Lot 1204
1854 N-14 R2 PCGS graded MS65 Red & Brown. Repunched 4. Misaligned Obverse Die. Lustrous bright mint red fading to light olive and bluish steel on the highpoints, 75% of the mint red remaining, mostly on the reverse. The only marks are a wholly insignificant bit of darker toning nestled between the two left points of star 12 and similar darker toning hidden inside the E in AMERICA. The neck is covered with very shallow low spots (from debris on the die), as nearly always seen on this die variety. E-MDS, die state a late. The die lines from the dentils over NI in UNITED are dull but still visible, and the repunching inside the triangle of the 4 is clear. In addition, the obverse is clearly misaligned to K-1 while the reverse is properly centered on the planchet. Called MS64 and CC#5 in the Noyes census, his photo #30824. Our grade is MS65, tied for CC#4 in the Grellman census.
Estimated Value $750-UP.
Ex Herman Halpern, Stack's 3/16/88:729.
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| Realized $1,840 |
