LOT #4398 |
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1831 1C Medium Letters, N-3, R.1, MS66+ Red and Brown PCGS....
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Sold on May 9, 2024 for:
$40,800.00
Bid Source: Live: Phone bidder
Description
1831 N-3 Cent, MS66+ Red and Brown
Medium Letters Reverse
The Finest Certified 1831 Cent
1831 1C Medium Letters, N-3, R.1, MS66+ Red and Brown PCGS.
Ex: Naftzger-D. Brent Pogue. Noyes Die State B/B. Both dies are
perfect, meaning there are no clash marks or die cracks. Through
use, light radial flowlines have appeared that are pulling stars
and letters gently toward the border. This Premium Gem is an
amazing cent that shows splendid chocolate-brown toning with violet
and sea-green, all accompanying substantial fiery mint red luster.
Bill Noyes grades this piece MS65 and tied with one other for the
finest surviving 1831 N-3 cents known today. However, this example
may be slightly finer. Jerry Bobbe, who owned both of the top
examples, described this piece as "the Most Perfect N-3 of the
non-Proofs." The provenance of this piece prior to 1964 is in
doubt. Bill Noyes links this piece to lot 1515 in New Netherlands
50th Sale of 1957. The Naftzger catalog, and PCGS Coin Facts today,
associate this piece with Abe Kosoff's 1958 ANA sale. The coin was
not plated in either catalog. Not doubted is the fact that this is
the finest existing 1831 cent of any variety according to PCGS.
PCGS Medium Letters Population: 1 in 66 Red and Brown (1 in 66+), 0
finer. PCGS N-3 Population: 1 in 66 Red and Brown (1 in 66+), 0
finer (3/24).Ex: Louis Helfenstein Collection (Lester Merkin, 8/1964), lot 136; Dr. E. Yale Clarke (Stack's, 10/1975), lot 96; American Rare Coin Investors; Jerry A. Bobbe (6/1979); R.E. Naftzger, Jr.; Naftzger Estate (Goldberg Auctions, 2/2009), lot 250; D. Brent Pogue Collection (Stack's Bowers, 3/2017), lot 5171; Mike Gasvoda's Arizona Collection / FUN Signature (Heritage, 1/2022), lot 3090.
Coin Index Numbers: (NGC ID# 225M, Variety PCGS# 36998, Base PCGS# 1682, Greysheet# 80537)
Weight: 13.48 grams
Metal: 100% Copper
Auction Info
2024 May 8 - 12 CSNS US Coins Signature® Auction #1374 (go to Auction Home page)
Auction Dates
May, 2024
8th-12th
Wednesday-Sunday
Bids + Registered Phone Bidders: 36
Lot Tracking Activity: N/A
Page Views: 343
Buyer's Premium per Lot:
20% of the successful bid per lot.
Rasmussen Special Edition Catalog
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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.
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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