1919-S 10C, FB MS (PCGS# 4927)

2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    4499
  • Grade:
    MS66 CAC
  • Price:
    $57,500.00
Lot Description
1919-S 10C MS66 Full Bands PCGS. CAC. The 1919-S is among the rarest issues in the series in Gem or finer grades. It is rarer in those grades than the well known 1921 and 1921-D semikey dates, per the PCGS Population Report. In the MS66 Full Bands grade, the 1919-S is exceeded in rarity only by the 1918-D and 1924-D, each of which have two pieces certified by PCGS at that level, with none finer. Like those two issues, the 1919-S has a PCGS population of two pieces in that grade, and a single Full Bands example certified at the MS67 level. The high-grade rarity of the 1919 branch mint issues in the Mercury dime series is consistent with the difficulty of obtaining high-grade examples of the 1919-D and 1919-S in other silver series, such as Standing Liberty quarters and Walking Liberty halves. In each of the three series, the 1919-D and 1919-S are low-mintage, but this only partly explains their high-grade rarity. Collector interest was initially high for the well-designed trio of new designs, introduced in 1916 and, in the case of the quarter, in early 1917. By 1919 their novelty had diminished, and perhaps fewer numismatists were saving examples. The mintage of the 1919-S dime, at 8.85 million examples, did not compel hoarding when compared with the remarkable 264,000-piece production of the 1916-D dime, or the mere 52,000-coin emission of the 1916 Standing Liberty quarter. Concerning the 1919-S dime, David W. Lange writes, "an overall weakness of strike is particularly evident at the periphery of both obverse and reverse." He was certainly not referring to the present Premium Gem, which has a full impression on LIBERTY as well as on the central bands. The mintmark is also bold, and only the base of the date shows any sign of incompleteness. Both fields appear immaculate, and the devices are magnificently preserved as well. Light chestnut-gold and ice-blue toning intermingles across both sides, and a blush of pale rose-red is present on the upper right reverse field
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