Lot 116
1848 First Restrike Breen 1-B R5+. PCGS graded Proof 64 Brown. Attractive medium brown mixed with overtones of sea-green and light bluish steel. No notable spots but there is a thin struck-through line on the face right of the nostril (caused by a piece of thread stuck on the die) and traces of an old fingerprint show in the field before the portrait. The fields are nicely reflective with moderately deep mirrors. Traces of extremely fine die rust (microscopic lumps on the coin) show in the field between star 8 and the top of the head and the strike is soft in the center on both sides. These characteristics are indicative of Breen's Series III strikes of this date. Our grade is Proof-62. 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 $5,000-UP.
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| Realized $5,170 |
