1811 1/2C Mickley Restrike, RB MS(PCGS#35245)

August 2019 ANA U.S. Coins Auction Rosemont, IL

拍卖行

Stack's Bowers

批号

5077

等级

MS65+RB

价格

152,464

详细说明

Spectacular 1811 Mickley Restrike Half Cent Ex Dunham - Brobston - Pogue 1811 Classic Head Half Cent. Mickley Restrike. Rarity-7. MS-65+ RB (PCGS). Despite being struck decades after the date it bears, the 1811 Restrike half cent has been a prime rarity since the 19th century. It bears little resemblance to an 1811 half cent struck at the Philadelphia Mint. The most obvious difference is the reverse die, which clearly belongs to an earlier half cent type. Less obvious is that the die was last used in 1802, giving this issue an ironic twist: the old, rusted obverse from the rarest date among 19th century half cents is paired with an old, rusted reverse from the second rarest date in the series. The distinctive rust stands out, seemingly unchanged from the moment these two dies were discovered in a cellar under the old Mint. While the dies seem to have been secreted fairly soon after their last use, they sat and rusted for decades before they found their way into the hands of Joseph J. Mickley. At the time Mickley was not only the dean of Philadelphia numismatists, but also one of the most notable coin collectors in the entire nation. Mickley's collection of dies was found after his death in February 1878. Philadelphia coin dealer Ebenezer Locke Mason, Jr. cataloged the dies, among other Mickley estate leftovers, for his November 1878 auction. Lot 912 was described as "1811 2 Hubs; obv. and rev. United States Half Cent; rev. slightly damaged on edge." Orosz and Augsburger's Secret History of the First U.S. Mintrecords that "O.C. Bosbyshell, the Mint coiner, reported that they were in fact dies" rather than hubs. Bosbyshell may have been among the officers of the U.S. Mint who confiscated the dies before the sale, paying Mickley's estate what they determined to be fair market value. Philadelphia collector Robert Coulton Davis recalled the Mickley dies as being "mostly in damaged and corroded condition." He noted they didn't even include "a complete pair of obverse and reverse dies," as "the obverse die of the half-cent of 1811 was muled with the reverse die of a different year." Several of the dies had been put into use by Mickley, or perhaps by others on his behalf, probably in the late 1850s. Restrikes of two scarce dates in the large cent series were struck, dated 1804 and 1823, though the "1804" restrikes were actually produced by altering an 1803 obverse. Restrikes of 1810 cents were also struck, but as genuine specimens of that date are common, only a tiny number of tin restrikes were made. Most estimates of the known population of 1811 Restrike half cents guess that about a dozen are known. The fact that most are unworn and look essentially identical in a black and white photograph makes establishing provenance chains difficult, so that number could be a few too high or a few too low. Most survivors are lustrous brown Uncs. The only one to show as much red as this one is also the only one graded higher: the Missouri Cabinet specimen. The tiny spot between the letters CA in AMERICA serves as this coin's only flaw and a ready link to its provenance, a net positive to be sure. With mostly red surfaces barely mellowed to gold in the fields and lustrous reflectivity that emerges from among the raised rust pits on both sides, this example shows uncommonly fine eye appeal for the issue. Its provenance extends back to before 1936. Provenance: Ex William Forrester Dunham Collection, before 1936; Chester F. Dunham, by descent, 1936; B. Max Mehl's sale of the William Forrester Dunham Collection, June 1941, lot 1269; Belden E. Roach Collection; B. Max Mehl's sale of the Belden E. Roach Collection, February 1944, lot 3278; Will W. Neil Collection; B. Max Mehl's sale of the Will W. Neil Collection, June 1947, lot 2250; Joseph Brobston Collection; our (Stack's) United States Half Cents (Brobston) fixed price list, 1963; A. Buol Hinman Collection; Paramount International Coin Corp.'s The Century Sale, April 1965, lot 89; Alfred Bonard to Jon Hanson; Donald Groves Partrick Collection; our (American Numismatic Rarities') Classics Sale of September 2003, lot 122; our (Stack's) Orlando sale, January 2009, lot 40; D. Brent Pogue, via Larry Hanks; our sale of the D. Brent Pogue Collection, Part V, April 2017, lot 5068. PCGS Population: 1; 1 finer (MS-66 RB). PCGS# 35245. Click here for certification details from PCGS.