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Sale 54
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Lot 524
1803 S-263 R3 Small Fraction. AU-55. Plated in Newcomb, Early American Cents, Penny Whimsy, Noyes, and Breen. Mint state sharpness but the toning is a dark for a mint state cent. The eye appeal is still quite nice, and the surfaces are a satiny, lustrous uniform dark olive and steel with only a few microscopic marks. A small pinprick between the B & E in LIBERTY and another over that I are the only signs of contact. The only evidence of corrosion is small pitmark at the dentils over the right side of the A in STATES, and this defect is barely visible. LDS, Breen state VII, with a strong cud break connecting the date to the rim below and a fine die crack from the second T in STATES to the leaf below. An arc die crack at the top of the reverse outlines where the retained cud is forming for this die’s use during its more famous S-264 marriage. Both sides are plated to represent the variety in the Newcomb book on the cents of 1801-1803, Early American Cents, Penny Whimsy, Noyes, and Walter Breen’s Encyclopedia of Early United States Cents 1793-1814. In other words, virtually every significant work on the series used this cent to illustrate the variety. Graded MS60 and CC#1 in the Bland census. Noyes says MS60 net AU50 and tied for CC#1, his photo #23292. Removed from a PCGS slab graded AU58 (PCGS label included, and it shows the attribution and Husak provenance). PCGS Population 1; The only example graded at Pcgs for vsriety DWH #3496.
Estimated Value $15,000-UP.
Ex T. S. Bronson, S. H. Chapman 2/1911:407-F. G. Simpson, S. H. Chapman 6/1924:32-Howard R. Newcomb-George H. Hall-Stack’s 5/45:210-Henry Grunthal-Homer K. Downing, New Netherlands Coin Co., 1952 ANA Sale, lot 1962-C. Douglas Smith-Dr. Robert A. Schuman, McCawley & Grellman Auctions/Superior 9/5/04:573-Walter Husak, Heritage 2/15/08:2266.
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| Realized $18,400 |
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