Lot 301
1837 N-5 R2 Plain Hair Cord, Small Letters. PCGS graded MS-64 Red & Brown. Mellowed red fading to steel brown, about half the planchet showing some of the faded mint color. There are a few small spots of darker steel brown toning, including one at the dentils under the 3 in the date and another under the first S in STATES. A glass reveals a few tiny contact marks, including a thin vertical nick on the jawline and a very light diagonal nick in the field off the chin. MDS with fine die flowlines covering the fields on both sides. Called MS63 and tied for CC#2 in the Noyes census, his photo #21743. Bland says MS70- and CC#1. Our grade is MS63. Regardless of the census list used, this piece is one of the very finest known of the PHC/SL "Redbook" type, which is only available with this N-5 die variety. PCGS population 3; none finer at PCGS for the variety. None finer in RB at NGC as well. An important piece for a top-notch "Redbook" registry set (PCGS # 37145) .
Estimated Value $1,500-UP.
Ex C. David Pierce 1946-Abe Kosoff 12/3/1946-R. E. Naftzger, Jr., McCawley & Grellman Auctions/Goldbergs 2/1/2009:369-William R. Eckberg (the Naftzger collection envelope is included).
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| Realized $4,348 |
