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1803 1C Large Date, Large Fraction. AU58 PCGS. S-265, B-23, R.4....
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Sold on Feb 15, 2008 for:
$34,500.00
Bid Source: Live: Floor bidder
Description
Finest Known 1803 S-265 Large Cent
1803 1C Large Date, Large Fraction. AU58 PCGS. S-265, B-23, R.4. Bland AU50; CC-1. Noyes XF40; tied for CC-1. Photo #21443. Our EAC Grade XF45.Equivalents. Proskey 19; Doughty 197; McGirk 20A; Ross 19; Newcomb 22; EAC 24; Encyclopedia 1758; PCGS #1501.
Variety. Large Date, pointed 1. Large Fraction. Final S repunched. The obverse appears on S-264 and S-265. The reverse appears on S-265.
Surfaces. Glossy chestnut and olive surfaces with some maroon and dark steel toning on the obverse. The surfaces retain traces of luster. A few tiny planchet chips and insignificant surface marks are apparent, but of little concern.
Die State VII. The obverse has die cracks similar to the S-264, above. The reverse die is shattered, but not bulged in this state.
Appearances. The obverse and reverse are illustrated in Newcomb, Penny Whimsy, and Noyes (1991).
Provenance. Dr. Henry W. Beckwith (S.H. Chapman, 4/1923), lot 32, $70; William Festus Morgan; J.C. Morgenthau (6/1932), lot 72, $36; Stack's (6/1949); C. Douglas Smith (9/1959); Dr. William H. Sheldon (4/1972); R.E. Naftzger, Jr. (2/1992); Eric Streiner (4/1992); John B. MacDonald (1/1997).
Personality. William Festus Morgan formed a collection of 425 large cents, including proofs from the Beckwith Collection. J.C. Morgenthau sold the collection in June 1932. The J.C. Morgenthau auction firm conducted numismatic sales cataloged by the team of Wayte Raymond and James Macallister, who "operated in the higher circles of numismatic society" according to Adams. Of Macallister, Dr. Sheldon noted that he was knowledgeable about coppers, and that those he dealt with liked and trusted him.
Coin Index Numbers: (NGC ID# 224G, Variety PCGS# 36413, Base PCGS# 1501, Greysheet# 80051)
Weight: 13.48 grams
Metal: 100% Copper
View all of [The Walter J. Husak Collection ]
Auction Info
2008 February Long Beach, CA Signature Coin Auction #460 (go to Auction Home page)
Auction Dates
February, 2008
14th-16th
Thursday-Saturday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 1,245
Buyer's Premium per Lot:
15% of the successful bid per lot.
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