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Lot
3698

1831 1/2 C Reverse of 1836 PR65 Red and Brown PCGS. CAC. B-2, High R.5....

2014 February 27 - 28 & March 2 ANA National Money Show US Coins Signature Auction - Atlanta #1203

 
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Auction Ended On: Feb 27, 2014
Item Activity: 7 Internet/mail/phone bidders
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Location: Cobb Galleria Centre
Two Galleria Parkway
Atlanta, GA
30339
Description:

1831 B-2 Half Cent, PR65 Red and Brown
Reverse of 1836, Ex: Eliasberg Collection
1831 1/2 C Reverse of 1836 PR65 Red and Brown PCGS. CAC. B-2, High R.5. Ex: Eliasberg. 1831 half cents are identified as Original, First Restrike, and Second Restrike. This Gem is the First Restrike with large berries. The obverse has the distinctive small date and large stars that is seen on all three obverses used on 1831 proof half cents. The reverse shows the highest leaf under the left foot of the second S of STATES. The obverse is mostly fire-red, although the cheek and left obverse field are toned steel-blue. The reverse is predominantly sea-green, with cherry-red emerging from the peripheral letters. Well struck with flashy fields and exquisite eye appeal. A brief thin vertical mark above the jaw is provided for identification in any future auction appearances. Certified in a green label holder.

This example was described in the Eliasberg catalog as a Series I Restrike with the weight recorded at 82.4 grains. We find no evidence of reverse die bulging or die cracks, representing the earliest known die state. This piece was omitted from the Breen Census. Although he would have examined this coin when he viewed the Eliasberg Collection, his notes were incomplete or lost, requiring him to reconstruct the rosters of many coins from memory. Our EAC grade PR64.
Ex: John G. Mills (S.H. and H. Chapman, 4/1904); John H. Clapp; Clapp Estate (1942); Louis E. Eliasberg, Sr.; Eliasberg Estate (Bowers and Merena, 5/1996), lot 444.(Registry values: P5) (PCGS# 1190)

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