1802 1C No Stems, BN MS(PCGS#1476)

August 2020 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

1041

等级

MS63BN

价格

116,710

详细说明

Superior 1802 S-231 Stemless Wreath Cent Tied for CC#5 1802 Draped Bust Cent. S-231. Rarity-1. Stemless Wreath. MS-63 BN (PCGS). Type:Draped Bust. Design: Obv: A draped bust of Liberty faces right with the word LIBERTY above and the date 1802 below. Liberty's hair is tied with a ribbon, the ends of which are plainly evident at the back of the head. Rev: A wreath surrounds the denomination ONE CENT, the base of the wreath bound by a ribbon tied into a bow. The legend UNITED STATES OF AMERICA is around the border and another expression of the denomination 1/100 is below. Weight Standard: 10.89 grams. Diameter: 29 mm. Die Variety: Sheldon-231, Breen-9. Obv: The letter Y in LIBERTY is broken at its left foot and the point of the highest hair curl at the top of Liberty's head is between the letters BE. S-231 represents the only use of this obverse die. Rev: Stemless Wreath, and distinguished from the other reverse die for the 1802-dated cents with this feature by the absence of repunching to the fraction bar in the denomination 1/100 and the final letter S in STATES. S-231 also represents the only use of this reverse die. S-231 and S-241 are the only two die marriages that correspond to the Stemless Wreath Guide Bookvariety of the 1802 Draped Bust cent. Die State: Noyes D/E, Breen VII. Obv: Prominent cracks are evident through the base of the date, from the border through the letter R in LIBERTY, base of the adjacent T, below the Y and arcing to the border at 3 o'clock, and with a fork in the latter crack before Liberty's mouth that arcs to the border at 4 o'clock. Rev: Also extensively cracked: through the base of the denomination and the U in UNITED to the border above that letter; from the border through the letter E in UNITED and back to the border after curving through the left wreath and the letters AT in STATES; and from the border through the left serifs of the letter E in STATES, the wreath and the C in CENT to the left ribbon bow. Edge: Plain. Mintage: The Guide Bookprovides a mintage of 3,435,100 coins for the 1802 Draped Bust cent, which represents the sum of all of the Mint's deliveries for this denomination during calendar year 1802. Some of these coins may have been from 1801-dated dies, while many 1802-dated cents were probably struck during early 1803. Estimated Surviving Population for the Die Variety: Rarity-1: More than 1,500 coins in all grades. Strike: This is a well struck example with otherwise bold to sharp detail that comes up just a bit short on the reverse within the wreath below the letters RI in AMERICA. That side of the coin is nicely centered with full denticulation around the border, obverse impression drawn trivially to 2 o'clock with no denticulation along the upper right border. Surfaces: Wonderful original surfaces exhibit slight mottling of olive-gray to otherwise dominant golden-brown patina. Remnants of faded mint color persist in the protected areas around some of the peripheral lettering on the reverse. Hard and smooth with good gloss, light toning spots on the reverse at the letter F in OF and around the left ribbon end, two tiny nicks in the field before Liberty's chin. Commentary: The reverse of Sheldon-231 is one of several in the Draped Bust cent series missing one or both stems to the wreath. This feature is attributable to human error. The stems of the wreath were not part of a device punch and, as such, had to be cut into each working die by hand. In the case of this and other Stemless Wreath reverse dies in the Draped Bust cent series, the engraver simply forgot to add the stems. Survivors from the S-231 pairing are plentiful, with a number of About Uncirculated and Mint State coins comprising the Condition Census. The ESM specimen is tied for CC#7 in the Bland census and tied for CC#5 in the 2015 Noyes census with EAC grades of AU-50 and AU50(AU55) Average, respectively. Provenance: From the ESM Collection. Earlier ex our (Bowers and Merena's) Marvin P. Matlock, M.D. Collection sale, March 1991, lot 151; Douglas F. Bird. The plate coin for the late die state of the variety in the 1991 edition of the Noyes large cent reference. PCGS Population (both die marriages of the Stemless Wreath variety): 2; 4 finer in all categories (MS-64+ RB finest). PCGS# 1476. NGC ID: 224F. Click here for certification details from PCGS.