Heritage World Coin Auctions
ANA Signature US Coin Sale 1258 2-6 Aug 2017
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Patterns
1863 10C Ten Cents, Judd-327, Pollock-397, High R.6, PR66 NGC. 8 grains. The obverse depicts a Union shield pierced by two arrows; a simple wreath rests above. The remainder of the design consists of token-like legends; EXCHANGED FOR U.S. NOTES on the obverse, POSTAL CURRENCY ACT JULY 1862 and 10 CENTS 1863 on the reverse. Struck in aluminum (mostly) with a plain edge. The actual composition of this pattern as determined by SEM-EDX testing (conducted by Ledoux & Company on certificate number 1285227-001) is 96.6% aluminum, 2.3% iron, 0.9% silicon, and 0.1% lead. Many aluminum and tin patterns are actually alloyed with a small amount of silicon which hardens the resultant alloy and helps preserve the surfaces. This is a remarkably bright example of aluminum coinage with no areas of oxidation present. A shallow, irregular area of planchet roughness is observed between the 1 in the date and CT of ACT. This is believed to be one of the 1863-dated presentation coins delivered to Salmon P. Chase. In 1863 aluminum was still an expensive metal. This piece had an intrinsic value of five cents, yet it weighed just a twentieth of a silver dime that was worth ten cents.
Ex: Lester Merkin to Milton R. Friedberg via private treaty in 1967; Long Beach and Cherry Hill Collection (NERCA, 6/1981), lot 963; Auction '90 (Superior's session, 8/1990), lot 1411; Larry Shepherd Collection (Superior, 8/1991), lot 914; eBay Auction (TAGZ, 12/2000); Superior (2/2001), lot 5123; David Cassel Collection (Heritage, 8/2015), lot 5938, which realized $4,935.
HID02901242017
1863 10C Ten Cents, Judd-327, Pollock-397, High R.6, PR66 NGC. 8 grains. The obverse depicts a Union shield pierced by two arrows; a simple wreath rests above. The remainder of the design consists of token-like legends; EXCHANGED FOR U.S. NOTES on the obverse, POSTAL CURRENCY ACT JULY 1862 and 10 CENTS 1863 on the reverse. Struck in aluminum (mostly) with a plain edge. The actual composition of this pattern as determined by SEM-EDX testing (conducted by Ledoux & Company on certificate number 1285227-001) is 96.6% aluminum, 2.3% iron, 0.9% silicon, and 0.1% lead. Many aluminum and tin patterns are actually alloyed with a small amount of silicon which hardens the resultant alloy and helps preserve the surfaces. This is a remarkably bright example of aluminum coinage with no areas of oxidation present. A shallow, irregular area of planchet roughness is observed between the 1 in the date and CT of ACT. This is believed to be one of the 1863-dated presentation coins delivered to Salmon P. Chase. In 1863 aluminum was still an expensive metal. This piece had an intrinsic value of five cents, yet it weighed just a twentieth of a silver dime that was worth ten cents.
Ex: Lester Merkin to Milton R. Friedberg via private treaty in 1967; Long Beach and Cherry Hill Collection (NERCA, 6/1981), lot 963; Auction '90 (Superior's session, 8/1990), lot 1411; Larry Shepherd Collection (Superior, 8/1991), lot 914; eBay Auction (TAGZ, 12/2000); Superior (2/2001), lot 5123; David Cassel Collection (Heritage, 8/2015), lot 5938, which realized $4,935.
HID02901242017