1845 Second Restrike (Reverse of 1840), B-3, C-SR22, R.6, PR65 Red and Brown PCGS. Our EAC Grade PR64. CAC. ...

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Description

1845 B-3 Half Cent, PR65 Red and Brown
Second Restrike, Reverse of 1840
From the Norweb Collection

1845 Second Restrike (Reverse of 1840), B-3, C-SR22, R.6, PR65 Red and Brown PCGS. Our EAC Grade PR64. CAC. Equivalents. Gilbert-2; Empire-103; Cohen-SR22; Breen-3, BW-3.

Rarity. A dozen examples are indicated in the Breen-Hanson Condition Census and the Bowers-Whitman Guide Book estimates that 12 to 14 proofs are known. Richard T. Coleman, Jr. records 19 proofs.

Obverse 1. Christian Gobrecht's Braided Hair design of 1840 (now dated 1845) is described at lot 3129.

Reverse C. This reverse die, described above at lot 3121, appears on all of the proofs that are labeled "Second Restrikes."

Edge. Plain.

Surfaces. A stunning Gem proof, this piece from the famous Norweb Collection has substantial faded orange mint color on the obverse with splashes of vibrant blue, green, gold, and violet toning. The reverse is mostly toned blue and green-gold, with areas of violet that is faded from orange mint color. The strike is a trifle weak on the high points of Liberty's hair, and on the leaves in the wreath.

Die State (Sholley). Obverse now has light rust across die with larger patches in all fields and scattered light polish lines. This is the initial pairing of Reverse C with the 1845 obverse and the second such "group" struck, the first strikes being the pairing with the 1840 obverse. The reverse has been heavily lapped approximately on a 45° angle from lower left to upper right, but the angle was different enough that there are obvious lines from this lapping crossing those of the previous one. The lapping has reduced the rust seen on the initial use with the 1840 obverse around ED STA, HA, and the top of E. The heavy rust pits around LF, EN, and to the wreath appear a bit lighter. The reverse die state is so nearly the same on pairings with several other obverses that they were all likely part of a "group striking." Likely struck mid-1867.

Appearances. Illustrated at the PCGS Set Registry record of the McGuigan Collection. Plated in Thomas Elder's September 1910 catalog and in the Norweb catalog.

PCGS Population (6/2022). Only three of the 17 submissions of 1845 Restrike half cents are attributed as Second Restrikes with the Reverse of 1840, and those three coins graded PR65 Brown, PR65 Red and Brown, and PR66 Brown.

Commentary. The McGuigan Collection coin is the fifth finest of 20 examples known to us.

McGuigan Commentary. Superb reflective red and iridescent blue obverse and iridescent red, blue, and green toned reverse.

Provenance. Ex: Peter Mougey; William H. Woodin; Thomas L. Elder (9/1910), lot 328; Elmer Sears; Albert Holden; Mrs. R. Henry Norweb (Bowers and Merena, 10/1987), lot 112.

Personality. Elmer S. Sears was born in Fall River, Massachusetts on March 13, 1874, and died in Swansea, Massachusetts, on September 23, 1937. He was a coin dealer and the discoverer of the 1803 NC-1 large cent. Sears provided financial assistance to Wayte Raymond for his United States Coin Company enterprise.
From The James R. McGuigan Half Cent Collection.

Coin Index Numbers: (Variety PCGS# 35376, Base PCGS# 1282, Greysheet# 213399)

Weight: 5.44 grams

Metal: 100% Copper

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