Lot 465
1802 S-238 R4. VG-8. Sharpness VF35 but corroded, the roughness ranging from nonexistent to severe. The roughness is strongest at LIBERTY, which is mostly obliterated, while there are areas on the reverse that are smooth and glossy. No verdigris and only a few light contact marks that are well hidden in the roughness. Partially glossy mix of chocolate, dark steel, and olive brown with hints of silvery steel toning in some of the rough areas. Extremely rare terminal die state, later than Breen’s final state V, with a clear cud break joining TATE to the rim above. Breen speculated that this cud might exist, but he never saw one. There are at least 2 known today. The bottom of the date is weakly struck thanks to the cud on the opposing side that gathered up much of the planchet thus keeping it from properly filling the obverse details. LIBERTY is mostly gone due to the roughness but everything else is clear. Removed from an NCS slab graded EF details corroded (NCS label included, and it shows the attribution and Reiver provenance). DWH #2884.
Estimated Value $300-UP.
Ex Jonathan Kern 5/28/96-Jules Reiver, Heritage 1/24/06:19541.
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| Realized $345 |
