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Sale 54


 
 
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Lot 1074

1851 N-34 R4 PCGS graded MS64 Red & Brown. Heavily Blunted Devices Variety. Mellowed mint red faded to olive and steel on the devices, about half the faded mint color remaining on both sides. The only defect worthy of any consideration is a very shallow planchet lamination between star 10 and the rim at the right, as struck. This is a very curious die variety as both dies are heavily blunted on every device except for the date, which is normal and sharply defined. It is obvious that these dies were improperly prepared and then allowed to rust before the date was added and they were placed into service following a polishing to smooth out the fields. This obverse die was later mated with a different (normal, not blunted or rusted) reverse to strike the N-40 variety, which is rare, while the blunted N-34 reverse die was discarded. At a glance you might think this cent is damaged in some way, but it is virtually as struck and represents one of the very finest known from this die pair. EDS, die state a, with fine die polishing lines above TES-OF. Called MS63 and tied for CC#1 in the Noyes census, his photo #31131. Our grade is MS64, tied for CC#1 in the Grellman census.
Estimated Value $1,000-UP.
Ex Doug Bird 9/5/88-Wes Rasmussen 2/92 (via Bob Grellman).


 
Realized $1,553



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