1818 1C, BN MS(PCGS#1600)

August 2020 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

1071

等级

MS66BN

价格

60,439

详细说明

Exceptional 1818 N-10 Cent Tied for Finest Graded by PCGS Popular Randall Hoard Variety 1818 Matron Head Cent. N-10. Rarity-1. MS-66 BN (PCGS). CAC. OGH. Type:Matron Head. Design: Obv: A head of Liberty faces left with 13 stars around the border and the date 1818 below. She is wearing a coronet inscribed LIBERTY, her hair tied into a bun at the back of her head by a plain cord. Rev: A circular wreath encloses the denomination ONE CENT with the legend UNITED STATES OF AMERICA around the border. Weight Standard: 10.89 grams. Diameter: 28-29 mm. Die Variety: Newcomb-10. Obv: Easily attributable by a series of prominent peripheral die cracks through the date and all of the stars. (No examples from a perfect die without the cracks are known to exist.) The 1818 N-10 represents the only use of this obverse die. Rev: The letters NIT in UNITED step down to the right, a denticle is centered over the upright of the letter I in AMERICA, and the letter T in CENT bold, low and canted to the right. This reverse die also appears in the 1818 N-8 pairing. All die marriages of this issue correspond to the single Guide Booklisting for the 1818 Matron Head cent. Die State: Noyes C/B. Obv: The diagnostic peripheral crack through the date and stars is plainly evident, the die deteriorating with flowlines and the stars drawing toward the border. Rev: The reverse die is also worn, with flowlines and the letters in the legend drawing toward the border. Edge: Plain. Mintage for the Issue: 3,167,000 coins. Estimated Surviving Population for the Die Variety: Rarity-1: More than 1,500 coins in all grades. Strike: The advanced die state discussed above explains why this coin is more or less softly defined at the borders with scant denticulation on the obverse and none on the reverse. The peripheral devices are also beginning to merge with the border, especially the letters in the legend UNITED STATES OF AMERICA on the reverse. The obverse stars are sharper, however, with bold to full centrils, and the central devices are sharply defined throughout. Surfaces: This is a lovely example with solid technical quality and strong eye appeal. Both sides are overall smooth. Original gray-brown toning blankets both sides and lightens to golden-brown over the lower right reverse, representing fading of original color. Some of the rose-red color remains and is discernible in the protected areas around and among the central devices, especially Liberty's portrait on the obverse. Commentary: One of the most popular Matron Head cent varieties for Mint State type purposes, the 1818 Newcomb-10 comprised the majority of coins in the famous Randall Hoard. This hoard, which contained thousands of large copper cents mostly dated from 1817 through 1820, was rumored to have been found beneath a railroad platform in Georgia some time after the Civil War, but before 1869. Supposedly hidden in a small keg (or multiple kegs), the hoard was named for John Swan Randall of Norwich, New York, who purchased the coins after they had changed hands several times since their discovery. After Randall's death in 1878, the coins that remained were offered at auction by Edward D. Cogan. The most readily available variety from the Randall Hoard is the 1818 N-10, as above, followed by the 1820 N-13. Over the years, even as late as the 1970s, it was not unheard of to find groups of Randall Hoard cents offered by coin dealers. However, as the 20th century came to a close, examples were usually found as individual pieces. The ESM specimen undoubtedly traces it provenance to the Randall Hoard, and it is certainly among the finest cents found therein. A newcomer to the Condition Census for the 1818 N-10 dies as of our January 2013 offering of the Cardinal Collection, this coin will be just right for another world class cabinet. Provenance: From the ESM Collection. Earlier ex Legend Numismatics; Cardinal Collection Educational Foundation; our sale of the Cardinal Collection, January 2013 Americana Sale, lot 13029. PCGS Population (all die marriages of the issue): 3; 0 finer in this category. CAC Population: 2; 0. PCGS# 1600. NGC ID: 2253. Click here for certification details from PCGS.