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Sale 72
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Lot 1245
1800. . JR-2. Rarity-5. PCGS graded MS-63 CAC Approved. Beautiful steel blue toning with semi reflective fields. As an issue, the 1800 is one of the more underrated coins in the Draped Bust Dime series of 1796-1807. Survivors from an approximate mintage of just 21,760 pieces tend to be more elusive than most collectors (and even many numismatic professionals) realize, and the issue just does not appear at auction all that often. Of the two die marriages known to exist, JR-2 is rarer in an absolute sense, yet about as rare as JR-1 when we consider only Mint State examples.
According to the John Reich Collectors Society (Early United States Dimes: 1796-1807) only five examples of the 1800 JR-2 Dime are believed extant in Mint State. Whether or not the authors were aware of the present example when their 1984 reference went to print is not known to us, but there is no doubt that this coin is in very select company among survivors of this elusive die variety. A lovely piece, both sides exhibit soft silvery-blue undertones that backlight touches of delicate colored patination. The strike is a bit soft in the centers, as noted on the lovelock curl, but also in certain areas on the reverse, such as the neck and eagle’s breast with associated weakness on U of UNUM, but the overall impression is still appreciably sharp for a product of the early United States Mint. Satin-to-semi-Prooflike luster radiates forcefully as the coin rotates under a light. More importantly, there are no outwardly distracting abrasions to inhibit the eye appeal. An important prize for both the better-date type collector and the numismatist who specializes in Bust coinage. Pop 1; 1 in 63+, 1 in 64, 1 in 65, 1 in 66. (PCGS # 4470) .
For much of January and February, 1800, tributes to George Washington were held in cities and towns in the various states. Mason Locke Weems, an Episcopal clergyman, published The Life and Memorable Actions of George Washington, which went into multiple editions, the fifth of which (published in 1806) included the fanciful tale of young Washington and the cherry tree. Much of Weems' fiction passed into popular folklore. Hymns and Odes Composed on the Death of General George Washington, was published and included contributions from many sources, including Thomas Paine.
In the presidential election that year, Democratic-Republican Thomas Jefferson won 73 Electoral College votes as did Aaron Burr, followed by 65 for President John Adams and 64 for Charles Pinckney. After many more ballots, the opposition of Alexander Hamilton to Burr swung the majority to Jefferson's side in February 1801.
During the summer of 1800, the capital of the United States was moved from New York City to Washington, D.C., with 123 federal clerks participating in the move. Congress met in Washington for the first time on November 17, 1800, the same day President John Adams moved into the White House.
Estimated Value $45,000 - 50,000.
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| Realized $51,750 |
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