1798/7 10C 16 Star Reverse Draped Bust Dime
Description The 1798/7 10C, 16 Star Reverse Dime is a fascinating coin for collectors due to its historical significance and unique attributes. This specific dime variant is distinguished by an overdate where the 7 in the date was punched over an 8. Specifically, the reverse of this coin displays 16 stars, adapting the number of stars to represent each state within the union at that time. This is a numismatic treasure, reflecting the rapid growth and expansion of the United States during the 18th century.
Historical Context
The early U.S. Mint in Philadelphia, where the coin was produced, was learning to keep up with demands and changes. In 1798, Tennessee was admitted as the 16th state, hence the change in the number of stars on the reverse. The presence of an overdate additionally signifies the U.S. Mint's practical approach to using leftover dies, a common practice during the early years of minting.
Rarity and Mintage
The 1798/7 10C 16 Star Reverse is considered a scarce coin, given the small mintage numbers and the intricacies of its design. The exact mintage is estimated at 27,550 for the 1798 dime, but the overdate and 16-star variety represents only a fraction of this production. Such mintage levels inherently make it a rare find today.
Value
The value of the 1798/7 10C 16 Star Reverse Dime is notably high due to its rarity and historical significance. Prices vary widely based on condition, provenance, and other factors. In recent auctions, coins in lower grades can fetch several thousand dollars, whereas those preserved in exceptional condition can escalate to tens of thousands. For example, a high-grade specimen might realize over $30,000 at auction, particularly if the coin has a desirable provenance or has been certified by a respected agency.
Auction Records
Analyzing specific sales records reveals the continuous interest this coin garners within the numismatic community. These dimes have consistently realized sizeable auction prices, often exceeding estimates primarily due to collectors’ enthusiasm for overdates and historical U.S. coinage.
PCGS Information
According to PCGS CoinFacts, the PCGS # for this coin is 4461. This reference number assists in identifying this coin variant efficiently among collectors and within databases, providing detailed specifications and historical data tailored to numismatists' needs.
CoinFacts Resources
CoinFacts expands on the significance of the 1798/7 10C 16 Star Reverse Dime by preserving a thorough database of auction results and providing detailed population reports. This informs collectors and investors about the coin's condition census and existence in various grades. The 1798/7 10C 16 Star Reverse Dime epitomizes early American minting artistry and historical evolution, celebrating a growing nation through its numismatic narrative. Collectors value it not only for its aesthetic and historical qualities but also for the story it tells about early American resilience and growth.
