Lot 162
1848 N-30 R5 PCGS graded AU58+. Glossy medium steel brown and light chocolate with frosty mint luster covering the protected areas. Smooth and very attractive with only trivial marks, including a small spot of slightly darker toning over the right side of star 13 and a tiny planchet lamination on the rim over the E in STATES (as struck). MDS, die state b, with a narrow but clearly defined rim cud break from star 7 to star 8. Some of the fine obverse die lines are still visible but the earlier ones at AME are gone. Our grade is AU50, CC#2 for the variety in the Grellman census but finest known with the rim cud. Removed from an NGC slab graded MS64BN (NGC label #1941088-006, and that label shows the attribution and Reiver provenance). Comes with a great provenance. The attribution and Iskra provenance are noted on the PCGS label. PCGS population 1; 1 finer in 64 for the variety at PCGS. Estimated Value $4,000-UP
Ex Howard R. Newcomb, J. C. Morgenthau & Co. 5/16/1945-Floyd T. Starr, Stack’s 6/13/1984:587-R. S. Brown, Jr., Superior 9/30/1986:1174-Jules Reiver, Heritage 1/24/2006:20351 (where housed in an NGC MS64BN slab)-Daniel W. Holmes, Jr., McCawley & Grellman Auctions/Goldbergs 1/30/2011:309-Fred Iskra Collection (includes the Brown, Reiver, and Holmes collection envelopes and the last 3 lot tickets).
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