Lot 469
1822 Capped Bust Dime. PCGS graded AU-55. Steel gray and well struck on most of the stars, only the lower ones are weak. Gold toning around the rims, and downright rare in this grade. Frosty luster throughout, and minimal handling marks. A classic rarity that has always commanded a big premium for the date, with a reported mintage of just 100,000 pieces, but very few are found in high grades. In 1984, when the five authors published the wonderful Dime book, they estimated that perhaps 10 exist in uncirculated grades, and another 10 in grades from EF-40 to AU-58. For some reason, most examples of this date are in low grade, and many are damaged. The PCGS Population Report supports these numbers, as only 5 have been graded in Mint State (best MS-63), and 6 are seen in AU-58, and this one alone in AU-55. The numbers fall away after this AU-55, the report then notes 12 have been graded from VG-VF, with none graded between EF-40 and AU-53. An opportunity that knowledgable collectors will truly appreciate.
Estimated Value $3,000 - 4,000.
From the Benson collection and purchased from J. C. Macallister on February 20, 1945 for $100.00.
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| Realized $8,913 |
