Lot 115
1848 First Restrike Breen 1-B R5+. PCGS graded Proof 64 Brown. Very attractive mix of chocolate and light olive brown with overtones of bluish steel. The fields are nicely reflective and free of hairlines, spots, or stains. This piece would be a gem if not for a short scratch that skips from the middle of the nose to the cheek where it fades out. Very sharply struck early die state with no trace of fine die rust in the field at star 8 (Breen's Series I). Our grade is net Proof-62. Comes with a nice provenance. Only 30 examples struck, among which only about 25 to 30 still exist according to PCGS population report. Pop 6; 4 finer, 3 in 65, 1 in 66.
Estimated Value $4,000-UP.
Ex William Forrester Dunham, B. Max Mehl 6/13/1941:1294-Floyd T. Starr, Stack's 6/13/1984:875.
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