1829 1C Medium Letters MS61 Brown NGC. AU50 EAC....

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Description

Second Finest 1829 Newcomb-9 Cent

1829 1C Medium Letters MS61 Brown NGC. AU50 EAC. N-9, Die State II, R.4. This variety is struck from the same reverse die as Newcomb 3 and 5, with the CA of AMERICA widely recut. The first A of AMERICA is filled at top, while on N-3 and N-5 all three As show some crumbling inside the openings. Accordingly, this example was produced earlier than the others. Accompanied with this lot are a couple of past envelopes. Ted Naftzger wrote on his envelope: "IIa: 3 oc's, A of AM (only) is filled in" and on the back "Notice Walter Breen notations (light blue) on inner envelope." Walter Breen's comments on the inner envelope: "Finest known. Next best is EF only. Characteristic weak striking. Mint luster. He [Taxay] never saw N-9 unc. Neither did Clapp, Newcomb, Hines, WHS, WC Blaisdell, F. Starr, etc." Much of the intrigue of large cent collecting comes from the people involved.
This is an early die state with an obverse die crack from the border through star 12 to the back of Liberty's head, and a continuation of this same crack from her brow to star 4 and the border. In the 1989 EAC Sale catalog, Bill Noyes described this coin as AU55 and tied with one other for second finest known. In his July 2003 edition of "Penny Prices," he recorded the two finest known examples as XF45. Accordingly, we have split the difference and assigned an EAC grade of AU50. Del Bland has assigned a grade of XF45 as well. Close examination suggests that this is actually a full Mint State coin as graded by NGC, but bluntly struck on the highpoints. The surfaces are lustrous medium brown with splashes of lighter tan. Some reddish-brown toning spots are also visible on both sides.
Ex: Walter Breen; New Netherlands, 50th Sale (12/57), lot 1498; Kagin's, 299th Sale, lot 362; Kagin's, 322nd Sale, lot 179; Art Kagin (9/81); C. Douglas Smith (4/82); R.E. Naftzger, Jr.; Early American Coppers Sale (4/89), lot 308.(#1666) (Registry values: P1)

Coin Index Numbers: (PCGS# 1666, GSID# 958)

Metal: 100% Copper
Weight: 13.48 grams
Weight: 0.47549oz

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Auction Info

2005 Ft. Lauderdale FL. (FUN) Signature Sale #360 (go to Auction Home page)

Auction Dates

January, 2005

12th-15th Wednesday-Saturday

Bids + Registered Phone Bidders: 4

Lot Tracking Activity: N/A

Page Views: 405

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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 Borckardt, 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.

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Sold on Jan 13, 2005 for: $6,900.00

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