Lot 292
1803 S-259 R4 Small Date, Large Fraction. PCGS graded MS-64 Brown. CAC Approved. Highly lustrous light to medium chocolate brown and steel with underlying lighter steel brown and tan faded down from mint color covering the obverse fields. This is a wonderful cent with superior eye appeal in every respect. It almost seems unfair to identify any identifying marks, but here goes. A small spot of reddish brown toning hidden in the hair under the R in LIBERTY, a very faint scuff off the left end of the base of the L in LIBERTY, and a faint puff of darker steel brown toning under the right end of the wreath ribbon can help identify this cent, but they are absolutely inconsequential. Nicely struck E-MDS, Breen state II early. The die crack through the tops of STATE is clear and there is a subtle bulge in the field just left of the lower curls. This is the plate coin for the variety in the 1991 Noyes reference. Graded MS62 Choice and CC#1 in the Noyes census (the only mint state examples listed), his photo #21054. Bland says MS60 and CC#1 as the only mint state piece. Our grade is MS63 choice. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 1; none finer at PCGS for the variety (PCGS # 36401) .
Estimated Value $20,000-UP.
From a collection that is rumored to have belonged to Dr. Edward Maris circa 1870 to an old Texas collector-L. R. Davis McKinney, Jr.-House of McKinney #22, 1/1964:248-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr. (via Bill Noyes) 11/2000 (Naftzger collection envelope included).
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| Realized $24,675 |
