LOT Old Heritage Auctions  /  2008 April Rosemont, IL (CSNS) US Coin #1104  / 

2374

1839 10C No Drapery PR66 NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:20,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1839 10C No Drapery PR66 NGC
<B>1839 10C No Drapery PR66 NGC.</B></I> Ex: Lovejoy-Kaufman. This extraordinarily scarce 1839 dime is a featured rarity in the Kaufman collection. Purchased from the Allen F. Lovejoy Collection its one the finest<B> </B></I>of five or six known proofs. Indeed, it is two full points better than the second-place entry in our roster, although one other coin appears on the NGC Census Report as PR65.<BR> NGC and PCGS have reported a total of six 1839 proof dimes, including possible resubmissions. The NGC-graded PR66 Kaufman example is the finest certified, followed by an NGC PR65. That service has also certified a PR62 specimen. PCGS has graded two pieces as PR64, and one as PR62.<BR> Our roster of five different examples is in line with estimates of previous authors. Walter Breen estimates "possibly three proofs" in his <I>Complete Encyclopedia of U.S. and Colonial Coins</B></I> (1988), and the Bowers and Merena cataloger of the Eliasberg specimen (referenced below) suggests three to five known examples.<BR><BR><B> 1. PR66 NGC.</B></I> <B>The Kaufman coin.</B></I> 1976 ANA Sale (Stack's, 8/1976), lot 816; Allen F. Lovejoy (Stack's, 10/1990), lot 184. It is fascinating that the physical coin matches both plates, but the two plates do not seem to match when compared side-by-side.<BR><B> 2. PR64 PCGS.</B></I> Louis E. Eliasberg, Sr. (Bowers and Merena, 5/1996), lot 1114; Long Beach Connoisseur Collection (Bowers and Merena, 8/1999), lot 103; Richmond Collection (David Lawrence, 3/2005), lot 1234.<BR><B> 3. Choice Proof.</B></I> Hans M.F. Schulman (4/1951), lot 1206; Stack's (1/1991), lot 203.<BR> <B>4. PR64.</B></I> Superior (6/2002), lot 4157. This piece has a carbon spot in the upper reverse field.<BR> <B>5. PR62 PCGS.</B></I> Jascha Heifetz Collection (Superior, 10/1989), lot 3546.<BR><BR> Additional appearances:<BR> A. New Netherlands (47th Sale), lot 1629, impaired according to Walter Breen.<BR> B. Virgil Brand; New Netherlands (12/1958), lot 444. This example does not appear to match any of those listed above, and is possibly a sixth specimen.<BR><BR> Medium cobalt-blue toning resides in the open fields of this lovely Premium Gem, changing to violet hues in the areas immediately adjacent to the design elements. The devices are mostly silver-gray, with occasional splashes of blue, especially on the Liberty motif. In addition to the alluring coloration of the impeccably preserved surfaces, a bold strike imparts excellent definition to the design elements. The only identification mark is concealed within the toning beneath the O in ONE.<BR><I>From The Phil Kaufman Collection of Early Seated Proof Sets, Part Three.</B></I><BR><BR><B>Coin Engraver:</B> Christian Gobrecht<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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