Lot 196
1848 N-46 R7 PCGS Fine Details, Damage. Sharpness F12 but there is a rather deep dig at the right side of star 6, the rim over star 7 was slightly flattened, and there is a small splash of silvery solder or plating at the dentils under star 12. Both sides are covered with light contact marks, strongest a thin diagonal nick in the field before the chin. Glossy light to medium brown blending to light chocolate in protected areas. The planchet is free of any roughness or verdigris and all the attribution points are clear. This extremely rare variety combines the earliest state of the N-44/32/6 obverse die with the intermediate state of the N-10/11 reverse die. This die marriage was discovered in 1991 by Tom Wagemaker (who retains the discovery coin that grades about F12) and only 5 other examples have been uncovered. This one, which was the second piece found, grades net VG7 and is tied for CC#3 honors in that short census list of 6 pieces in the Grellman census. Plated in the third (2001) edition of the Grellman book on late date cents. A decent example of one of the three rarest business strike varieties in the 1840-1857 series (the other two varieties are unique). The attribution and COL Ellsworth Collection provenance are noted on the PCGS label. Estimated Value $7,000 - UP
Ex Don Weathers 7/1995-J. R. Grellman 9/1995-R. S. Brown, Jr., McCawley & Grellman Auctions/Superior 6/2/2002:660 ($7475)-Daniel W. Holmes, Jr., Goldbergs 1/30/2011:329 ($8625)-Colonel Steven K. Ellsworth Collection (includes the Brown and Holmes collection envelopes and both lot tickets).
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| Realized $9,300 |
