Lot 176
1823 Restrike MS60. PCGS graded MS-63 Brown. Glossy light to medium brown with traces of faded original red in protected areas. A shallow planchet flake under the right corner of the eye is the only notable defect, as struck. EDS, before the obverse die cracked. The fields are slightly reflective thanks to the extensive lapping required to minimize the die rust that occurred during decades of improper storage. The rim cud breaks seen on the latest state of 1823 N-2 are present, although they are stronger than those seen on the latest state of the genuine mint product. A very attractive example of this rare die state. Made outside the mint using discarded mint dies sold as scrap. The obverse die used was the normal Newcomb-2 variety of 1823, but apparently a reverse die of the type used in 1823 was not available and they substituted a reverse die used for the 1813 Sheldon-293 variety. The result was an "1823" cent that looked nothing like the genuine mint product. Breen says 49 uncracked examples were struck in 1862 for Joseph J. Mickley before the obverse die broke. Noyes photo #39634. Weight 160.7 grains. Our grade is MS60. Pop 3; 14 finer in Brown at PCGS. DWH #1835 (PCGS # 81627) .
Estimated Value $2,000-UP.
Ex Bowers & Merena 3/97:152-Tony Terranova-Bowers & Merena (via Mark Borckardt) 10/28/97.
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| Realized $2,530 |
