Lot 846
1848 N-2 R2 Boldly Repunched 18. PCGS graded MS-65 Red & Brown. The obverse is lustrous mint red fading to bluish steel brown, especially above the head, and about two-thirds of the mint color remains. The reverse is lustrous bright original mint red just starting to fade on the highpoints; essentially full red. This cent is flawless in terms of spots or contact marks, but the inconsistent toning on the obverse is a distraction that keeps this cent from an even higher grade. MDS, die state b (Reiver's old #45), with crumbling nestled between the loops on the left side of the second 8. The points down from the base of the E in ONE are sharp. Our grade is consistent with the PCGS grade. Finest known for the die variety in the Grellman census. Population 1; none finer at PCGS. The only example graded by PCGS for the variety. (PCGS # 406442) .
Estimated Value $1,000-UP.
Ex R. E. Naftzger, Jr. (his inventory #1638, which indicates this was one of his earlier purchases)-William C. Noyes (as agent for the Naftzger family circa 2003-4)-unknown-Kenneth Goodman.
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| Realized $4,348 |
