1801 Draped Bust Dime

Discussion in 'US Coins Forum' started by Eduard, Apr 4, 2018.

  1. Eduard

    Eduard Supporter**

    There are only two die varieties of 1801 Dimes, JR-1 and JR-2.
    This is an example of JR-2, and the scarcer of the two varieties at R-5. On this variety star 4 is usually very weak, or non-existent. There are, of course, many other die characteristics. I tend to go by the unusually large 'T's' in 'States'.

    Looking forward to your comments and opinions on grade.

    Thanks!

    1801 Dime JR-2 Obv1 n - 1.jpg 1801 Dime JR-2 Obv2 n - 1.jpg 1801 Dime JR-2 Rev1 n - 1.jpg 1801 Dime JR-2 Rev2 n - 1.jpg
     
    Last edited: Apr 4, 2018
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  3. Roman Collector

    Roman Collector Well-Known Member

    Lovely example of this scarce issue. No comments from me as to grade, but it sure has eye-appeal!
     
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  4. SPC CENTS

    SPC CENTS Hammering slabs

    I agree. Your coin is very appealing. I find it interesting that it does not display the denomination. If you hadn't said it was a dime, I wouldn't have known.
     
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  5. kaparthy

    kaparthy Well-Known Member

    Very nice coin, of course! Based on the detail missing from the hair of Miss Liberty on the obverse, I judged it VF right away. But looking more carefully at all of the coin on both sides, and consulting the ANA Grading Guide, it is higher, for sure, but I am having a hard time getting to XF. VF-35.

    I could go with Extremely Fine if there were some standard for grading the series differently than others. It just seems to me that the height of Miss Liberty protects much of the detail on the other devices and mottoes. What do the certified populations look like in this series?
     
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  6. kaparthy

    kaparthy Well-Known Member

    That touches on the very definition of "coin."
    In "Numismatic News" for July 5, 1994, Alan Herbert
    claimed that the US Mint holds legal title to the word "coin."
    He said: "The term 'coin' has been legally and professionally
    banned for use in the hobby to prevent applying it to
    medals, tokens and other similar pieces. A coin is defined
    as a piece that has been issued and is assigned a specific
    value by a legal body entitled to issue money."

    (Originally here http://www.coinbooks.org/esylum_v08n04a24.html
    Archived also here: https://nnp.wustl.edu/library/periodical/4451 )

    But many early US Federal coins did not state a specific value. And, of course, the UK Gold Sovereign still does not.

    As an aside, word "dime" originally was spelled "disme" was pronounced "deem." It seems unusual to us, but tens arithmetic for money was specifically advocated only about 1600. Even into the mid-1800s, the German thaler was often divided into halves, thirds, and quarters, with the 12th being the common denominator, of course. And we have the US Quarter Dollar, of course, the 20-cent piece being a short-lived experiment.

    "Although he did not invent decimals (they had been used by the Arabs and the Chinese long before Stevin's time) he [Simon Stevin] did introduce their use in mathematics in Europe. Stevin states that the universal introduction of decimal coinage, measures and weights would only be a matter of time (but he probably would be amazed to know that in the 21st century some countries still resist adopting decimal systems). Robert Norton published an English translation of La Theinde in London in 1608. It was titled Disme, The Arts of Tenths or Decimal Arithmetike and it was this translation which inspired Thomas Jefferson to propose a decimal currency for the United States (note that one tenth of a dollar is still called a dime). Stevin's notation was to be taken up by Clavius and Napier and it developed into that used today." -- http://www-groups.dcs.st-and.ac.uk/history/Biographies/Stevin.html
     
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  7. messydesk

    messydesk Well-Known Member

    Very nice coin. I'm at VF30. As with @kaparthy, first impression was VF, and the inner wing detail is really nice. I found this XF in Heritage's archives, and this one noticeably falls short. Less hair detail, less wing detail, clouds worn into wings.
     
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  8. C-B-D

    C-B-D Well-Known Member

    VF25.
     
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  9. micbraun

    micbraun coindiccted

    Wow, Eduard, where do you find all those early US coins...???
     
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  10. ldhair

    ldhair Clean Supporter

    I'll go with VF30.
     
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  11. JPeace$

    JPeace$ Coinaholic

    Very nice coin. I thought the weakness of S4 to be very cool on the reverse.
     
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  12. Eduard

    Eduard Supporter**

    Thank you, all, for your opinions. Much appreciated.
    My own estimation is VF25. The reverse a little better as some mentioned, but the obverse would carry it I guess.

    This is one of a few coins I obtained from J. Kern in the 80's/90's. Some of you may know him. I think he carries mostly ancients and world nowadays, but back then he used to always have a very nice selection of early U.S coinage. Fair prices, accurate descriptions and conservative grading.
     
    Last edited: Apr 5, 2018
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  13. mark_h

    mark_h Somewhere over the rainbow

    Nice addition and I like the grade around Vf30.
     
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