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Sale 62

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Lot 171

1846 N-24 R7+ Tall Date Proof-Only. PCGS graded Proof 65 Red & Brown. Bright blazing mint red just starting to mellow to bluish steel on the highpoints. The only defects are a small, faint spot of slightly lighter toning under star 2 and a microscopic speck between two dentils under star 13. Otherwise the best identifying marks are some mint-made struck-through flaws, including an extremely fine lint line that meanders to the left from star 10, a tiny flake void in the center of the diagonal of the N in ONE, and a tiny planchet chip under the U in UNITED. The planchet is very thick, as always seen on the very few tall date proofs. Finest of only 5 known of the Tall Date proof, and 2 of those are impaired. A fantastic cent in every respect and a highlight of this remarkable collection. Called Proof-68 by Bland and Proof-64 by Loring. Our grade is Proof-66, CC#1 in the Grellman census. And the list of previous owners is one of the most impressive in the Holmes collection, which attests to the desirability of this cent. The attribution and Dan Holmes provenance are noted on the PCGS label. PCGS population 1; the only Proof Red & Brown example graded at PCGS for the variety. DWH #1863 (PCGS # 397612) .
Estimated Value $20,000-UP.
Ex Thomas Cleneay, S. H. & H. Chapman 12/9/1890:839-Peter Mougey, Thomas L. Elder 9/1/1910:1272-Dr. Henry W. Beckwith, S. H. Chapman 4/27/1923:106-William Festus Morgan, J. C. Morgenthau & Co. 6/16/32:352-T. James Clarke 1955 (via Abe Kosoff)-R. E. Naftzger, Jr.-R. S. Brown, Jr. 4/17/99.

Realized $57,500

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