Lot 184
1802 S-231 R1 Stemless Wreath. PCGS graded MS-64 Red & Brown. Attractive lustrous steel brown with at least 15% of the original mint color remaining. There is a small area of slightly darker chocolate brown toning at ERT in LIBERTY and a couple small, barely visible spots of similar toning in the field left of the hair ribbon, plus a small swipe of dark steel toning at the leaf tip below the first T in STATES. The only contact mark visible with the aid of a strong glass is a thin nick high on the neck. Great eye appeal, and the reverse qualifies for gem status. Nicely struck E-MDS, Breen state II, before the die crack at RTY. Called MS63 and CC#1 in the Noyes census, his photo #20100. Bland says MS63 and finest known as well. Our grade is Mint State-63+. This is the undisputed finest known Stemless Wreath 1802 cent known, regardless of the die variety. Both sides of this cent are plated in the 1879 Frossard monograph and it is the plate coin for the variety in the Noyes book. PCGS population 1 with none finer.
Estimated Value $12,000 - 15,000.
Ex George W. Merritt-Edouard Frossard 1/1879:142-Thomas Warner-S. H. & H. Chapman 6/1884:3015-Richard B. Winsor-S. H. & H. Chapman 12/1895:876-S. H. & H. Chapman-unknown-Charles J. Dupont, Stack's 9/24/54:367-Dorothy Nelson, Stack's 2/76:64-Jesse Iskowitz-Steve Wander-Daryl Mercer (Tebo Coin Co.) 5/1980-Del Bland 6/80-R. E. Naftzger, Jr.
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| Realized $71,875 |
