Lot 359
1854 N-28 R5- Repunched 18 PCGS graded MS63 Brown, CAC Approved. Lustrous medium brown and light chocolate with traces of mint red on both sides. The fields are satiny and nearly free of marks. A tiny void on the rim right of star 7, a tiny rim nick at star 9, and a barely visible scuff close under the earlobe are the only marks, and they are barely visible with a good glass. EDS, die state a, the earliest state seen. The reverse fields are smooth and fine vertical lapping lines run from the A in STATES down to the O in ONE and C in CENT. A very shallow low spot (caused by debris stuck to the die) covers the upper half of the neck and lower half of the cheek, plus another shows over ENT in CENT. A very attractive example of this tough variety. Our grade is MS62, tied for finest known in the Grellman census. The attribution and Iskra provenance are noted on the PCGS label. PCGS population 2; none finer for the variety at PCGS. Estimated Value $2,000-UP
Ex Howard R. Newcomb (as a duplicate N-5, which shares this obverse die)-unknown-Stack's 3/11/1998:256-Chris McCawley 4/1998-R. S. Brown, Jr., McCawley & Grellman Auctions/Superior 6/2/2002:1369-Chris McCawley 12/2003-Daniel W Holmes, Jr., McCawley & Grellman Auctions/Goldbergs 1/30/2011:621-Fred Iskra Collection (includes the Brown and Holmes collection envelopes and all 3 lot tickets).
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| Realized $3,878 |
