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Sale 7
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Lot 587
THE COIN WITHOUT A COUNTRY. PCGS graded Proof 63. Always a popular issue, the "Transitional" name is given because the design of the dime was changed from 1859 to 1860 where the name of our country was moved from the reverse to the obverse. This curious pattern issue was struck using the new reverse die for 1860 and the old style obverse of 1859, with stars surrounding Liberty. Hence, UNITED STATES OF AMERICA does not appear on the coin. Listed in the Guide Book for many years has keep constant pressure on the few available. PCGS has graded a total of 12 coins of this famous design, with 3 in this grade and the rest in higher grades. The coin is bright and untoned and is exceptionally sharp. We note a strong raised fin or knife edge surrounding parts of the obverse as the dies really pounded this coin to bring up the design elements so perfectly. There are some moderate hairlines which account for the grade, but no signs of mishandling otherwise. In order to track this coin into its numismatic future, we note a tiny planchet flake in the field near the right ribbon point on the reverse and a couple of very microscopic specks in the field midway between the second and third obverse stars and Liberty's right arm (viewers left).
An important offering that represents an opportunity to purchase an extremely rare coin with quite a wonderful story. The coin without a country.
Estimated Value $10,000-UP.
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| Realized $11,500 |
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