2017-09-23 Sat

An MS-64 (NGC) 1797 Draped Bust dime of the JR-2, 13 Stars variety is being offered by Stack’s Bowers at October 2017 Collector’s Choice Online Auction. JR-2 is rarer of the two 1797 dime varieties. The JR-1 variety featured one star for every state in the Union. JR-2 featured only 13 stars and remained the same for more than 100 years.

The offered coin has gold, violet, and powder blue toning. The fields are smooth and shiny while the design elements have a frosty texture. Liberty’s profile, the date and legend feature doubling. The coin is well-preserved with only small ticks here and there. There is an arcing to the right of the date to make for a pedigree marker. Only five Mint State coins of this type exist.

The same example was sold by Pogue in May 2015 sale for $176,250. The offered coin has been seen in a public auction two times in the last 50 years. It was sold at Abe Kosoff’s ANA Auction of August 1968 for $1,704.35.