Lot 257
1802 S-228 R2 Error Fraction 1/000. PCGS graded MS-65 Red & Brown. Choice lustrous mint red fading to steel brown and olive with 20% of the red remaining on the obverse, 10% on the reverse. Nearly flawless; a superior cent in every respect. The only marks, and they are trivial, are a faint spot of lighter reddish steel brown toning on the left top of the B in LIBERTY and a very thin vertical nick or planchet void in the field left of the top of the hair ribbon. M-LDS, Breen state IV. All the die cracks described by Breen are clear. The error fraction (1/000) feature is obvious. A superior example of this popular "Redbook" variety; perfect for a top-notch registry set. The reverse of this cent is plated in Penny Whimsy and both sides are illustrated in the 1991 Noyes reference. Graded MS65 Choice and tied for CC#1 in the Noyes census, his photo #21588. Bland says MS64 and CC#1. Our grade is MS64. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 1; none finer at PCGS for the variety. The only example graded Red & Brown at PCGS (PCGS # 36342) .
Estimated Value $40,000-UP.
Ex David Proskey-Henry C. Hines-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner-Jay Parrino (The Mint)-Superior 9/7/1997:55 (includes the Naftzger collection envelope, Superior lot ticket, and an old NGC slab label grading this cent MS66RB, label #506412-001).
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| Realized $82,250 |
