Lot 176
1847 N-1 R2 Repunched Date MS60+. Attractive lustrous light steel brown with delicate overtones of bluish steel and 5% of the mint red remaining, mostly on the reverse. Would rate a slightly higher grade except for a dull rim nick at A in STATES and a much smaller one right of star 12. Sharply struck E-MDS, die state b early. A fine die crack connects ICA to the stem and ribbon and faint cracks pass through the tops of UNITED and MER. Many of the fine die polishing lines of the earliest state are still visible and the date repunching is obvious on all 4 digits. Excellent luster and eye appeal in spite of the minor defects. Very close to a higher grade. Tied for CC#6 in the Grellman census. DWH #2480.
Estimated Value $400-UP.
Ex Doug Bird 12/94-Walter Dudgeon 6/98 (via Bob Grellman)-R. S. Brown, Jr., McCawley & Grellman Auctions/Superior 6/2/2002:338-Martin Paul-Chris McCawley 7/04.
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| Realized $1,265 |
