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Sale 84
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Lot 486
1825 N-5 R7 G4. Glossy chocolate with slightly lighter steel brown toning on the devices. No roughness or significant marks, just worn. The only defects are a few tiny rim nicks right of the date, a small chip out of the rim at star 2, and a pair of dull scratches up from the right top of the T in CENT. The date is clear and the legends are nearly complete except for the upper half of UNITED ST, which is worn into the rim. This is the 8th example discovered of this extremely rare variety and only the second we have offered at auction (the first example of 1825N5 offered at auction, also graded G4, was lot 298 in our 9/22/2013 sale where it brought $12,650). This die variety was first listed as the "A-5" die variety in the 1883 reference written by Frank D. Andrews, "An Arrangement of United States Copper Cents, 1816-1857." Howard R. Newcomb, in his 1944 reference "United States Copper Cents 1816-1857," built on the work of Andrews but listed the A-5 variety (N-5 in the Newcomb reference) as "unknown." John D. Wright advanced the study of this series in his 1992 reference "The Cent Book." In his chapter on the cents of 1825 he stated "There is no Number 5" as none had surfaced in spite of Andrews' 1883 listing and over 100 years of searching. Then, in 2011 an example was discovered on eBay by Tom Deck of Alabama. A careful examination of Tom's cent by John D. Wright and your cataloger confirmed Tom's coin was indeed the "missing" Andrews/Newcomb #5 die variety. It is a product of the N-4 obverse die in a later die state and the reverse of the N-10 die variety in an earlier die state. Since Tom's discovery and subsequent announcement by Paul Gilkes in the 23 January 2012 edition of "Coin World" there have been 7 additional examples confirmed for the A-5/N-5 die variety, including the coin offered here. The condition census of the 8 known pieces is 12(2)-4(4)-3(2). Clearly this piece is the new "key" to a complete series of business strike 1816-1839 cents by die variety.
Estimated Value $5,000-UP.
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| Realized $4,700 |
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