2377
1863 10C Ten Cents, Judd-327, Pollock-397, High R.6, P
Currency:USD
Category:Coins & Paper Money
Start Price:1.00 USD
Estimated At:1.00 - 1,000,000.00 USD
SOLD
2,200.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2006 Oct 25 @ 23:19UTC-6 : CST/MDT
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<B>1863<10C> Ten Cents, Judd-327, Pollock-397, High R.6, PR62 NGC.</B></I> The obverse depicts a Union shield pierced by two arrows, a simple wreath rests above. The remainder of the design consists of token-like legends: EXCHANGED FOR U.S. NOTES on the obverse, POSTAL CURRENCY ACT JULY 1862 and 10 CENTS 1863 on the reverse. Struck in aluminum with a plain edge. This pattern represents an early attempt to replace fractional currency pieces in circulation. Eventually, the two cent piece, three cent nickel, and Shield nickel were introduced for this purpose. The brilliant surfaces are lightly hairlined and there are several peripheral die cracks around the obverse. An important and historic pattern issue.
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