Lot 262
1847 N-1 R2 Repunched Date. PCGS graded MS-64 Red & Brown. Lustrous bright mint red fading to bluish steel and light olive brown, more than half the red showing on the obverse, 25% on the reverse. Satiny and quite attractive, just a few microscopic planchet chips on the cheek and jaw and a tiny tick on the tip of the nose from gem status. M-LDS, die state c. The repunching on the date is weak but still visible on all 4 digits, and die cracks meander through the top of most of the legend outside the wreath. Called MS65 and CC#1 in the Noyes census, his photo #31055. Our grade is MS64, CC#1 in the Grellman census. The attribution and Great Pacific Collection provenance are noted on the PCGS label. PCGS population 2; none finer. (PCGS # 37269) Value $3,500 - UP
Ex Dr. Kenneth Sartoris 7/1972 (via Denis Loring)-R. E. Naftzger, Jr.-Naftzger Estate, McCawley & Grellman Auctions/Goldbergs 2/1/2009:747-Great Pacific Collection (includes the Naftzger collection envelope and lot ticket).
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| Realized $2,880 |
