1846 10C AU58 Certification #21392993, PCGS #4588
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
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!