Lot 442
1847 N-15 R4+ Repunched 1 & 7. PCGS graded MS-64 Red. Blazing lustrous bright original mint red that is just starting to fade to light steel brown on the highpoints. This piece retains nearly 95% of its mint color and has the flash of a cent that was minted recently rather than 150+ years ago. It would be a remarkable gem if not for an obvious dark spot over star 1, a few specks of fine carbon around star 4, and traces of an old fingerprint at stars 7-8. A light diagonal nick on the rim over star 6 is the only evidence of contact. MDS. The repunching at the bottom of the 1 and right of the bottom of the 7 is sharp. The fields are satiny rather than reflective but all the fine die lines associated with the earliest strikes are still clear. Called MS65 and the finest of only 2 mint state examples listed in the Noyes census, his photo #31435. Our grade is MS66 net MS64+ and CC#1 of 3 mint state examples in the Grellman census, this piece clearly superior to the other two. A great cent that comes with a great provenance. Pop 1; none finer at PCGS for the variety. The only example graded Red at PCGS .
Estimated Value $5,000-UP.
Ex Howard R. Newcomb-Floyd T. Starr, Stack's 6/13/1984:517-R. E. Naftzger, Jr., McCawley & Grellman Auctions/Goldbergs 9/7/2009:776. The attribution and Naftzger provenance are shown on the PCGS label.
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| Realized $8,049 |
