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Lot
66

1804 1C Restrike MS65 Brown PCGS....

2009 August Los Angeles, CA US Coin Auction #1128

 
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Auction Ended On: Jul 31, 2009
Item Activity: 5 Internet/mail/phone bidders
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Location:

Hyatt Regency Century Plaza
2025 Avenue of the Stars
Los Angeles, CA 90067

Description:
MS65 Brown 1804 'Restrike' Cent
1804 1C Restrike MS65 Brown PCGS. Because the 1804 large cent has eluded numismatists for decades, some Mint officials, apparently during the freewheeling James Ross Snowden era, made "restrikes" of the 1804 cent, illogically combining a severely rusted and cracked 1804 cent obverse with the reverse of an 1820 Newcomb-12 cent (not 1818, as Sheldon states). Sheldon quotes Proskey-Doughty regarding this bizarre fabrication: "This singular example of the low moral tone of some of our public officials made its appearance about the year 1860 ... in no (real) sense a re-strike ... but manufactured for the sole purpose of supplying coin dealers with a cent ... they could sell to young and ignorant collectors ..." Sheldon says, "I think we can let this pungent comment stand without elaboration." Breen speculates they may have been struck for Joseph A. Mickley or Dr. Montroville Dickeson. A second unofficial restrike, struck for Mickley of the 1823 large cent, was apparently fabricated at the same time by the same perpetrators.
This piece displays the characteristic severe die rust and obverse crack, with a tinge of remaining red around the obverse periphery. There are no visible post-strike distractions. Population: 3 in 65 Brown, 7 finer (6/09). MRB MS60. (PCGS# 45344)

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