Lot 131
1847 N-39 R3 PCGS graded MS64 Brown. Lustrous light chocolate and olive brown with traces of faded mint color showing on the obverse, 20% remaining on the reverse. Sharply struck and quite attractive except for a spot of dark olive toning close over star 4, and the center of this spot was very delicately abraded leaving an area of lighter toning inside the spot. Another smaller spot is located just above the tip of the nose, and it shows similar abrasions that were intended to minimize its impact. A far less visible spot of darker toning is located on the rim at star 11, but this one does not catch your eye. EDS, die state a. The fine die lines on the reverse are clear. Called MS63 and tied for CC#1 honors in the Noyes census, his photo #31769. Our grade is MS60+, CC#9 in the Grellman census. Comes with a nice provenance. The attribution and Naftzger provenance are noted on the PCGS label. PCGS population 3; tied for finest graded of the variety at PCGS. Estimated Value $600-UP
Ex Homer K. Downing, Abe Kosoff 8/6/1951:888-R. E. Naftzger, Jr., McCawley & Grellman Auctions/Goldbergs 9/7/2009:822 (via Greg Hannigan)-Adam Mervis, Heritage 1/10/2014:2309-Fred Iskra Collection (includes the Naftzger collection envelope and Mervis lot ticket).
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| Realized $999 |
