Lot 397
1817 N-17 R4 EF40. Beautiful glossy light to medium brown with darker steel brown toning on the highpoints. Frosty cartwheel luster shows in the protected areas on both sides. The sharpness is closer to EF45 but there are too many light contact marks for the higher grade. The best identifying marks are a small nick on the front edge of the neck and a dull, narrow scrape on the neck under this nick. Not quite perfect but still a very important example of this tough die variety. MDS. Die cracks have raised the right arm of the first T in STATES toward the rim but the crack up from that E to the dentils above has not formed. Called EF45 net EF40 and tied for CC#3 in the Noyes census, his photo #25240. Del Bland says EF40 and tied for CC#2 honors among the confirmed examples in his census. Removed from an NGC slab graded AU58 (NGC label included, #446670-001, and it shows the attribution and Rasmussen provenance). And it comes from a long line of distinguished collectors.
Estimated Value $3,000-UP.
Ex Clarence S. Bement, Henry Chapman 5/29/1916-Henry C. Hines-Floyd T. Starr, 1949 ANA Sale, Numismatic Gallery 8/21/1949:894-C. Douglas Smith-Willard C. Blaisdell 7/1976-Del Bland 3/1977-R. S. Brown, Jr., Superior 9/30/1986:483-Wes Rasmussen, Heritage 1/13/2005:3398. Comes with the C. Douglas Smith envelope that contains a typed note from Doug to Willard (Bill) Blaisdell offering to sell him the coin at the same $8 price Doug paid at the 1949 ANA Sale. In addition, the Doug Smith envelope has annotations by Ted Naftzger (who purchased the Blaisdell collection but did not retain this piece for his collection).
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| Realized $8,338 |
