1796 10C MS65

CERTIFICATION#: -24843
PCGS#: 4461

Owner's Comments

Estimated grade. Sold by Bowers & Ruddy Oct '80 Price realized $38000

Expert Comments

Ron Howard: My favorite regular-issue U.S. coin is the coin PCGS graded MS 68. It is, in my opinion, unmatchable for its combination of originality, preservation, and historic numismatic significance.Ron Guth:

Varieties (6):
JR-1 - Scarce
JR-2 - Very Scarce
JR-3 - Rare
JR-4 - Very Scarce
JR-5 - Rare
JR-6 - Very Scarc


1796 was the first year that Dimes were struck in America.  Six varieties (different die combinations) are known for the year, all of which are either scarce or rare.  1796 Dimes are very rare in Uncirculated condition and most examples fall in the MS-62 to MS-64 range.  Gem and better examples are extremely rare.

Sources and/or recommended reading:
"Early United Dimes 1796-1837" by David J. Davis et al.

Diameter: 19.80 millimeters Designer: Robert Scot Edge: Reeded
Mintage: 22,135 Weight: 2.70 grams Metal Content: 89.2% Silver, 10.8% Copper
12
5,750
10
45+
12,500
50+
15,500
53+
17,500
55+
19,000
58+
22,000
60
24,500
2
62+
33,000
63+
46,000
64+
78,000
65+
135,000
68
850,000
1

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 850 R-5.3 3 / 3 14 / 16
60 or Better 75 R-8.2 3 / 3 11 / 16
65 or Better 18 R-9.2 2 / 3 6 / 16

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS68 PCGS grade

MARCA 1/1988:409 - Heritage 8/2014:5553, $793,125

2 MS67 PCGS grade

Stack’s “Empire” 11/1957:728 - Jimmy Hayes Collection - Stack's 10/1985:16 - John Whitney Walter "Mr. 1796" Collection - Stack's 5/1999:1763 - Eugene H. Gardner Collection - Heritage 6/2014:30229, $881,250

3 MS66 PCGS grade

"Colonel" E.H.R. Green Collection - Partnership of Eric P. Newman & B.G. Johnson (St. Louis Stamp & Coin Co.) - Eric P. Newman, who paid $30 - Eric P. Newman Numismatic Education Society - Heritage 11/2013:33313, $188,000 - Simpson Collection

3 MS66 PCGS grade High Desert Collection (PCGS Set Registry)
3 MS66 PCGS grade