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1850 P1C One Cent, Judd-119 Original, Pollock-134, Low R.6, PR65 NGC....
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Description
1850 Annular Cent Pattern in Billon
Judd-119 Original, PR65
1850 P1C One Cent, Judd-119 Original, Pollock-134, Low R.6, PR65
NGC. Ex: Bass/ANA Museum Display. The annular cent pattern,
with a largish hole in the middle. The obverse displays the
denomination CENT at the top, the date 1850 at the bottom, two
rosettes at the sides, and a perforation in the center. A small die
crack runs from the right top of the T in CENT to the rim nearby.
The reverse, in the process of shattering and showing heavy die
cracks, has the inscriptions USA (the curious U not parallel to the
rim) and ONE TENTH SILVER around. Struck in billon (10% silver, 90%
copper) with a plain edge and medal turn. (Metallurgical analysis
conducted by NGC in July 2014 confirms this result, 89% copper, 10%
silver.) The pieces struck in billon and with a center perforation
are considered original strikings; however, it is unclear exactly
when the cracked reverse billon pieces were produced. These curious
pieces were struck when it became clear that the large copper cents
in circulation at the time were too cumbersome for commercial
transactions. The annular, or "ring" concept, was tried out on
several denominations, including the gold dollar. The thought was
that a larger-sized coin could be struck and still maintain the
weight of a smaller-sized coin. This lovely example shows
variegated rose and blue toning on each side with no mentionable
contact marks on the bright proof surfaces.Ex: ANA Auction (Stack's, 8/1971), lot 255; Harry W. Bass Research Foundation. Accompanied by an inventory tag showing provenance. HBCC-6017 (Bass Sylloge number).
Selections From The Harry Bass, Jr. Foundation's A.N.A. Museum Display.
Coin Index Numbers: (NGC ID# 2983, PCGS# 11511)
View all of [Selections From The Harry Bass, Jr. Foundation's ANA Museum Collection ]
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