Lot 106
1847 N-8 R3 PCGS graded MS64 Red & Brown. Lustrous medium olive and bluish steel with 15% of the mint red showing on the obverse, at least 35% on the reverse. The notable defects, and they are trivial, are a speck of darker toning in the dentils at star 1, another between star 4 and the nose, and a tiny planchet chip on the coronet over the I in LIBERTY. EDS, die state a, without the additional die crack through the top of ME. The fine die lines at the neck and throat are sharp and the obverse fields are smooth. Called MS63 and tied for CC#1 in the Noyes census, his photo #31238. Our grade is MS63, tied for CC#4 in the Grellman census. The attribution and COL Ellsworth Collection provenance are noted on the PCGS label. PCGS population 1; none finer (the only example of the variety graded at PCGS). Estimated Value $1,500 - UP
Ex Howard R. Newcomb-Floyd T. Starr, Stack's 6/13/1984:508-R. E. Naftzger, Jr.-Naftzger Estate, McCawley & Grellman Auctions/Goldbergs 9/7/2009:763 ($1438)-Adam Mervis, Heritage Auctions 1/10/2014:2293-Colonel Steven K. Ellsworth Collection (includes the Naftzger collection envelope and the lot tickets from the Starr and Mervis sales).
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| Realized $2,880 |
