Lot 802
1869 Pattern Dime. Silver, reeded edge. NGC graded Proof 66. Light hint of gold toning deepens to warm russet brown. Struck with meticulous care by the dies in the outer margins and on most legends, although portions of the inner design including the top hair waves and ribbon band were left softer by the imprint of the dies. Pop 3; 1 in 67.
If in a spare moment you will take time to scan the list of the various Pattern coins struck between 1868 and 1871, you will see a large expansion in the number of types. According to historians, Philadelphia Mint officials were petitioned (often behind closed doors) by collectors wanting a piece of the action. Collectors had heard rumors how privileged individuals were receiving these rare and beautiful Pattern issues. Naturally, they wants some of their own; and for a time the Mint Director and his allies obliged. However, things got out of hand. A ruckus was raised (possibly by jealous outsiders), and the practice of providing specimens ended abruptly. Nonetheless, we can thank these ne'er-do-wells of yesteryear who, through their demands for a slice of the Pattern pie, encouraged a larger number of pieces to be struck than would otherwise have been the case. This relative abundance of dates from 1868 to 1871 keeps prices affordable to the average collector.
Estimated Value $1,900 - 2,300.
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| Realized $1,783 |
