Goldberg Coins and Collectibles



Sale 37

Pre-Long Beach Coin and Currency Auction


Draped Bust Dimes
 
 
Lot Photo Description Realized
Lot 1472
1801 Draped Bust Dime. PCGS graded JR-1. EF-45 PQ. Very rare and seldom seen this nice. Lovely toning. The more often seen of the two die varieties for this difficult year, most often heavily abraded or with various shortcomings. This borderline Mint State example is decidedly rare in being a happy exception. Nearly full luster is found under the toning, with the colorful toning forming across the devices. A minor area of striking weakness occurs at the right side of the shield. Condition census, not only for the variety, but for the date as well. Pop 4; 7 finer; 2 in 50; 2 in 55; 1 in 58; 12 in 61. (PCGS # 4471) .
Estimated Value $6,000 - 8,000.
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Lot 1473
1804 Draped Bust Dime. 13 stars. PCGS graded VF-25 JR-1, R-5. Nice origianl light toning. Very rare. Five berries on olive branch. Sharply struck and well centered for this often indifferently made variety. Beautiful warm antique gray with golden accents. Smooth surfaces, choice rims, and free of nicks and scratches. Stars 4, 5, 6 and 10 above the eagle are a trifle weak as always, although fully visible, the others more detailed. As a variety, JR-1 is about twice as common as the 14 star variety. But as a date rarity and as a condition rarity, the 1804 is the key date of this heraldic eagle type (1798-1807) since it is unknown in full Mint State. A prime opportunity for the collector of early dimes. Pop 7; 6 finer. (PCGS # 4474) .
Estimated Value $18,000 - 20,000.
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Realized
$24,150
Lot 1474
1805 Draped Bust Dime. 4 berries. . JR-2. NGC graded JR-2. MS-67 Star
Star.
Wonderful blue and gold toning on both sides. The finest we have ever seen for this date.

Similar in overall quality to the all-brilliant MS67 in the ANR June 2004 sale, but an even more spectacular Gem because of its color. To say that this 1805 dime stands tall and peacock-lovely by virtue of its fabulous deep radiant blue toning is only a start, and despite aesthetic appearances, it is only part of the story. A key feature, but not the only major aspect. The most beautiful quality is that this specimen is far above average in strike, dancing with shimmering mint luster (Elvis Presley shaking his hips could not keep up with its vibrating cartwheel glow). And finally, the coin is remarkable for the 1798-1807 years with draped bust obverse and heraldic eagle reverse, which usually are poorly struck. The present coin is as close to razor-sharp in its details as any serious buyer could want. Most features are strongly defined, and we can say without indecision or faltering that not one in twenty 1805 dimes of this type, regardless of condition, regardless of provenance, can match it in this honor. There are no heavy clash marks present, which is unusual. A remarkable specimen, therefore, tied with one other for finest certified by NGC. A coin that combines high grade, remarkable color, aesthetic appeal without peer, and rarity. Watch this one top the charts! (NGC serial #1972936-001.)

The Draped Bust obverse is by Robert Scot. Reverse with Heraldic Eagle motif. The denomination is not stated on this coin, nor does it appear until the 1809 capped bust series replaces the heraldic eagle Type.

Comments: Dimes of this design circulated heavily in the eastern states during the Jeffersonian period, with the consequence that most seen in the market today are worn. The few Mint State coins, if of decent quality, can be called scarce. (Interestingly, a few reverse dies used to coin dimes of this type were also used to make gold quarter eagles due to their similar diameter, a hint of the frugality we see time and again at the early U.S. Mint.) Pop 2; none finer.
Estimated Value $90,000 - 110,000.
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Realized
$115,000
Lot 1475
1814 Capped Bust Dime. NGC graded MS-67. Silvery-grey with a hint of natural irridescense. A fabulous coin and surely within striking distance of the finest known of the Mint State 67 specimens believed extant of this variety. Silky cartwheel luster blankets both sides with an overlay of mottled russet patina giving the aforementioned irridescence, almost "incandescence"! The only flaw we see on this lovely coin is a slight weakness of strike, most evident on the stars on the right side of the obverse.

On the reverse, that die has cracked from the lowest right olive leaf up through the claw, shield to the eagle's beak. (On a later state than the present coin: The obverse die state has advanced with extensive die clashing before Liberty's face, with the motto above the date, and the eagle's wing outlined in the right obverse field. The obverse die has sunk through the first two stars, weakening that area.) Liberty's clasp is also somewhat weakly impressed as usual for this die pairing. Pop 1; 1 finer in 67 Star.

The website "Coinsite.com" refers to this series in a colorful manner: "This era was one of Rubenesque beauty, as a glance at Scot's dowdy Draped Bust obverse will show. As she first appeared on the 1809 Capped Bust dime, Reich's Liberty was, if anything, a trifle more streamlined than her predecessor. Fifty years later, U.S.Mint writer William Ewing DuBois would claim that the model for all these rather stout, ample-bosomed Liberties was a woman he called "Reich's fat German mistress."

"The reverse bore an American eagle with head turned left, holding three arrows symbolizing strength, and an olive branch representing peace. On its breast is the U.S. Shield composed of six horizontal lines indicating blue, with 13 stripes below, six of these made of three vertical lines indicating red. Such lines were an 18th century engraver's standardized method of showing colors in black-and-white engravings; blue representing dominion, red signifying force, with white denoting purity. Encircling the top of the eagle is the inscription UNITED STATES OF AMERICA, and a scroll with the incuse motto E PLURIBUS UNUM. Beneath the eagle is the denomination 10 C. When grading this series, take into account that weak strikes are common. On the obverse, wear will first show on the drapery at the front of the bust, the hair at the forehead and above the ear and the shoulder clasp. On the reverse, check the eagle's claws, neck, and wings.

"Reich prepared a single steel punch of his Liberty bust, impressing it into each working die by blows of a small hammer. He then impressed each star by eye, seven on Liberty's left, six on her right, placing the date in the space below the bust. Although known as "Large Size," these dimes should more properly be called the "Open Collar" type. They were struck without a restraining collar, giving them a broad, low-rimmed look."
Estimated Value $22,000 - 24,000.
The Greenhill Collection.

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Realized
$27,600
Lot 1476
1836 Capped Bust Dime. PCI graded MS-63. A decent strike and lightly toned. Too many light handling marks. Our grade MS-60 but you be the judge since this is a sharp early Bust Dime that collectors have a difficult time obtaining any choicer.
Estimated Value $600 - 650.
The Greenhill Collection.

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Realized
$805






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