Coins Certified as of 12/1

My Coin #21392993

1846 10C AU58

PCGS#: 4588

Owner's Comments

Mintage: 31,300
Obverse Dies: 2 Known

Only one obverse die (Obverse 1) was used for business strikes while a second obverse is seen on proof coinage. On business strikes, the 6 digit in the date has a defect between the upper loop's ball and the upper section of the lower loop. The space between the crossbar of the 4 digit and the bottom feet is partially filled. Liberty's fingers, on the right hand grasping the pole, are poorly defined. The die area between the toe and adjacent denticle appears to be defective. Die chips are found around all stars with Stars 3, 4, 5, 6 and 13 exhibiting the boldest die chips. The date on business strikes is level while on proofs (Obverse 2), the date slopes downward. Ahwash indicates that Reverse A has repunching in the legend with die cracks from the rim to the tops of (A)ME(R)I(CA). A close inspection of the plate coin revealed the presence of die lines from the tops of (A)ME(R)ICA to the rim.

Plate Coin: Fortin 101, Condition Census Example, Proof Like Surfaces and Well Struck, A Choice Example of the Elusive 1846 Date In High Grade

Expert Comments

Ron Guth: The 1846 Dime is one of the key rarities among Seated Liberty coins.  The mintage is just over 31,000 coins, which automatically places it in a special category, but the extreme rarity of Mint State examples makes this date even more desirable.  Eugene Gardner's coin, one of two PCGS MS63s, sold in a 2014 Heritage sale for $47,000.  In Gardner's commentary, he wrote that his coin was the only PCGS MS63 for many years, but that the population had increased with the addition of another PCGS MS63, plus an NGC MS61.  However, Gardner's example did not set the record price for this date.  That benchmark was set in 1999 when the other PCGS MS63 sold for $86,250.  What is interesting to note is that there are more Proof 1846 Dimes than Mint State examples!

Diameter: 17.90 millimeters Designer: Robert Ball Hughes/Christian Gobrecht Edge: Reeded
Mintage: 31,300 Weight: 2.67 grams Metal Content: 90% Silver, 10% Copper

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 500 R-6.0 20 / 34 TIE 57 / 122 TIE
60 or Better 4 R-9.8 2 / 34 TIE 3 / 122 TIE
65 or Better 0 R-10.1 1 / 34 1 / 122

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS63 PCGS grade  

Findley Collection - Heritage 1/2009:3684, $86,250

1 MS63 PCGS grade  

Pennsylvania Cabinet - Bowers & Merena 1/1999:1085, $8,050 - Bill Nagle, sold privately in 3/2003 - Eugene H. Gardner Collection - Heritage 6/2014:30250, $47,000

1 MS63 estimated grade  

Waldo E. "Pat" Bolen, Jr. Collection - Stack's/RARCOA/Akers “Numisma ‘95” 11/1995:2077, $7,700

4 AU58 PCGS grade  
4 AU58 PCGS grade