Lot 744
1849 N-28 R3. PCGS graded MS-65 Red & Brown. Lustrous light olive and steel brown with frosty mint red covering at least a third of the planchet, mostly on the reverse. A small puff of darker bluish steel toning on the 8 in the date is the best identifying mark. MDS, die state b. Most of the fine die lines seen on the reverse are now gone but the ones from the N in ONE to EN in CENT are still visible. A shallow low spot caused by debris on the die covers the lower part of the neck. The reverse is flawless. Called MS63 and CC#1 in the Noyes census, his photo #30889. Our grade is MS63, CC#1 in the Grellman census for this die variety. An important cent that comes with a great provenance. The attribution and Naftzger provenance are shown on the PCGS label.
Estimated Value $2,500-UP.
Ex Howard R. Newcomb-Floyd T. Starr, Stack's 6/13/1984:627-R. E. Naftzger, Jr., McCawley & Grellman Auctions/Goldbergs 9/7/2009:963.
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| Realized $4,348 |
