Light gray surfaces with hints of gold and iridescent toning along the borders, slightly deeper on the reverse. This is an attractive example with only trivial hairlines and surface marks, including a light vertical scratch in the left obverse field. This is a scarce variety although available in higher grades. Just 14 examples were recorded in the Dime Census, less than either of the two rarer varieties. This example is only a little above the average grade of all 14 coins. Fourteen collectors reported grades of their coins for the September 1996 Dime Census. Russell Logan recorded the only complete collection of all 122 die marriages for the Capped Bust series. He also had the highest average grade of any collection. For the statistics buff, these 14 collectors reported a total of 2,049 Capped Bust dimes with an average grade of VF-27.

Second use of the obverse die after JR-2. Second use of the reverse die between early and late states of 1825 JR-1.

Both obverse and reverse have faint clash marks. The obverse is cracked through stars 11, 12, and 13, to the border below the last star. A crack through the base of the date joins all four digits, much later than on the JR-2, above. A small rim break is just left of stars 3 and 4. The reverse has a crack through bases of ICA to the top arrowhead. Another crack from border through all three arrowheads continues to C of the denomination.

Purchased July 1992 from William Subjack. Earlier from the 1986 ANA Convention.