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Sale 93
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Lot 204
1849 N-30 R5 PCGS graded MS63 Brown. Lustrous light olive and steel brown with darker steel overtones, especially on the obverse. The fields are smooth and slightly reflective. This is a sharply struck mint state cent that has several carbon spots on both sides, the largest of these at the dentils over star 11 and under the tip of the wreath stem. The only signs of contact are a very light rim bruise right of star 9 and another over the I in AMERICA. EDS, die state a, without any crumbling inside the top of the N in ONE. Several examples of this variety were called proof strikes by Breen and Loring (Breen incorrectly called them early strikes of N-1), and NGC has even certified a few as proofs. In Grellman's opinion, all N-30 examples are business strikes and only the early strikes exhibit reflective fields. But the sharpness and eye appeal of the early strikes are outstanding. Our grade is MS60 sharpness net AU55, tied for CC#6 of this rare die variety in the Grellman census. The finest is a prooflike gem that resides in the ANS collection. Comes with a nice provenance. The attribution and Iskra provenance are noted on the PCGS label. PCGS population 1; none finer for the variety at PCGS. Estimated Value $2,500-UP
Ex Sidney W. Smith-Larry Whitlow (Beverly Hills Coin Shop)-R. S. Brown, Jr., Superior 9/30/1986:1190-Bob Matthews-J. R. Frankenfield (via J. R. Grellman) 8/1989-R. S. Brown, Jr. 4/17/1999-Daniel W. Holmes, Jr., McCawley & Grellman Auctions/Goldbergs 1/30/2011:387-Fred Iskra Collection (includes the Brown and Holmes collection envelopes and Holmes lot ticket).
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| Realized $3,290 |
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