Lot 288
1829 N-7 R3. Wheelspoke Reverse. PCGS graded MS-62 Brown. Glossy chocolate and darker steel brown with frosty faded mint red remaining in the protected areas. There is a long, thin nick on the neck and a smaller nick in the field close before the lips, plus another small one in the field close over the inner hairbun. Nicely struck MDS clearly showing 4 of the "Wheelspoke" die cracks on the reverse. These radial die cracks are located through the R in AMERICA, right of the D in UNITED, up through the loop of the wreath ribbon, and through the first A in AMERICA. The strike is exceptional for the variety with the entire portrait and wreath fully impressed. In the lower half of the condition census, and better struck than most of the nice ones. Called AU50 net EF45 and tied for CC#6 in the Noyes census, his photo #25293. Called AU50 and CC#5 in the Bland census. A premium example of this very scarce and popular variety. Removed from an NGC slab graded MS63BN (NGC label included). Our grade is AU50. Pop 1; 3 finer in 64. Only 4 graded at PCGS for the variety. DWH #2608 (PCGS # 36922) .
Estimated Value $5,000-UP.
Ex Waldo Newcomer, J. C. Morgenthau 5/15/41:640-Floyd T. Starr, Stack's 6/13/84:227-Wes Rasmussen, Heritage 1/13/05:3562 (the attribution and Rasmussen provenance are noted on the NGC label, and the Newcomb collection pillbox is included).
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| Realized $6,613 |
