Goldberg Coins and Collectibles

Sale 98

Lot 186

1839 N-2 R2 Head of 1838 PCGS graded MS65 Red & Brown, CAC Approved. Gorgeous bright original mint red blending to dark bluish steel on the highpoints, at least two-thirds of the original red remaining. The surfaces are highly lustrous and the eye appeal of this cent is outstanding. There is a small splash of darker toning between the upper points of star 3, a tiny diagonal nick at the dentils over star 2, and a small planchet chip in the dentils left of star 1. Nicely struck EDS. The triple peak on the 1 is clear and numerous dull die lines extend from the dentils into the legend at STA and RICA. Doubling shows on much of the reverse legend (from a true doubled die, not die bounce). A fantastic example of the Head of 1838 type. Called MS65+ and CC#1 in the Bland census. Noyes says MS65 and tied for CC#1, his photo #20769. Our grade is MS65+. The attribution and Naftzger-Ahumada provenance are noted on the PCGS label. PCGS population 2; tied for finest RB of the variety at both services. PCGS #37226. Estimate Value $5,000 - UP
Ex Hollinbeck Coin Co. 7/25/1952-Henry P. Wilke-Philip Van Cleave, Kagin's 1/30/1986:4360 (via Tony Terranova)-R. E. Naftzger, Jr., McCawley & Grellman Auctions/Goldbergs 2/1/2009:440-Manuel Ahumada Collection (includes the Naftzger collection envelope and both lot tickets).

Realized $25,850

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