1837 1C Beaded Cords, BN MS (PCGS#1729)
August 2020 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 1107
- 等级
- MS66BN
- 价格
- 10,837
- 详细说明
- Frosty Mint State 1837 N-10 Head of 1838 Cent
Impressive Provenance, Including Dupont
1837 Modified Matron Head Cent. N-10. Rarity-1. Head of 1838. MS-66 BN (PCGS). CAC.
Type:Modified Matron Head.
Design: Obv: A head of Liberty faces left with 13 stars around the border and the date 1837 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-10. Obv: Head of 1838, with a beaded hair cord. In the date, the digit 7 is low and closer to the border than Liberty's lowest hair curl. The 1837 N-10 represents the only use of this obverse die. Rev: The first letter T in STATES is high and leaning left, there is a die defect in the center of the highest leaf in the wreath below the letters NI in UNITED. This reverse also appears in the 1838 N-5 pairing.
Four die marriages correspond to the Head of 1838 Guide Bookvariety of the 1837 Modified Matron Head cent: N-9, N-10, N-11 and N-12.
Die State: Noyes C/B. Obv: Die crumbling is evident along the lower border from 5 to 8 o'clock, with additional die deterioration in the form of flowlines throughout the field. Rev: The die is worn with flowlines around the periphery and the denticulation weakening.
Edge: Plain.
Mintage for the Issue: 5,558,300 coins.
Estimated Surviving Population for the Die Variety: Rarity-1: More than 1,500 coins in all grades.
Strike: Both sides are sharply defined in the centers, Liberty's portrait, the wreath and denomination ONE CENT universally crisp. Peripheral detail is softer, commensurate with the die state, the obverse stars blunt and lacking centrils, the legend UNITED STATES OF AMERICA on the reverse a bit weak. Denticulation is a bit soft in isolated areas, yet complete around both sides.
Surfaces: A frosty, hard and tight example with dominant sandy-brown patina on both sides, glints of blue-gray iridescence evident in the centers. Appreciable rose-red color remains in the protected areas around Liberty's portrait and, less so, around the peripheries on both sides. As smooth as would be expected for the assigned grade, the only useful identifier is a tiny carbon spot in the right obverse field between stars 10 and 11.
Commentary: An outstanding coin to represent the Head of 1838 Guide Bookvariety of the 1837 cent issue, this richly original PCGS-certified Gem is sure to see spirited bidding when it crosses the auction block. EAC MS-60 and tied for CC#13 with one other in the Noyes census.
Provenance: From the ESM Collection. Earlier ex our (Stack's) Anderson-Dupont Catalogue, Part I, September 1954, lot 773; Dorothy Nelson; our (Stack's) sale of the Tad Collection of U.S. Large Cents, February 1976, lot 125; unknown intermediaries; Paramount's session of Auction '86, July 1986, lot 1526; Superior's February 3, 4, 5, 1991 Sale, lot 900; Tom Reynolds.
PCGS Population (all die marriages of the Head of 1838 variety): 17; with a single MS-66+ BN finer in this category.
PCGS# 1729. NGC ID: 225U.
Click here for certification details from PCGS.
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