Lot 554
1839 N-10 R3 AU55. Booby Head. PCGS graded MS-62 Brown. Glossy medium brown with underlying frosty flowline luster covering the fields and protected areas. A splash of reddish olive toning left of the first A in AMERICA and a shallow planchet flake at the dentils near star 12 offer the best identifying marks, although there are a few light contact marks in the field before the portrait as well. MDS. The obverse is covered with fine die flowlines, as always due to its earlier use in the N-5 marriage, and the reverse shows microscopic flowlines as well. Other than minor flowlines and die wear, there is no significant difference in die states for this variety. Called MS60 net AU55 and tied for CC#5 in the Noyes census, his photo #23312. Bland says AU55 and tied for CC#2 among the confirmed examples in his census. Removed from an NGC slab graded MS64BN (NGC label included). For many years this die variety was considered to be a late die state of N-5, but subsequent research has confirmed that, although the obverse is the same as N-5 in a later die state, the reverse is different. Newcomb had this one right, and we have fallen back into line. Our grade is AU55. Pop 1; 1 in 64. Only 3 graded at PCGS for the variety. DWH #2638.
Estimated Value $1,000-UP.
Ex England-New Netherlands Coin Co. #52, 12/13/58:155-Willard C. Blaisdell-Del Bland-Jerry A. Bobbe 3/77-R. E. Naftzger, Jr., 1990 EAC Sale, lot 263-Wes Rasmussen, Heritage 1/13/05:3725 (the attribution and Rasmussen provenance are noted on the NGC label).
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| Realized $1,208 |
