Lot 762
1854. PCGS graded Proof 64. Nicely toned and boldly struck. Only 15 minted with 8 to 10 examples estimated to have survived. The surfaces display natural light to medium gray patina with traces of russet, rocking with smooth originality, and quite bold looking. In fairness to objectivity, the luster isn't the be-all and end-all of the grade but it counts for a lot. Consider strike: a razor’s edge sharp impression was left after the recoil of the dies that struck this handsome With Arrows Dime Proof. Very rare, there are very few Proof offerings of this date and often a long wait is in store if you desire one. Beginning in 1854 the Mint increased production of Proof sets to meet the rising demand from new collectors, fascinated with the hobby after widespread publicity called attention to the coinage changes of 1853 (i.e., increase in weight and the addition of arrows beside the date to signify the change). Where the Mint used to make only 10 to 15 Proof sets annually in the 1840s and early 1850s, in 1854 it increased output to perhaps 25 to 30 sets. Demand continued to mount in the years following, however; the Mint responded with uncommon promptness, so much so that by 1858 over 300 Proof Dimes were coined! This example of the rare 1854 issue is A no-questions original coin for the Type collector who demands the utmost in technical quality and aesthetic appeal. Pop 3; 3 finer in 65. (PCGS # 4743) .
Estimated Value $11,000 - 12,000.
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