Lot 422
1850 N-27 R4. PCGS graded MS-64 Red & Brown. Lustrous steel and light olive brown with nearly a third of the mint red remaining, mostly on the obverse. A spot of reddish chocolate toning over star 9, another at the dentils under the right side of the 8 in the date, and a third on the bust tip are the notable marks, and they do catch your eye. There are a few other smaller spots of dark toning elsewhere on the obverse, but they are not significant. The reverse is choice, nearly flawless. E-MDS, die state a (there is no state b for this variety). The fields on both sides are covered with satiny frost created by microscopic die flowlines. Called MS60 and CC#2 in the Noyes census, his photo #29938. Our grade is MS62, CC#2 in the Grellman census. Both census takers list only 2 examples in mint state grades, and the next best grades only AU50. PCGS population 1; the finest graded at PCGS for the variety. The others are 1 in MS63BN and 1 in EF40. DWH #3578 (PCGS # 406645) .
Estimated Value $1,500-UP.
Ex McCawley & Grellman Auctions 1/11/92:336-R. E. Naftzger, Jr., McCawley & Grellman Auctions/Goldberg’s 9/7/2009:1014.
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| Realized $1,553 |
