Lot 174
1838 N-2 R1 PCGS graded MS64 Red & Brown. Lustrous bright mint red starting to mellow to steel brown on the highpoints with two-thirds of the obverse and at least three-fourths of the reverse showing original mint color. Has the eye appeal of a gem cent but there are a couple marks, including a spot of fine carbon over the C in CENT and a shallow planchet flake under the first S in STATES (as struck). LDS. The partial inner circle at the dentil tips from the date to star 1 and from star 5 to star 8 is gone but the doubled center dot on the reverse remains clear. Graded MS65 and finest known in the Noyes census, his photo #27285. Bland says MS65 and tied for CC#1 in his census. Our grade is MS64+, close to MS65. This is the plate coin for the variety in the Noyes book on the cents of 1816-1839. Removed from an NGC slab graded MS65RB (NGC label #218596-007). Comes with a nice provenance. The attribution and Naftzger-Ahumada provenance are noted on the PCGS label. PCGS population 1; 2 finer in 65 for the variety. PCGS #37184. Estimate Value $1,500 - UP
Ex Judge Joseph Sawicki, Stack's 2/27/1954:680-R. E. Naftzger, Jr., 1990 EAC Sale 5/1990:240-John J. Nicholas, Jr., Superior 2/2/1992:605-unknown-Stack's 6/1993 (privately)-Manuel Ahumada Collection.
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| Realized $2,115 |
