Lot 429
1835 N-11 R4+ AU58. Prooflike. AU-58 Prooflike. Very attractive bluish steel and chocolate brown with generous traces of mint red remaining on the obverse and 5% of the mint color showing on the reverse. There is little if any actual wear on this cent, but the strike is a bit soft on the obverse highpoints leaving the impression of very light wear. Otherwise the only marks are a small spot of very shallow carbon in the field off the brow, a couple very thin nicks on the throat, and some tiny planchet chips around the E in CENT, as struck. Very early die state with smooth, prooflike fields on both sides. In fact, this cent has been called a proof strike by several knowledgeable cent specialists, but the current consensus is that it is a very early business strike. Regardless, this cent is absolutely beautiful and is ranked as finest known of the business strikes (a single proof is known in the ANS Museum collection, which your cataloger has examined and called a prooflike AU virtually identical to the piece offered here). Called AU55 and finest of the business strikes by a full 15 points in the Bland census. Noyes says AU55 net AU50 and tied for finest known honors overall for the die variety in his census, photo #20907. Removed from an NGC slab graded MS62BN (NGC label included). Comes with an impressive provenance, as you would expect for such a remarkable cent. DWH #2621.
Estimated Value $6,000-UP.
Ex Howard R. Newcomb, J. C. Morgenthau 5/45:666-Floyd T. Starr, Stack's 6/13/84:306-R. E. Naftzger, Jr. 2/23/92-Eric Streiner 1/94-Wes Rasmussen, Heritage 1/13/05:3649 (the attribution and Rasmussen provenance are noted on the NGC label).
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| Realized $14,375 |
