Lot 2121
1824 Capped Bust Dime. 4 over 2. Fine-12. This specimen shows silvery gray tones, and the surfaces show light pin scratches hidden on Liberty, and a few more below the eagle's neck on the left. We also note a few trivial scratches near the rim above star two. These scratches are minor, and not very distracting. An important and rare coin that is seldom offered.
Collectors of Capped Bust dimes by variety know how hard it is to find a high or even moderate grade 1824. Most of these circulated down to lower grades, similar to the 1822s, which are seldom found in grades above Fine. The 1824 JR-2 variety was discovered by the late numismatist H. Roland Willasch in 1982 when he was comparing a recent 1824 dime purchase to the one in his collection. The reverse die didn't match up, and soon it was determined that the reverse on the 1824 JR-2 dime was used on 1825 dimes as reverse "D". After the 1984 publication of Early United States Dimes 1796 - 1837 the search was on for this variety. In the 20 years since the discovery, this variety remains very difficult to locate, and virtually all are in grades of Very Good or below. The rare reverse is quickly distinguishable by the curved top serif of the 1 in 10 C., while the more common 1824 reverse shows a flat serif at the top of 1. After years and years of census reporting and searching by dozens of dime enthusiasts, this variety remains one of the scarcest of the Capped Bust dime series, and all specimens are eagerly sought-after by variety collectors. We anticipate some well deserved collector bidding when this coin crosses the block.
Estimated Value $400-UP.
Purchased from Coin Galleries Sale, July 14, 1993, as lot 2264.
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| Realized $949 |
