Lot 411
1801 S-218 R5+ 3-Error Reverse. PCGS graded VF-25. Ten points sharper but it has microscopic roughness under a glossy very dark olive and steel brown patina. May be coated with a very thin layer of lacquer or some similar protectant that enhances the gloss. The best identifying marks are a tiny pinprick on the jawline near the earlobe and a small rim nick over the E in STATES. LDS, Breen state II. Swelling obliterates most of ERTY. Second finest in both census lists behind only the ANS example, so this is the finest example available to collectors. Bland says VF25 net F15 and alone at CC#2. Noyes has this one as VF35 net VF20 and tied for CC#2 honors, his photo #21848. Our grade is VF20. PCGS Population 1; The finest of two graded at PCGS for the variety. DWH #1751.
Estimated Value $15,000-UP.
Ex American Numismatic Society in 1934 (via Howland Wood, then the ANS curator) in exchange for an ancient Greek gold coin provided by Dr. Sheldon-Dr. William H. Sheldon 4/19/72-R. E. Naftzger, Jr., 2/23/92-Eric Streiner, 1994 EAC Sale, lot 269.
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| Realized $20,700 |
