGS

Currency:USD Category:Coins & Paper Money / US Coins Start Price:17,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1796 10C AU55 PCGS
<B>1796 10C AU55 PCGS.</B></I> JR-5, R.5. JR-5 is one of the two 1796 dime varieties to carry an R.5 rarity rating, and it is unusual in anything approaching the quality of the current coin. This piece, then graded AU50, was cited in the 1984 JR reference as the finest the authors had seen, and it remains perhaps the finest example of the variety available. It is the plate coin for the aforementioned reference, and has passed through storied collections such as the Bareford Collection, the Lovejoy Collection, and, if Wayte Raymond's handwritten entry on an ancient auction envelope is to be believed, the Col. E.H.R. Green collection.<BR> It is interesting to note that this is both a relatively late die state, as evidenced by the vertical die crack that bisects the obverse between 1 o'clock and 5 o'clock, and a substantially prooflike coin, quite possibly also one of the earlier strikes from this die pair. In retrospect, the scarcity of the variety is quite understandable due to the obviously short die life. This is a well-struck coin, with only a small area of bluntness on the highest points of the eagle's chest and leg, as always. A good deal of both luster and reflectivity remain under deep, iridescent toning. Wear is at an absolute minimum, and a few small pinscratches do not detract from the abundant appeal.<BR><I>Ex: An unknown late 1930s Wayte Raymond Sale, Lot 395; Harold Bareford Collection (Stack's, 10/81, lot 132); Allen F. Lovejoy Collection (Stack's, 10/90, lot 6); private collection; American Numismatic Rarities (7/05, lot 977). The original lot tickets from the Raymond sale (including the notes "Ex. Col Green Coll, Very Rare)," the Bareford sale, and the Lovejoy sale are included with this lot, as are annotated envelopes from two previous owners.<BR></B></I><BR><BR><B>Coin Engraver:</B> Robert Scot<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>\)
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