Lot 300
1804 "Restrike". PCGS graded MS-66+ Red & Brown. CAC Approved. Beautiful lustrous light chocolate brown and bluish steel with 10% of the original red remaining on each side. This piece is flawless and the eye appeal is exceptional. This is the finest example your cataloger has seen in over 50 years of looking. LDS with all the die cracks and die rust showing on heavily lapped dies. 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. The attribution and Reynolds provenance are noted on the PCGS Secure label (PCGS # 36425) .
Estimated Value $3,000-UP.
Ex Milwaukee Coin Show bourse 4/1990.
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| Realized $3,055 |
