Lot 844
1847 N-38 R1. PCGS graded MS-64 Red & Brown. CAC Approved. Lustrous bright original mint red blending to steel brown on the highpoints, two-thirds of the original red remaining. No spots or stains. A thin horizontal nick high on the cheek and a tick on the chin are the only marks that keep this cent from an unqualified gem grade. Nicely struck with full radial lines in all the stars. M-LDS, die state c (Newcomb's old #16). The die lines at the inner curl are gone and a clear clashmark extends into the field from the lower edge of the neck. Called MS65 and tied for CC#1 in the Noyes census, his photo #31671. Our grade is MS64+, very close to MS65, and CC#2 in the Grellman census. This cent was called MS70 by Ted Naftzger when he owned it. The attribution and Naftzger provenance are noted on the PCGS label. PCGS population 2; 1 finer in 65. (PCGS # 37359) .
Estimated Value $2,000-UP.
Ex New Netherlands Coin Co. #56, 6/28/1962:607-R. E. Naftzger Jr., McCawley & Grellman Auctions/Goldbergs 9/7/2009:818-Chris McCawley-Kenneth Goodman.
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| Realized $2,468 |
