LOT Heritage Rare Coin Galleries  /  2006 October Dallas Signature Coin Auction #428  / 

753

1895 10C MS67 NGC. Lemon shades invigorate the obverse

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1895 10C MS67 NGC. Lemon shades invigorate the obverse
<B>1895<10C> MS67 NGC.</B></I> Lemon shades invigorate the obverse margin, while the portrait and obverse field are cream-gray. The reverse features dappled honey-gold and pearl-gray centers, with champagne patina across the periphery. An intricately struck Superb Gem of this rare issue. Where minute detail is absent, such as on the top of the cap and the portion of the hair ribbon left of the knot, the loss is due to mint lapping of the die, rather than any deficiency in strike. As one would expect from the lofty third party grade, cartwheel luster is dazzling, and it blasts through the attractive and moderate toning. Those in search of marks will be surprised to find that the reverse is pristine, as if the piece had been lifted from the dies by a gloved hand immediately after the strike. The obverse field is also immaculate, and even the portrait, which normally accumulates handling marks from even casual contact, is remarkably smooth.<BR> Such immense quality would be important on a "common" Philadelphia issue, of which there are many in the Barber dime series. However, the 1895 is instead one of the most difficult dates in the series. Mintages at Philadelphia for the type began generously in 1892, with more than 12 million pieces struck. An economic panic (such events are now called "recessions") affected the mintage of subsequent issues. The 1893 had a lesser emission of 3.3 million pieces. For the 1894, mintages declined further to 1.33 million coins. Finally, Philadelphia production bottomed out at 690,000 pieces in 1895. This proved to be the lowest mintage of any P-mint date, most of which had productions above 10 million pieces. Difficult as the 1895 is, the issue has long been in the shadow of the 1895-O, the lowest mintage of the type at any Mint aside from the legendary and virtually non-collectible 1894-S. The 1895 is less rare than the 1895-O, probably because there were more collectors on the East Coast than in the South. But the 1895 emerges as a formidable rarity at the MS67 level, where it becomes a significant player within a competitive Registry holding. Census: 2 in 67, 1 finer (9/06).
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