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首席收藏网 > 数据中心 > Stack's Bowers and Ponterio > SBP-苏富比2016年2月纽约波格集藏III

Lot:3019 1820 Capped Bust Dime. John Reich-10. Rarity-3. Small 0. Mint State-65+ (PCGS).

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USD 20000

SBP-苏富比2016年2月纽约波格集藏III

2016-02-10 08:00:00

2016-02-10 18:00:00

USD 21150

SBP

成交

“Small change, both of silver and copper, may be abundant in Philadelphia, the seat of the mint; but it is not generally so elsewhere. If it were, tickets of 6¼, 10, 12½, 25, and 50 cents, issued by mayors and corporation officers, and dollar bills torn in two pieces, for the purposes of change, would not be employed for that purpose.” — Secretary of the Treasury William H. Crawford, Statements in Relation to the Condition of the Bank of the United States, February 12, 1820 Rich golden toning and relentless satiny luster define both sides of this gem dime. Some deep blue and violet highlights are found on the highest points of Liberty’s lower curls, the stars at right, and the tip of her cap, while deeper autumnal gold frames the right reverse periphery. No marks of consequence are found, just some trivial hairlines at the central obverse and a thin vertical hairline scratch on Liberty’s cheek. The left obverse field and the area off Liberty’s forecurl appear busy, but with a different focus this comes into view as an especially deep clash mark, an outline of the eagle’s wing and the olive leaves that fill the left obverse field. Other clash marks are seen behind Liberty’s head near stars 8 and 9, and more subtly in the usual spots in the fields around the eagle on the reverse. All star centers are well defined except for star 13, and the central devices also show good detail, though some localized softness is seen on the back of the eagle’s neck. The denticles are mostly well defined on both sides. A substantial bulge, evidence of a major depression on the die, is seen around star 13. Smaller bulges are present above the last A in AMERICA, and an arc die crack descends from the denticles above the right side of N of UNITED, connects the top right serif to IT, then touches the upper left corner of E before returning to the denticles above it. The 1820 mintage of dimes marked a turning point in the history of the denomination. Perhaps because of the exasperation of Treasury Secretary William Crawford, who saw small change notes (often called shinplasters) in common circulation instead of U.S. Mint silver coins, the one-year mintage of dimes approached one million pieces for the first time this year. It would eclipse that figure in 1821, and the total for the decade would surpass five million dimes struck. Crawford may have ordered promulgation of a notice that appeared in newspapers nationwide in June 1820, creeping across the country from New York (June 21) to Pittsburgh (July 3) to Nashville (July 5): “In order to disseminate small change as extensively as possible, through the different parts of the United States, the Mint in Philadelphia, will deliver on account of the Bank of the United States, SILVER DISMES [ten cent pieces] to any moderate amount, say for the present, not exceeding 500 dollars, in exchange for any equal amount in silver bullion, or in any foreign silver coins.” Crawford’s hope for greater circulation of United States Mint silver coins seems to have come to fruition. Not only were nearly a million dimes struck in 1820, but most saw extensive circulation. While Large 0 1820 dimes are more plentiful than the Small 0 variety, as offered here, PCGS has certified an 1820 Small 0 dime as Mint State on just 14 occasions. Only three of those have been of gem quality; all others have been graded MS-64 or lower. Most 1820 Small 0 dimes certified as Mint State are from the JR-2 die marriage. This die variety is significantly scarcer in high grade. PCGS# 38788. NGC ID: 236X.

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