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1832 B-2, C-EO7 (C-2), R.7, PR64+ Red and Brown PCGS. CAC. Our EAC Grade PR63....
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Sold on Aug 22, 2022 for:
$26,400.00
Bid Source: Live: Floor bidder
Description
1832 B-2 Half Cent, PR64+ Red and Brown
Extensive and Important Provenance
1832 B-2, C-EO7 (C-2), R.7, PR64+ Red and Brown PCGS. CAC. Our
EAC Grade PR63. Equivalents. Proskey 1;1-A; Ross 1-A;
Gilbert-1; Empire-77; Cohen-EO-7 (C-2); Breen-2, BW-2.Rarity. All three varieties of 1832 half cents have been identified in proof format with a total population of about 14 examples, including eight proofs from the B-2 dies.
Obverse 1 appears on Breen-1, 2, and 3. New star punches were used for the first time in 1832. The stars are smaller than those found in previous issues of the design. The left edge of the hair curl is below the center of the 2 in the date that uses the small punches first employed in 1831.
Reverse B appears on Breen-2. This is the only Classic Head half cent die that has the highest leaf point below the E in STATES. The N in UNITED, first S and E in STATES, and both A's in AMERICA show recutting. Most letters of HALF CENT are outlined. The F in HALF and the N in CENT lean to the left.
Edge. Plain.
Surfaces. Fully mirrored and sharply defined with distinctive toning that changes from blue to emerald to gold depending on the angle of a light source. Splashes of pale blue and violet are evident on the reverse.
Die State. Breen Die State I with no reverse die crack.
Appearances. Illustrated at the PCGS Set Registry record of the McGuigan Collection. Plated in the Mougey, Jackman, 1954 New Netherlands, and Showers catalogs.
PCGS Population (6/2022). Six submissions of 1832 half cents are PCGS certified as proofs. The six coins are certified as PR64 Brown, PR64+ Brown, PR64+ Red and Brown, PR65 Brown, PR65 Red and Brown, and PR66 Red and Brown. This example and the PR66 Red and Brown are the only two of those coins attributed as B-2.
Commentary. The finest 1832 proofs include the Missouri Cabinet example of Breen-2 graded PR66+ Red and Brown PCGS; the Pittman-ESM example of Breen-1 graded PR65 Red and Brown PCGS; the Missouri Cabinet-Simpson Breen-1 graded PR65 BN PCGS; the Partrick Collection Breen-1 graded PR65 BN NGC; and the present McGuigan example of B-2 graded PR64+ Red and Brown PCGS.
Only three of the 14 1832 proof half cents have a provenance that dates before the 1950s. The McGuigan Collection proof is the only one of those three that is privately held.
McGuigan Commentary. Choice iridescent bluish-brown reflective surfaces.
Provenance. Ex: Peter Mougey; William H. Woodin (Thomas L. Elder, 9/1910), lot 316; Lyman H. Low; Allison W. Jackman (Henry Chapman, 6/1918), lot 887; D.W. Valentine (Thomas L. Elder, 12/1927), lot 536a; Hillyer C. Ryder; Ryder Estate; Wayte Raymond (12/1944); New Netherlands (6/1954), lot 310; Phillip Showers (Stack's, privately, 1969); Willis H. Dupont; Fred S. Werner (2/1976); Superior (2/1976); Joe Flynn & Son; Essex Numismatics (James Jelinski, 3/1984).
Personality. A wholesale grocer in Cincinnati, Ohio, Peter Mougey was born in Cincinnati on February 23, 1841 and died there on February 13, 1908. Family trees at Ancestry.com give his formal name as Pierre Nicolaus Mougey. His parents were both born in France. Thomas L. Elder sold the Mougey Collection, that he billed as the finest large cent collection ever offered, in September 1910.
Personality. Allison W. Jackman was born Pennsylvania in February 1849, per the 1900 Federal census. He died at Barnstable, Massachusetts on October 23, 1917. At the time of his death, he was a resident of Poughkeepsie, New York. Jackman was a life member of the American Numismatic Association, joining the organization in June 1883, according to a report of his death in The Numismatist. In the catalog of his sale, Henry Chapman wrote: "Mr. Allison W. Jackman was a highly cultured gentleman who devoted his life to study, having never engaged in business and being a most devoted son with an equally appreciative mother, his collecting was a pleasure to both of them."
From The James R. McGuigan Half Cent Collection.
Coin Index Numbers: (Variety PCGS# 35298, Base PCGS# 1196, Greysheet# 213457)
Weight: 5.44 grams
Metal: 100% Copper
More Information:
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Auction Info
2022 August 22 - 28 US Coins Signature® Auction #1348 (go to Auction Home page)
Auction Dates
August, 2022
22nd-28th
Monday-Sunday
Bids + Registered Phone Bidders: 21
Lot Tracking Activity: N/A
Page Views: 474
Buyer's Premium per Lot:
20% of the successful bid per lot.
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