1840 1C N-1 Small Date, RB MS(PCGS#395819)

August 2020 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

1116

等级

MS65RB

价格

100,037

详细说明

Amazing 1840 Small Date Cent CC#1 for the N-1 Dies Nearly 90% Full Red 1840 Braided Hair Cent. N-1. Rarity-2. Small Date. MS-65 RB (PCGS). CAC. Type: Braided Hair. Design: Obv: A head of Liberty faces left with 13 stars around the border and the date 1840 below. She is wearing a coronet inscribed LIBERTY, her hair tied into a bun at the back of her head by a beaded 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: 27.5 mm. Die Variety: Newcomb-1. Obv: Small Date, the point of the lowest hair curl left of the upright of the digit 4 in the date, there is no round hole in Liberty's ear. The 1840 N-1 represents the only use of this obverse die. Rev: Early states exhibit die lines between the denticles and the letters R and C in AMERICA. The 1840 N-1 also represents the only use of this reverse die. Along with N-3, N-4 and N-12, N-1 corresponds to the Small Date Guide Bookvariety of the 1840 Braided Hair cent. Die State: Grellman b, Noyes C/B. Obv: Repunching on the digits 18 in the date in earlier states is now gone, the die worn with the field microscopically rough and the tips of the denticles soft. Rev: The field is microscopically rough and the denticulation is soft due to deterioration of the die. Edge: Plain. Mintage for the Issue: 2,462,600 coins. Estimated Surviving Population for the Die Variety: Rarity-2: 751 to 1,000 coins in all grades. Strike: Well struck despite the advanced die state, both sides exhibit sharp to full detail to virtually all design elements. Apart from the denticulation, mentioned above, the only notable softness is confined to stars 6 to 9, which are blunt and more or less devoid of their centrils. Surfaces: Nearly 90% of the original rose-orange mint color remains on both sides of this exceptionally well preserved and attractive example. Toning is minimal with iridescent steel-brown to the high points and in the fields. Satin to softly frosted in texture with only a few faint carbon flecks scattered about and wispy marks in the field at stars 1 and 2 that we mention solely as identifying features. Commentary: This extraordinary Braided Hair cent retains (slightly) more mint red than any other example of the 1840 Small Date Guide Bookvariety. Graded EAC MS66 and ranked CC#1 for the 1840 N-1 dies by a full three points in the Noyes census, Grellman says "MS65+, very close to MS66" and also CC#1. In his cataloging for the Goldberg's September 2009 sale, Bob Grellman wrote that "Ted" Naftzger called this coin MS70, "and he didn't use that grade without just cause." Indeed, this gorgeous Gem is among the finest Braided Hair cents from the 1840s that we have ever offered, and should be eagerly sought by those assembling high quality cabinets. Provenance: From the ESM Collection. Earlier ex William Festus Morgan; J.C. Morgenthau & Co., Inc.'s sale of the William Festus Morgan Collection of United States Cents, June 1932, lot 317; T. James Clarke, 1966; R.E. "Ted" Naftzger, Jr.; Ira & Larry Goldberg's sale of the R.E. "Ted" Naftzger, Jr. Collection, Part III, September 2009, lot 601. PCGS Population (all die marriages of the Small Date variety): 2; 0 finer in the RB category. CAC Population: 2; 0. PCGS# 395819. NGC ID: 2266. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.