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1798 Draped Bust Dime. 98 over 97. 16 stars PCGS MS63

Currency:USD Category:Coins & Paper Money / US Coins Start Price:2,500.00 USD Estimated At:10,000.00 - 15,000.00 USD
1798 Draped Bust Dime. 98 over 97. 16 stars PCGS MS63
JR-1, R.3. After the criticism leveled at earlier designs, the mint's engraver Robert Scot executed a reverse design for the dime that was above reproach, based on the Great Seal of the United States. Scot's heraldic eagle was slightly modified until the series ended in 1807, but in general it was popular enough with both the public and Mint officials that the identical dies that struck dimes were often used to strike similar-sized quarter eagles. The JR reference on the series raises an interesting question regarding this. As it is, there are four reverses used for 1798 dimes, but the JR-1 is the only reverse that was not also used to produce quarter eagles, giving it a singular appeal and importance to collectors.

The JR-1 variety in addition to the distinctive overdate feature, a small 8 over a large 7, also sports 16 stars above the eagle. Well struck overall but a bit softly struck in the centers, as typically seen on JR-1 dimes, the strike is most detailed with crisp definition on all the peripheral stars and legends. Lustrous throughout, the surfaces display smooth mint frostiness, splendid "old silver" patina (not too dark, not too light, but just right) -- and there are no noticeable abrasions on either side. A wonderful example of this first year of the Draped Bust Heraldic Eagle type. (PCGS serial number 8327636.)