Lot 1173
1831 JR-2, Rarity 7 as a Proof. PCGS graded Proof 65 Cameo. This is a wonderfully preserved Gem proof with full, sharp definition throughout including the portrait, stars, and eagle on the reverse. The denticles are sharply squared off, unlike on business strikes which tend to show a slope between the denticle edge and the field. A sharp wire edge is also present indicating multiple blows of the coining press. Some mottled purple and russet color overlays portions of the reflective fields, while the borders exhibit deep sea-green shades, also in an irregular fashion. The toning pattern must identify the specimen, since there are no visible detractions.
Early United States Dimes, published in 1984 by the John Reich Collectors Society stated that JR-2 "… at least three proofs have been seen from this pair of dies." In the 1992 Stack's auction of the legendary Floyd T. Starr collection, the cataloger noted for lot 356, "fewer than 10 proofs are believed to survive. Missing from the Bareford, Hawn, and Garrett sales." Currently, our research indicates about 20 pieces were originally coined, about 15 of those still exist as identifiable proofs. This specimen is high in the Condition Census. Certainly an important offering for the seasoned numismatist. Pop 1; 1 finer in 66.
Estimated Value $45,000 - 50,000.
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| Realized $44,650 |
