Goldberg Coins and Collectibles

Sale 77

Lot 122

1831 Original (Business Strike) Breen 1-A R7-. PCGS graded AU-55 Brown. Lightly cleaned, now retoned a slightly glossy very dark steel and olive. The obverse displays more gloss than the reverse. There are some tiny contact marks scattered over both sides, including a tick on the tip of the chin. It can be argued that all 1831 Original Strikes are proofs since they were all made from the same pair of dies and in the exact same die orientation (head-to-foot). And some of the lightly circulated examples do show prooflike reflectivity in the fields and protected areas, which supports the "all were proofs" position. But this lightly worn example (as well as a few others) has no hint of reflectivity on either side. Breen went with the business strike option for this coin, and PCGS decided the same thing. This is the third business strike listed in the Breen/Hanson census (page 341 in the Breen encyclopedia). Our grade is EF40 sharpness net VF30. Weight 82.8 grains. The attribution and Missouri Cabinet provenance are shown on the PCGS label. PCGS population 1; the only Business Strike graded. (PCGS # 35270) .
Estimated Value $30,000-UP.
Ex Consignment E from Ohio, Hollinbeck Coin Co. #214 10/1957:2089 ($420)-Hollinbeck Coin Co.-1961 ANA Sale (World Numismatiques, James Kelly), lot 1395 ($850)-Hollinbeck Kagin Coin Co.-Hollinbeck Kagin Coin Co #299 1/1973:211 ($1150)-Ellis and Doris Robison Family Collection, Stack's 2/10/1982:353-R. Tettenhorst-EPNNES-Missouri Cabinet (Mocab 31.1.4).

Realized $50,600

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