1801 1C S-219 3 Errors, BN MS(PCGS#36272)

The Regency Auction 28

拍卖行

Legend Rare Coin Auctions

批号

211

等级

AU53BN

价格

323,383

详细说明

Legend Rare Coin Auctions is proud to offer this VERY IMPORTANT EAC treasure! Among the absolute finest graded at PCGS for this popular Red Book type, this S-219 is within the PCGS Condition Census and finest graded at PCGS, with just three coins graded finer, AU58, MS60 BN and MS62 BN. Ultra smooth surfaces for an early Large cent show off a very pleasing medium brown color with some hints of mahogany and olive that come out when rotated in a light. The surfaces offer a glossy finish with some surviving mint luster clinging to the protected areas of the devices. A close inspection with a strong glass reveals a few very minor lines and ticks, but nothing that is singularly detracting with the naked eye. The quality is very high end for the grade, and you really cannot beat the eye appeal. The 3 Errors reverse are very interesting, clearly the engraver at the mint was rushing or otherwise not paying attention as he punched the devices into the die. The most evident error is the fraction, written as 1/000 rather than the proper 1/100. Either the engraver could not find the U punch or it was broken, regardless, UNITED is spelled out IINITED. The final of the three errors is that there is only 1 stem on the wreath, not two. This reverse die was matched to two different obverses, used in the VERY RARE S-218, and on this more "common" S-219. Since this is a later usage of the reverse die, it does show multiple major die cracks and clash marks, all artifacts of the early minting process, adding allure to the look. PCGS 2, NGC 0, CAC 1. This coin, as best as we can tell is totally fresh to the market and we cannot find a previous appearance in auction. This does not appear to match any of the coins listed in Breen's census. We can tell it is not the NN64 coin, which was struck from an unbroken reverse die, nor does it match the Bareford-Halpern coin, which is currently graded PCGS MS62 BN and sold in February 2017 for $108,688. The "EF45" from Auction '79 found its way to the Tom Reynolds Collection as PCGS AU58 CAC that sold for $73,438. The "EF40, sharpness of AU50 but cleaned and recolored" is the PCGS AU53 ex Husack, Holmes, and Mervis, which realized $54,344 in January 2014. As the third finest PCGS-graded example and the second finest approved by CAC, we know there will be intense bidding from all sorts of early copper enthusiasts when this one crosses the block. This coin is truly bound for a WORLD CLASS collection of early U.S. Large cents and we know it will bring a very strong realization. Congratulations in advance for adding such an important coin to your collection! Cert. Number 35793970 PCGS # 1461