1834 1C N-5 Lg 8 Lg St Med Lt, BN MS(PCGS#37042)

August 2020 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

1101

等级

MS65BN

价格

250,094

详细说明

Mint State 1834 N-5 Large 8 and Stars, Medium Letters Cent Condition Census 1834 Matron Head Cent. N-5. Rarity-4+. Large 8 and Stars, Medium Letters. MS-65 BN (PCGS). Type: Matron Head. Design: Obv: A head of Liberty faces left with 13 stars around the border and the date 1834 below. She is wearing a coronet inscribed LIBERTY, her hair tied into a bun at the back of her head by a plain cord. Rev: A circular wreath encloses the denomination ONE CENT with the legend UNITED STATES OF AMERICA around the border. Weight Standard: 10.89 grams. Diameter: 28-29 mm. Die Variety: Newcomb-5. Obv: Large 8, Large Stars. In the date, the digit 3 is a trifle low and the 4 leans left. Always seen in this pairing with an encircling peripheral crack through the date and all stars, as well as roughness from die rust at the letters LIBE in LIBERTY, at the top and back of Liberty's portrait, and on the neck. This obverse die was used earlier in the 1834 N-6 pairing. Rev: Medium Letters in the legend UNITED STATES OF AMERICA. The letter E in CENT is boldly repunched at the top. The letter O in ONE leans left and the first A in AMERICA is even further canted to the left. This workhorse reverse die was used earlier in the 1831 N-3, 1835 N-1 and 1835 N-5 pairings. N-5 is the only die marriage that corresponds to the Large 8 and Stars, Medium Letters Guide Bookvariety of the 1834 Matron Head cent. Die State: Noyes C/E. Obv: The only known die state in this pairing, with the crack and die rust described above, as well as a die chip at the border outside stars 8 and 9 and the denticle tips soft due to repolishing of the die. Rev: The die is worn with roughness in the fields, the denticles fading, and some of the peripheral letters soft. Edge: Plain. Mintage for the Issue: Mint records state that 1,855,100 cents were produced during calendar year 1834. The actual coinage from 1834-dated dies is greater, however, since by studying reverse die states numismatic scholars have confirmed that the 1834 N-5 variety was struck after the 1835 N-1 and N-5. As such, additional 1834-dated cents are included in the mintage for calendar year 1835. All three varieties share the same reverse die, which was first used in the 1831 N-3 pairing. Estimated Surviving Population for the Die Variety: Rarity-4+: 76 to 117 coins in all grades. Strike: Although struck from an advanced state of these dies, especially the reverse, this is well produced coin in an 1834 N-5 cent. Central detail on both sides is sharp to full, the stars on the obverse are crisp with nearly full radial lines, and border denticulation is complete. The legend UNITED STATES OF AMERICA is fully legible despite the aforementioned softness to a few of the letters. Surfaces: Glossy autumn and medium brown surfaces are fully lustrous with a satin to softly frosted texture. Subtle steel-olive highlights are also evident, and there are no distracting blemishes. A couple of faint, wispy hairline scratches in the obverse field before the coronet and at star 13 are the most useful identifiers. Commentary: The most challenging Guide Bookvariety of the 1834-dated Matron Head cent issue to collect, the Large 8 and Stars, Medium Letters is represented only by the scarce (R4+) Newcomb-5 die pairing. Bland, Noyes and Grellman each grade the ESM specimen MS-60 by EAC standards, confirming its significance among examples in numismatic hands. CC#1 in the Bland census and CC#3 in Noyes, our offering of this coin represents an important bidding opportunity for advanced collectors of middle date large cents. Provenance: From the ESM Collection. Earlier ex David Bland, Jr., April 1976; Del Bland; Larry Whitlow, May 1976; Myles Z. Gerson, March 7, 1977; R.E. "Ted" Naftzger, Jr.; Ira & Larry Goldberg's sale of the R.E. "Ted" Naftzger, Jr. Collection, Part II, February 2009, lot 308. PCGS Population (Large 8 and Stars, Medium Letters variety only): 2; 0 finer in this category. There is just one coin graded by PCGS in the RB category -- MS-65 RB -- and none in the RD category. PCGS# 37042. NGC ID: 225R. Click here for certification details from PCGS.