LOT #3917 |
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1854 E1C One Cent, Judd-159a, Pollock-186, R.7, PR63 Brown NGC....
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Sold on Apr 25, 2013 for:
$4,112.50
Bid Source: HA.com/Live bidder
Description
1854 Seated Liberty Cent, PR63 Brown
Judd-159a, Mint-Made Electrotype
1854 E1C One Cent, Judd-159a, Pollock-186, R.7, PR63 Brown
NGC. Design. The obverse of this small cent was created by a portrait lathe that used an 1854 dollar as a model. This method of reduction caused circular die lines resulting in many blurry or indistinct details, especially in the date. The reverse is a new die with a heavy, open wreath of oak leaves and acorns tied with a ribbon and bow at bottom, 1 CENT in the center. Many different alloys were recorded, but the Judd-159a, Pollock-186 is termed a copper electrotype. Plain edge.
Commentary. According to Andrew Pollock, these pieces were Mint-made electrotypes, produced to have an authentic "ring." USPatterns.com estimates about a dozen specimens are still extant.
Physical Description. This well-preserved Select specimen offers attractive light brown surfaces, with few signs of contact. Like all known examples, the design elements on the obverse lack complete detail, due to the crude method of reduction used to produce the design. Liberty's pole is almost completely effaced and the date is weak. The reverse devices are more sharply detailed. Luster is somewhat subdued, as expected of an electrotype, but the overall aspect is surprisingly pleasing. Census: 1 in 63 Brown, 0 finer (3/13).
Provenance. "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $15; Eric P. Newman Numismatic Education Society.
From The Eric P. Newman Collection.
Coin Index Numbers: (NGC ID# 2VPG, PCGS# 11654, GSID# 12179)
View all of [Selections From The Eric P. Newman Collection ]
Auction Info
2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184 (go to Auction Home page)
Auction Dates
April, 2013
24th-28th
Wednesday-Sunday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 835
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
Truth Seeker: The Life of Eric P. Newman (softcover)
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
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