Goldberg Coins and Collectibles

Sale 77

Lot 190

1848 Second Restrike Proof Breen 1-C R7. PCGS graded Proof 65 Brown. Reverse of 1840. Golden light olive and sea green with iridescent purple and rose tones in protected areas. The fields are highly reflective with moderate to deep mirrors on both sides. Excellent eye appeal, very close to gem condition. The only notable defects are a spot of darker toning in the field midway between star 3 and the upper lip, a speck of dark toning left of star 8, and a tiny vertical struck-through line in the field over the right side of star 1, as struck. Fine die rust shows in the field at star 8, as always on these Second Restrikes and on some of the First Restrikes. Both sides are plated in the Breen encyclopedia on page 425 to illustrate the variety, and the obverse is plated in the 1879 Frossard Monograph, Plate VI. Weight 98.0 grains, from Breen's series V. Our grade is Proof-64. The attribution and Missouri Cabinet provenance are shown on the PCGS label. PCGS population 1; the only example graded. (PCGS # 35393) .
Estimated Value $10,000-UP.
Ex George W. Merritt, Édouard Frossard 1/3/1879:330-Édouard Frossard-Allison W. Jackman 10/1918-Jackman Estate, Henry Chapman 6/28/1918:907 (Plate 5) ($55.00)-Frederick Reed Alvord 11/1/1923-Alvord Estate, Samuel Hudson Chapman 6/9/1924:209 ($46)-unknown-Stack's Metro New York Convention Sale 4/27/1962:239 ($600.00)-Philip M. Showers, Stack's 1969 (privately)-Willis Harrington duPont-Fred S. "Freddy" Werner 2/1976-Superior Stamp and Coin Company, Inc., 2/1976-Joe Flynn and Son Rare Coins, Inc. (Joseph S. Flynn, Jr.) April 20, 4/20/1976-R. Tettenhorst-EPNNES-Missouri Cabinet (Mocab 48.3.1).

Realized $11,500

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