From the Grading Room: 1870 Judd-814 Pattern Half Dime
Posted on 3/13/2013
The Civil War resulted in the widespread hoarding of gold, silver and even copper coins. The shortage of copper coins was solved only when tens of millions of a lighter, bronze one cent coin were issued in 1864. Silver and gold coins remained scarce, however, in 1869 a new “Standard Silver” series, which would consist of smaller and lighter silver coins, was proposed.
The US Mint struck pattern Standard Silver coins in only three years: 1869, 1870 and 1871. The series includes dozens of distinct Standard Silver designs, many of which were minted in a variety of compositions, including silver, copper and aluminum. There are also a number of Standard Silver patterns that are known with both plain and reeded edges.
An extremely rare Standard Silver pattern was recently certified by NGC. Attributed as Judd-814, this pattern is an 1870 Standard Silver Half Dime struck in aluminum with a plain edge. The 10th Edition of the Judd reference, United States Pattern Coins, assigns it “Rarity-8,” for two to three known. The last example to sell publicly was in a December 1984 Heritage Auctions sale.
|1870 Judd-814 Pattern Half Dime|
NGC has graded this remarkable coin PF 64 Cameo. It is the first and only Judd-814 pattern to be certified by a third-party grading company.
From the Grading Room is an occasional feature of the NGC E-mail Newsletter in which we highlight some of the more unusual or seldom seen items submitted for certification. Click to explore other special finds.