Lot 52
1838 N-5 R1 MS63. The obverse is frosty mint red fading to steel brown, at least 20% of the original mint color still showing. The reverse is a darker shade of light olive and chocolate brown with bluish steel overtones and slightly faded mint red in protected areas. A small spot of darker toning at the outer point of star 10 is the only notable mark on otherwise choice surfaces. E-MDS with a sharp spike up to the left from the coronet where it touches the curl. The reverse die clashmarks inside the wreath are clear and a faint die crack connects the E in STATES to the leaf tip below the adjacent T. Called MS63 and CC#1 in the Bland census. Noyes says MS63 and tied for CC#2, his photo #20667. Removed from a PCGS slab graded MS65RB (PCGS label included, and it shows the attribution and Naftzger provenance). Now housed in a PCGS MS65 RB holder. (PCGS # 37193).
Estimated Value $1,500-UP.
Ex Howard R. Newcomb, J. C. Morgenthau 5/16/45:693-Floyd T. Starr, Stack's 6/13/84:358-R. E. Naftzger, Jr., McCawley & Grellman Auctions/Goldbergs 2/1/2009:415, The Northwest Collection.
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| Realized $2,243 |
