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    1844 N-8 Cent, PR65 Red Cameo
    Rare Proof-Only Variety

    1844 1C PR65 Red Cameo NGC. N-8, High R.6. Our EAC Grade PR66. A projection from the left side of the bustline, and a curved artifact on the bust, are both remnants of a misplaced 18 on this blundered obverse die. It is perhaps surprising that Mint officials would use a blundered die to produce their precious proof coins in the 1840s. The reverse is a specially prepared die that was used only for proof cents over a span of several dates from 1844 to 1849.

    In his cent reference, Bob Grellman presents a fascinating proposal: "Since this reverse die was used only to produce proof-only strikes of other 1845-49 cents and the die state never varies, it is logical to assume the proofs that use this reverse were struck after the date they carry. In fact, it is quite possible (perhaps probable) these 1844-49 proof-only varieties (and possibly a few others) were struck for collectors after large cent production had ceased altogether."

    There are only about 15 examples of this proof-only variety known today, and this piece seems to be at the head of the class. This Gem is little changed from 1958, when John Ford said: "Splendid blazing red Proof, close to perfection despite a few minute specks and a faint mark or so near twelfth star where another coin knocked against it; picayune defects not disturbing to anyone but an absolute perfectionist."

    As in 1958, this splendid blazing red proof does have a few specks, most evident above star 11, between the 1 and 8, and between the E and S in STATES. The tiny mark near star 12 remains, but it is essentially unworthy of mention. The fields are deeply mirrored around frosty red devices, imparting an excellent cameo appearance.
    Ex: F.C.C. Boyd (New Netherlands #51, 6/1958), lot 1253; Stack's (3/2006), lot 1518; Dr. M.A. Rutenberg; Joshua Collection (Heritage, 7/2008), lot 1518.
    From The Adam Mervis Large Cent Collection.(Registry values: P3) (NGC ID# 226U, PCGS# 1963)

    Weight: 13.48 grams

    Metal: 100% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

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    Auction Dates
    January, 2014
    10th Friday
    Bids + Registered Phone Bidders: 26
    Lot Tracking Activity: N/A
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