Lot 2145
1838-O Liberty Seated Dime. No stars. PCGS graded MS-64 Premium Quality. A very important coin in this grade, and certainly in the top twenty known of the date. Further, this is a rare two year type coin, with the no stars obverse die. Another important feature is that this one came from the first year the New Orleans branch mint opened, and production was limited. Breen notes that two pairs of dime dies were shipped, and coins were struck from May until early 1839. This particular coin shows full luster and just a touch of gold toning, primarily on the reverse. It is fully struck and apparently an early die state, with no cracks present, although the obverse shows some rust or die wear around the periphery. Aside from the initial group of 30 coined, virtually all entered circulation, and most of this date are well worn. Breen notes that very few were saved, and this is a truly rare date in mint state grades. PCGS confirms this in their Population Report, where they note 7 have been graded as MS-64, with just 6 graded higher, all MS-65. Truly a delightful coin and worthy of a gem type collection.
Estimated Value $7,500-UP.
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| Realized $10,925 |
