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Description

1850 One Cent, Judd-124 Restrike, PR64

1850 P1C One Cent, Judd-124 Restrike, Pollock-139, Low R.7, PR64 NGC.
Design.
ONE above, CENT below a central ringed area, which on some of its siblings is perforated, but not here. Rosettes are to the left and right. The reverse offers USA above, ONE TENTH SILVER at top and bottom. Struck in copper-nickel with a plain edge.

Commentary.
An experiment in producing a smaller-size cent piece, one intended, of course, to be produced in silver with a central perforation to lower the weight and corresponding silver content. The originals were produced in billon (90% copper, 10% silver), with weights from 24 to 26 grains, but they were too subject to counterfeiting, among other difficulties with the issue.

Physical Description.
Light gray-rose color covers both sides, with some minor flecks noted on both sides but nonetheless attractive. The reverse (ONE TENTH SILVER) side shows extensive peripheral die breaking through the legends. The die apparently shattered early during the striking of the originals. NGC Census: 1 in PR64, 2 finer. PCGS Population: 4 in PR64, none finer (12/08).

Provenance.
Ex: Stack's auction (6/1980).
From The Lemus Collection, Queller Family Collection Part Two.
(PCGS# 11532)

View all of [The Lemus Collection, Queller Family Collection Part Two ]

Service and Handling Description: Coins & Currency (view shipping information)

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Auction Info

Auction Dates
January, 2009
7th-11th
Internet/Mail/Phone Bidders: 10
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