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1801 1C AU58 PCGS. S-217, B-7, High R.6....

Lot: 2220, Auction: 2008 February Long Beach, CA Signature Coin Auction #460

Sold for: $103,500.00 (includes BP )
Bid Source: Live: Floor
Ended: Feb 14, 2008
Item Activity: 4 Internet/mail bidders
1,079 page views

Description:

High Census-Level 1801 S-217 Cent

1801 1C AU58 PCGS. S-217, B-7, High R.6. Bland AU50; CC-1. Noyes XF40; CC-2. Photo #21891. Our EAC Grade XF45.

Equivalents.
Newcomb 5; EAC 7; Encyclopedia 1741; PCGS #1458.

Variety. Curl point below I. Compact denominator. The obverse appears on S-217 and S-218. The reverse appears on S-216 and S-217.

Surfaces.
This is a sharply struck example with weakness only near the obverse bulge and at other areas of die damage. The surfaces are dark brown with considerable deep red, especially on the reverse. Some light surface marks are present, alongside minor patches of reddish corrosion at ERT on the obverse and within the wreath on the reverse.

Die State II.
The obverse exhibits a slight bulge left of the date, affecting the lowest curls. Heavy clash marks above RTY of LIBERTY are from the reverse border dentils. Light clash marks are visible on the reverse, especially in the lower part of the wreath, from the top of Liberty's head.

Appearances.
The obverse and reverse are illustrated in Noyes (1991).

Census.
The finest known example of the rarest "numbered" Draped Bust variety. Each side garners strong consideration for a full AU grade. It is clearly finer than any other example, the Dupont coin being next best. Del Bland recorded the following grades for each one of the 17 known examples of this die marriage: 50, 40, 25, 20 (3), 15, 8 (2), 7, 6 (2), 5, 4 (2), 3 (2). One of the VF20 coins and the Fine 15 coin are in the ANS, leaving 15 in private hands.

Commentary.
Howard Newcomb discovered this variety in the 1930s or possibly earlier. By the time Sheldon published Early American Cents, only three or four were known. In the 1958 revision, Penny Whimsy, Sheldon noted that seven were known. It is perhaps surprising that so few of these have been discovered, given the distinctive appearance of the obverse. A prize cent in every sense of the word.

Provenance.
David Proskey; Henry C. Hines (1944); Dr. William H. Sheldon (1945); Carl Wurtzbach; T. James Clarke; Carl Wurtzbach; Barney Bluestone (1949); Dr. William H. Sheldon (4/19/72); R.E. Naftzger, Jr. (2/1992); Eric Streiner (1/1994); Wes Rasmussen (Heritage, 1/2005), lot 3256, $69,000.

Personality. Barney Bluestone
was a coin dealer and cataloger who was most active in the second quarter of the 20th century. Initially, Bluestone operated in Salt Lake City, Utah from 1929 to 1936, then moved to Syracuse, New York, and finally to Miami, Florida in 1950. Martin Gengerke records 117 auction sales for Bluestone. He is most famous for his eight-part series of sales offering the Albert Grinnell Collection of paper money. (#36248)

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Shipping Description: Coins & Currency (view shipping information)

Rasmussen Special Edition Catalog
This hard bound volume contains the magnificent Wes Rasmussen Large Cent Collection, formed by a former President of the Early American Coppers society which was auctioned at the 2005 Florida United Numismatic Auction. Reserve your copy of this remarkable volume for just $75 today.
Rasmussen Signed Limited Edition Catalog
A hard bound limited library edition of the Wes Rasmussen Collection Catalog, signed by Wes Rasmussen, Mark Borckhardt, Greg Rohan, and Denis Loring, is available while supplies last. Only 100 produced. Reserve your copy of this remarkable limited edition signed volume for just $150 today.

Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
55 --- --- --- --- --- ---
58 --- --- --- --- --- ---
60 --- --- --- --- --- ---
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades Mintage Engraver
PCGS 58 1* 0* 2 0  
NGC 58 0 0 0
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auction Galleries.

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Large Cents, 1801 1C AU58 PCGS. S-217, B-7, High R.6....


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Large Cents, 1801 1C AU58 PCGS. S-217, B-7, High R.6....


Large Cents, 1801 1C AU58 PCGS. S-217, B-7, High R.6....

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