1794 H10C LM-2 MS62 Certification #48019784, PCGS #38582

CoinFacts Details

Expert Comments

Ron Guth

Four die varieties comprise the entire mintage of 1794 Half Dimes, of which the LM-2 is third rarest. In 1998, authors Logan and McCloskey wrote that this variety is "A scarce die marriage that is hard to locate in mint state." In the intervening years, we have identified approximately a dozen Mint State examples ranging from a low of NGC MS60 to a high of NGC SP66. In looking at many of these Uncirculated examples, we note weakness in the details on the upper section of the eagle's right wing (viewer's left) and in the lower hair curls on the obverse (two ares that oppose each other in the dies). The stars are inherently spindly, so they usually strike up nicely. Adjustment marks are rarely seen on this variety and the overall appearance of coins struck from these dies is generally good.

PCGS #

38582

Designer

Robert Scot

Edge

Reeded

Diameter

16.50 millimeters

Weight

1.35 grams

Mintage

7756

Metal

89.2% Silver, 10.8% Copper

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Region

The United States of America

Price Guide

PCGS Population

Auctions - PCGS Graded

Auctions - NGC Graded

Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity by Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity by Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
65 or Better	60	R-8.4	1 / 2	1 / 2
All Grades	2	R-9.9	1 / 2	1 / 2
60 or Better	0	R-10.1	1 / 2	1 / 2

Survival Estimate The Survival Estimate represents an average of one or more experts opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.
65 or Better	60
All Grades	2
60 or Better	0

Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.
65 or Better	R-8.4
All Grades	R-9.9
60 or Better	R-10.1

Relative Rarity by Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.
65 or Better	1 / 2
All Grades	1 / 2
60 or Better	1 / 2

Relative Rarity by Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
65 or Better	1 / 2
All Grades	1 / 2
60 or Better	1 / 2

Condition Census Learn More

Pos	Grade	Pedigree and History
1	MS65 PCGS grade	Possibly Richard B. Winsor Collection - S.H. & H. Chapman 12/1895:??? - John M. Clapp Collection - John H. Clapp Collection, sold intact in 1942 - Louis E. Eliasberg, Sr. Collection - Bowers & Merena 5/1996:885, $28,600 - Bowers & Merena 5/2004:108, $67,850
1	MS65 PCGS grade	Goldbergs 9/2002:213, $48,300 - Melrose Bay Collection - Heritage 7/2005:10145, $69,000 - American Numismatic Rarities 6/2006:1177, $77,625 - Heritage 3/2011:3297(misattributed as LM-1, V-1), $63,250 - Heritage 4/2015:4962, $56,400 - Kagin’s
3	MS64 PCGS grade	New Netherlands, sold privately on 6/10/1953 - Norweb Collection - Bowers & Merena 10/1987:299, $19,250 - Heritage 5/2004:6451, $37,950 - American Numismatic Rarities 1/2005:320, $36,800 - Heritage 1/2007:837, $40,250 - Stack's 3/2007:478, $40,000 - Jim O'Neal Collection - Heritage 4/2013:4167, $38,187.50
3	MS64 estimated grade	American Numismatic Rarities 9/2003:201, $47,150
5	MS63 PCGS grade

#1 MS65 PCGS grade

Possibly Richard B. Winsor Collection - S.H. & H. Chapman 12/1895:??? - John M. Clapp Collection - John H. Clapp Collection, sold intact in 1942 - Louis E. Eliasberg, Sr. Collection - Bowers & Merena 5/1996:885, $28,600 - Bowers & Merena 5/2004:108, $67,850

#1 MS65 PCGS grade

Goldbergs 9/2002:213, $48,300 - Melrose Bay Collection - Heritage 7/2005:10145, $69,000 - American Numismatic Rarities 6/2006:1177, $77,625 - Heritage 3/2011:3297(misattributed as LM-1, V-1), $63,250 - Heritage 4/2015:4962, $56,400 - Kagin’s

#3 MS64 PCGS grade

New Netherlands, sold privately on 6/10/1953 - Norweb Collection - Bowers & Merena 10/1987:299, $19,250 - Heritage 5/2004:6451, $37,950 - American Numismatic Rarities 1/2005:320, $36,800 - Heritage 1/2007:837, $40,250 - Stack's 3/2007:478, $40,000 - Jim O'Neal Collection - Heritage 4/2013:4167, $38,187.50

#3 MS64 estimated grade

American Numismatic Rarities 9/2003:201, $47,150

#5 MS63 PCGS grade