Goldberg Coins and Collectibles



Sale 81

The Pre-Long Beach Sale


Seated Liberty Dimes
 
 
Lot Photo Description Realized
Lot 760
1838-O. No Stars. PCGS graded MS-64. Nice light toning on both sides. A rare coin. This is a very rare issue in choice condition. Most survivors grade below Extremely Fine and even the occasional About Uncirculated examples are rare. The present specimen is very carefully made with lovely original "old silver" toning. The fields are nearly gem quality; the piece has wonderful eye appeal. Combine that with the outstanding engraver who designed it, and the coin becomes even more highly desirable. One year type from the New Orleans Mint and the first year of issue of Gobrecht's Liberty Seated type from this southern mint. Pop 13; 5 finer in 65. (PCGS # 4564) .
Estimated Value $9,000 - 10,000.
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Lot 761
1844. Sharpness of Fine, cleaned long time ago. Only 72,500 minted, about on par in terms of mintage with the much more expensive 1901-S Barber quarter (in a more popular series). Yet this 1844 Seated Dime had many more decades of attrition and loss. A substantial value at our conservative estimate, wouldn't you say?
Estimated Value $300 - 350.
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Lot 762
1854. PCGS graded Proof 64. Nicely toned and boldly struck. Only 15 minted with 8 to 10 examples estimated to have survived. The surfaces display natural light to medium gray patina with traces of russet, rocking with smooth originality, and quite bold looking. In fairness to objectivity, the luster isn't the be-all and end-all of the grade but it counts for a lot. Consider strike: a razors edge sharp impression was left after the recoil of the dies that struck this handsome With Arrows Dime Proof. Very rare, there are very few Proof offerings of this date and often a long wait is in store if you desire one. Beginning in 1854 the Mint increased production of Proof sets to meet the rising demand from new collectors, fascinated with the hobby after widespread publicity called attention to the coinage changes of 1853 (i.e., increase in weight and the addition of arrows beside the date to signify the change). Where the Mint used to make only 10 to 15 Proof sets annually in the 1840s and early 1850s, in 1854 it increased output to perhaps 25 to 30 sets. Demand continued to mount in the years following, however; the Mint responded with uncommon promptness, so much so that by 1858 over 300 Proof Dimes were coined! This example of the rare 1854 issue is A no-questions original coin for the Type collector who demands the utmost in technical quality and aesthetic appeal. Pop 3; 3 finer in 65. (PCGS # 4743) .
Estimated Value $11,000 - 12,000.
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Lot 763
1873. Arrows. NGC graded Proof 66 Cameo. Fully struck and fully brilliant white. Only 800 struck. Since a vibrant and highly lustrous Gem whose rush of brilliance shows this has exquisitely preserved surfaces, it should come as no surprise that both sides were struck with methodical precision throughout. Proof Seated Dime coinage prior to 1880 was struck using the Mints venerable screw press which gave a satisfying result from a smooth "squeeze" upon the dies when the upper die came down with accelerating force yet precision upon the lower die.

Like its Stars Obverse predecessor, the Proof Legend Obverse Seated Dime series spans two noncontiguous time periods. The latter type was produced in the Philadelphia Mint from 1860-73, and then again from 1875 through the series' end in 1891. (The brief gap was due to the addition of arrows on both sides of the obverse date in 1873-74 in order to signify a slight weight increase for the denomination.) Examples of this With Arrows type are the most desirable Proof Legend Obverse Seated Dimes in today's market, and they are eagerly sought by collectors and investors alike. Pop 3; 3 finer, 2 in 67, 1 in 67 Star.
Estimated Value $6,500 - 7,000.
Ex The Kenneco Collection.

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Lot 764
1873-S. Arrows. PCGS graded MS-64. Lightly tone. A relatively scarce year and mint with an original mintage of 455,000 pieces. The PCGS service shows a combined 14 certified in near-Gem MS64. Well frosted and lustrous surfaces are overlain by a thin layer of light russet-gray patina, while the design elements are better than average though by no means boldly struck. Portions of the shield at upper left show some blurring, as do the denticles on either side. Possibly this resulted from the dies being worn. No significant marks are noted over either side, we should mention.

Prior to 1861, the U.S. had a bimetallic system where both gold and silver were money at a fixed exchange ratio of 16:1, silver to gold. In 1873, Congress decided to demonetize silver and to make it "subsidiary;" from the time that hard money circulation was resumed in 1879, until 1933, the United States, like the rest of the developed world nations of the day, was on the gold standard.

As in the case of the 1853-5 "With Arrows" silver coins, arrows were again added to the obverses of the coins to facilitate the sorting of the old weight coins (those struck prior to the April 1873 Mint Act) from the new weight coins. This was mostly a matter of expedience at the Mint and Treasury. According to Bowers, "after April 1, no more of the old weight coins could be released, as they were now of illegal weight under the new measure. The arrows enabled Mint and Treasury personnel to readily distinguish the new coins, which were to be shipped out immediately, from the old coins, which were to be held back, eventually to be melted. There was no widespread attempt to call in the old weight coins already in circulation. This would have proved unfeasible, in any case, since millions had been issued and most were in the hands of hoarders or else were circulating outside of the country, and would not have been turned in even if the order to do so had been given. Instead, the old and new weight coins passed at equal values and it took many years before the old coins were completely retired from circulation. Pop 14; 2 finer in 65. (PCGS # 4667) .
Estimated Value $2,900 - 3,000.
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Lot 765
1876. NGC graded Proof 65. Wonderful electric blue toning. Gleaming gem surfaces that includes a bold Proof strike. Only 1,150 struck. Pop 19; 10 finer at NGC.
Estimated Value $1,100 - 1,200.
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Lot 766
1878-CC. NGC graded MS-62. Lightly toned. Frosty and original. Much scarcer than the 1875-77 Dimes from this branch mint, though surpassed in rarity by the famous 1871-CC to 1874-CC issues. Final year that Seated Dimes were struck at Carson City. Pop 3; 41 finer at NGC.
Estimated Value $900 - 1,000.
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Realized
$1,293
Lot 767
1885. PCGS graded Proof 67. Lovely blue and gold toning. Superb! Pleasant deeply toned mirror surfaces display lots of reflection and flash. If one were to take a poll, we'd see that the strike is right up standard for the Proof issues of the 1880s in being razor sharp with the excellent metal flows on both sides into the deepest die recesses; in other words, a very bold strike. Only 930 minted. Pop 7; 4 finer, 2 in 67+, 2 in 68 (PCGS # 4782) .
Estimated Value $2,500-UP.
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Lot 768
  A lot of Seated Liberty Dimes. 1854 Arrows through 1891-S. Coins will grade AG to VF. Lot of 9 coins.
Estimated Value $60 - 70.
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Realized
$94






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