Lot 224
1804 "Restrike" PCGS graded MS66 Red & Brown. Mint red fading to light reddish steel brown with about 25% of the very faded red remaining. No spots, stains, or contact marks. A flawless gem. LDS with extensive die rust evident on both sides in spite of weakness in the central details on both sides due to excessive die lapping to remove the rust. These "cents" were struck outside the US Mint in the late 1850's or early 1860's by Joseph J. Mickley, who obtained the dies as scrap metal. The obverse is from the 1803 S-261 variety with the date altered to 1804, and the reverse is from the 1820 N-12 die variety. Both dies were heavily lapped in an attempt to minimize the rust that had formed since they were discarded. These private "Restrikes" have been popular with collectors since they first appeared for sale in the mid-1860's and are listed in the "Redbook." Our grade is MS65 Gem. Estimate Value $2,000 - UP
Ex Craig Whitford Auctions 11/27/2004:1574 (lot ticket included).
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| Realized $2,820 |
