Lot 790
1847 N-24 R1 PCGS graded MS64 Red & Brown. Lustrous slightly faded mint red blending to bluish steel and olive, nearly half the mint color remaining, mostly on the obverse. Both sides show some microscopic low spots from debris stuck on the dies, strongest in the field behind the portrait. This is a choice to gem cent except that a toned area under the date has been very lightly abraded, and similar very faint abrasions were applied to a toned area over star 5 and another below CENT. These abrasions were done to lighten the toning in those areas, not to remove any carbon spots. M-LDS, die state c (Newcomb's old #25). The points down to the right from the main curl are weak but visible and a fine crack extends through the tops of ME to the dentils over the adjacent letters. Called MS60 in the Noyes census, his photo #31502. Our grade is MS62, tied for CC#11 in the Grellman census.
Estimated Value $500-UP.
Ex Abe Kosoff 1959-R. E. Naftzger, Jr.-Herman Halpern, Stack's 3/16/88:598.
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| Realized $1,150 |
