Postage Currency
Liberty Seated

Owner Comments:

1863 10C Ten Cents
Judd-331, Pollock-402
Rarity: High R.7, PR64 CAC Endorsed
Ex: Simpson.

Struck in copper-nickel with a reeded edge.

Obverse: The design is a dateless Seated Liberty obverse

Reverse: The proposed postage currency reverse featuring 10 CENTS 1863 in the center and * POSTAGE CURRENCY *ACT JULY 1862 around the margin.

Comment: There are five confirmed examples of Judd-331 (formerly Judd-331B), per USPatterns.com. They were produced in 1869 from leftover 1863 dies that were lapped to move rust.

Pale golden-gray surfaces are moderately flashy and partly reflective. Well-struck with an area of reddish color over the left side of Liberty's profile.

The view of these pieces was to be used to redeem small denomination postal notes. It was thought that silver coins of standard .900 fineness, but of reduced weight, would circulate without being subject to hoarding as were the regular-issue full-weight coins.

Provenance/Appearance:
Ex Bob Simpson Collection part 2 Heritage Nov 2020 / Lot #3129; Prior
- Superior Jan 2003 Elite Coin Auction /Lot 512;
- Ira & Larry Goldberg Auctioneers MAY 2001 The Fairchild Family Trust Collection /Lot 1084 In this auction the catalog made a notation “With a small white envelope with the price $90. from many years ago”