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1822 JR.1 (R-3). Gem Brilliant Uncirculated

From Stack's March 2006 Auction, Session 3 on Mar 9, 2006

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Categories  •  Stack's March 2006 The Northern Bay Collection, Part 2 U. S. Dimes U. S. Capped Bust Dimes
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1822 JR.1 (R-3). Gem Brilliant Uncirculated. A stunning example of this elusive date and certainly...1822 JR.1 (R-3). Gem Brilliant Uncirculated. A stunning example of this elusive date and certainly close to if not The Finest Known. Mintage for the year was reported to be 100,000 pieces, although given the number that survive this figure may be too high or the mintage may have included coins dated 1821. Years of study have concluded that the 1822 Dime is the rarest Capped Bust Dime from 1809 through 1837, and one of the most difficult issues to find in high grade. In 1984 the authors of Early United States Dimes 1796-1837 estimated that ''at least ten specimens exist in MS-60 or better condition.'' and this estimate has held up well over the past two decades. Today perhaps 15 to 20 are known that qualify as Uncirculated.

The present coin is bathed in mint lustre and toned with attractive and delicate gold peripheral toning. Sharply struck on all of Liberty's curls and the eagle's feathers and claws, and the only trace of weakness resides on the first and last stars, which lack their central radial lines, and around the dentils. For identification purposes there is a very minor hairline which extends from the field near the fifth star nearly to Liberty's forecurl, but is visible only at certain angles. No other surface marks present themselves under scrutiny. Both dies show single faint clashmarks in the fields. A phenomenal Gem for the specialist which has been off the market for decades, and presents an opportunity which will not soon be repeated. Two Proofs are known, with a third reported of this date. A memorable highlight of this extensive collection.

Lot # 4173 Session 3
Hammer Price: $130,000.00

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