Lot 260
1802 S-231 R1 Stemless Wreath. PCGS graded AU-58. Frosty uniform steel and medium chocolate brown. Satiny mint luster covers this cent and the eye appeal is excellent. Would be choice except for a small crack in the planchet at the rim before the neck and over the opposing M in AMERICA (as struck). Otherwise this cent is void of marks or other distractions. MDS Breen state IV. The die clashmarks are dull but visible and the crack before the face has a new branch extending down before the mouth. The Stemless Wreath feature is obvious. This is the Breen plate coin for the variety. Graded MS60 and tied for CC#2 in the Noyes census, his photo #23122. Bland says MS60 and tied for CC#4. Our grade is MS60. The attribution and Reynolds provenance are noted on the PCGS Secure label. Pop 1; 1 finer in MS61 at PCGS for the variety (PCGS # 36344) .
Estimated Value $8,000-UP.
Ex Henry C. Hines-Homer K. Downing, 1952 ANA Sale (New Netherlands Coin Co. #38), lot 1904-C. Douglas Smith-Louis Helfenstein, Lester Merkin 8/1964:27-C. Douglas Smith 1972-Gordon J. Wrubel-Douglas Kaselitz 7/13/1975-C. Douglas Smith-Myles Z. Gerson-Bertram Cohen 3/29/1985-C. Douglas Smith-Dr. Robert A. Schuman, McCawley & Grellman Auctions/Superior 2/18/2002:1263-Dr. Wallace Lee, McCawley & Grellman Auctions/Superior 5/25/2003:511 (Includes the two Superior lot tickets. Note: Doug Smith purchased this cent 4 different times in 4 different decades, which is testament to how much he loved the coin.).
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| Realized $8,519 |
