Goldberg Coins and Collectibles



Sale 63

The Pre-Long Beach Auction of US, World Coins and Currency


Seated Liberty Dimes
 
 
Lot Photo Description Realized
Lot 728
1838. Large stars. No Drapery. . F-111. NGC graded MS-68. A needle sharp strike with fully undisrtrubed frosty white surfaces that are as close to perfection as you will ever see. Interesting obverse die cracks bisect the obverse (see below). This example displays incredibly beautiful luster and is for all intents and purposes tone-free; regarding the surfaces these are devoid of any marks. The design elements complete the scenario demanded by MS68 qualification and are sharply impressed. Quite simply, a beautiful specimen for the connoisseur of Liberty Seated dimes. One which you will not want to miss out on. Pop 2; none finer.

F-111, Rarity-4. Obverse die crack from dentils beneath Liberty's foot, progressing diagonally upward across her legs and torso, terminating in this early state at her shoulder clasp. Additionally, a heavy criss-cross thatch of raised die lines can be seen in and around the bow on the reverse.
Estimated Value $15,000 - 17,000.
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Realized
$13,800
Lot 729
1844. AU-50. Affectionately known as The Little Princess. Natural mottled toning with a small reverse scratch that is barely noticeable. Only 72,500 struck. Consigned too late for 3rd party grading.
Estimated Value $900 - 1,000.
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Realized
$1,006
Lot 730
1859-O. NGC graded MS-66 PQ. CAC Approved. Housed in an Old Holder. Well struck with nice toning. With a low original mintage of 480,000 coins and an equally low rate of survival, it is small wonder that the 1859-O is a scarce coin in Mint State condition. This is among the finest coin known to the major grading services, and it is an outstanding Gem. There is a fine shading of original patina which includes a halo of iridescent silvery blue that clings to the obverse border plus lightly dappled shades inwards to the center of the reverse. The rich endowment of mint frost is full in intensity, and the bold features are free of most blemishes. A significant opportunity for either the O-mint specialist, or the advanced type collector. Pop 13; 4 finer, 3 in 67, 1 in 68.
Estimated Value $2,400 - 2,500.
Ex: Superior May 1994 Auction Lot #517.

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Realized
$3,565
Lot 731
1870. PCGS graded Proof 64 Cameo. Lovely delicate golden toning that adds to its appeal. Only 1,000 Proofs struck. Pop 14; 17 finer (PCGS # 84763) .
Estimated Value $700 - 750.
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Realized
$748
Lot 732
1874. Arrows. NGC graded Proof 66 Cameo. A blazing white Gem Cameo Proof! Only 700 Proofs struck. Originally preserved, the surfaces are intensely reflective with swirling frost on the devices. According to our observations, including the key highpoints of Liberty and the wreath, the strike is above-average, in fact sharp, in all areas. Pop 4; none finer.

Historic account: We might mention that the inflation of the Civil War still had not worked its way out of the economy by the time this coin was struck. In fact, America experienced a sharp business setback in 1873-7, with many who lived through both saying it was far worse than the more famous contraction of 1929-39. Congress found it had once again to adjust the silver content of our coinage in order to retain the 16-to-1 ratio of silver to gold and to keep both metals at par (100%). One can see that mintage of Proofs remained low by today's numbers, while rising dramatically in the currency strikes. The changes made eased the return of small change to circulation during the Reconstruction period.
Estimated Value $5,000 - 5,500.
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Unsold
Lot 733
1874. Arrows. PCGS graded MS-66. A frosty white example with semi reflective surfaces on the obverse. Both sides display the typical "look" for this With Arrows P-mint delivery: thickly frosted surfaces, though slightly reflective, rolling cartwheel effects, and boldly struck frostier devices. A modestly ineffectual imprint was left by the rebound of the dies that struck this Dime as seen in the lack of definition on Liberty's face and the Liberty cap. Most other areas are distinct or nearly so. Scarce two-year Type.

A major problem with pegging silver to gold at 16 to 1 under the Bimetallic system used in the 19th century was that market prices of these metals fluctuated against to each other (as well as against everything else). During each swing, one metal would be out of sync with the other and so people would hoard or export one or the other. Hence, the repeated attempts in 1834, 1853, 1874, to jiggle the silver peg of our coins versus gold. Eventually, the U.S. government switched to a full Gold Standard in the year 1900. After this year, but for many years prior, silver was for all intents and purposes subsidiary to gold. The old familiar 16-to-1 silver-to-gold ratio broke down completely in 1871, with the number of silver ounces required to buy a gold ounce rising steadily. (It touched 100-to-1 in the year 1940!) Pop 19; 8 finer (PCGS # 4668) .
Estimated Value $3,600 - 3,800.
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Lot 734
1879. PCGS graded MS-67 CAC Approved. Well struck and totally white. A splendid brilliant gem specimen, we have every confidence in bidders to assess it's superb quality and then provide a strong market bid. Pop 22; 1 finer in 68 (PCGS # 4687) .
Estimated Value $2,900 - 3,000.
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Lot 735
1886. NGC graded MS-65. Well struck with attractive even toning on both sides. A lovely Legend Obverse Seated dime.
Estimated Value $600 - 650.
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Realized
$575
Lot 736
1889 DDR FS-801. PCGS graded MS-66 CAC Approved. FS-005.3. Double Die Reverse. Lovely multi-color toning. The doubling is most notable on the left side of the wreath where the edges are show clear ghost images. Rare. Pop 1, the only Mint State DDR example graded at PCGS (PCGS # 145504) .
Estimated Value $3,000 - 3,500.
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Lot 737
1890. PCGS graded MS-65. Frosty and white with reflective surfaces. Pop 55; 38 in 66, 3 in 67 (PCGS # 4704) .
Estimated Value $500 - 550.
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Realized
$633






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