Lot 433
1824/2 Braided Hair Cent. . N-1. PCGS graded EF-45 and Del Bland graded VF-25. A very desirable cent for the grade despite a small, light dent below the chin, a small, light spot of raised corrosion between stars nine and ten and three microscopic nicks on the obverse. Medium dark chocolate brown.
This is a really outstanding cent, one that is nearly impossible to locate in high grades. The surfaces are a delight, without detracting problems of any kind. Later die state with most of the encircling reverse crack present on this example. We anticipate serious collector bidding when a choice coin like this crosses the block.
Over the decades we have consistently noticed that "choice" collector coins always bring strong prices, often well over the current "market" price guides. Yet, quite the opposite is true for "problem" coins, with defects or damage, even with an accurate net grade, coins with problems often bring less than the current "market" price for a coin without similar defects. Quality sells for quality prices, while off-quality pieces realize discounts. Here with the Benson collection, a number of outstanding coins are offered, coins that collectors will appreciate, long after the price is paid to obtain them.
Estimated Value $700 - 1,000.
Ex: Barney Bluestone (Syracuse Coin Shop) #90, 12/45:1008 at $21.
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| Realized $1,150 |
