Lot 303
1806 S-270 R1. PCGS graded MS-66 Red & Brown. Highly lustrous light steel brown and olive with lighter brown and tan faded from mint color in protected areas and subtle overtones of bluish steel on the reverse. The eye appeal of this cent is spectacular, although I would question if there is enough mint color remaining to qualify for an "RB" designation. Nonetheless, this cent is virtually flawless. A microscopic planchet flake in the field under the end of the chin, a tiny tick on the left end of the eyebrow, and a very light diagonal nick under the eye are the best identifying marks. MDS, Breen state III early. The die crack from the dentils at K-4 on the obverse is short but visible and there is a single set of die clashmarks. There is no trace of swelling at the date. This cent is plated to illustrate the variety in the 1991 Noyes reference. Graded MS63 and tied for CC#1 in the Noyes census (although he called it MS65 in his 1991 reference), his photo #21309. Bland says MS62 and CC#1. Our grade is MS65 Gem. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 1; none finer at PCGS for the variety. The only example graded Red & Brown at PCGS (PCGS # 36437) .
Estimated Value $40,000-UP.
Ex England-Lester Merkin-Robert A. Arnel, Stack's 1/1967:9-Stack's (privately)-C. Douglas Smith-Herman Halpern 12/11/1986-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner-Jay Parrino (The Mint)-Dr. Eugene Sherman 8/1997 (includes a Naftzger collection envelope on which the provenance is incorrect).
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| Realized $51,700 |
