1801 1C, BN MS(PCGS#1458)

August 2020 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

1036

等级

MS63BN

价格

100,037

详细说明

Glossy Mint State 1801 S-216 Cent Impressive Provenance 1801 Draped Bust Cent. S-216. Rarity-1. MS-63 BN (PCGS). Type:Draped Bust. Design: Obv: A draped bust of Liberty faces right with the word LIBERTY above and the date 1801 below. Liberty's hair is tied with a ribbon, the ends of which are plainly evident at the back of the head. Rev: A wreath surrounds the denomination ONE CENT, the base of the wreath bound by a ribbon tied into a bow. The legend UNITED STATES OF AMERICA is around the border and another expression of the denomination 1/100 is below. Weight Standard: 10.89 grams. Diameter: 29 mm. Die Variety: Sheldon-216, Breen-6. Obv: Both 1s in the date are blunt and lack points, the final two digits 01 higher than the 18. The broken left foot of the letter Y in LIBERTY has been repaired. This obverse also appears in the S-221 pairing. Rev: Perfect fraction, the denominator compact with the digits closely spaced. The letter E in AMERICA is repunched at lower right and lower than the following R. This reverse also appears in the S-217 pairing. Several die marriages correspond to the normal fraction Guide Booklisting of the 1801 Draped Bust cent: S-213, S-214, S-215, S-216, S-217, S-222, S-224, NC-1, NC-2, NC-4 and NC-5. Die State: Noyes C/A, Breen II. Obv: Light die swell in the field below Liberty's chin and behind the curls weakens clash marks in those areas, die failing at the upper border, faint traces of die rust on the neck and at the ear. Rev: Perfect. Edge: Plain. Mintage: The mintage provided for this issue in most numismatic references is 1,362,837 coins, which corresponds to the Mint's deliveries for this denomination from August 17 through December 30, 1801. Some of these may have been from 1800-dated dies, while additional 1801-dated cents may have been struck during calendar year 1802. Estimated Surviving Population for the Die Variety: Rarity-1: More than 1,500 coins in all grades. Strike: This is a very well produced example from these dies, the end of Liberty's bust and the word OF in the legend are sharp (many are struck from misaligned dies with pronounced weakness in these areas). There is a touch of softness on the hair behind Liberty's brow, the lowermost curls, and several of the leaves in the wreath, upper obverse border devoid of denticulation with the word LIBERTY incomplete at top. Otherwise we note bold definition throughout the design, and the reverse border displays essentially full denticulation. Surfaces: Softly frosted surfaces have good gloss and dominant golden-brown patina. Plenty of faded mint color remains in the protected areas around the design elements and there is also some intermingled gray-brown toning. Several small to moderate-size toning spots are scattered about on the obverse, some of which are associated with tiny carbon deposits, but there is no active corrosion. Free of significant marks, the appearance on both sides is smooth and appealing. Commentary: The Mint began calendar year 1801 with no copper on hand to make cents, helping to explain why no examples of this denomination were delivered prior to August. Director Elias Boudinot had written to the Mint's primary supplier, Boulton & Watt in England, several times from December 3, 1800 through June 12, 1801, ordering additional planchets. Delays caused by the Napoleonic Wars meant that the shipment dispatched from Boulton & Watt on March 12 on board the Swanwickdid not arrive in the United States until July 11. The 20 tons of copper planchets included therein provided the stock for the Mint's entire delivery of 1,362,837 cents during calendar year 1801 (August 17 to December 30, as above). A shortage of die steel likely explains the additional delay between the planchets' arrival on June 12 and the first delivery of the year on August 17, and it certainly explains the unusually large number of broken and blundered dies used in production of 1801-dated cents. Any functional die was sorely needed, and used accordingly. Sheldon-216 was coined from one of the better die pairings of the date and, with a substantial surviving population, it is one of the most popular candidates to represent the normal fraction Guide Bookvariety of the 1801 Draped Bust cent issue. A number of Mint State examples are known, although they are rare in an absolute sense. The ESM specimen, with an illustrious provenance, is ranked CC#5 in the Bland census with an EAC grade of MS-61, while Noyes (2015) says AU55(MS-60) Average and CC#11. Provenance: From the ESM Collection. Earlier ex David U. Proskey; Henry C. Hines; Dr. William H. Sheldon, April 19, 1972; R.E. "Ted" Naftzger, Jr.; Myles Z. Gerson; Bertram Cohen, March 30, 1985; C. Douglas Smith; Herman Halpern; our (Stack's) sale of the Herman Halpern Collection of United States Large Cents, March 1988, lot 190; Robinson S. Brown, Jr.; Superior's sale of the Robinson S. Brown, Jr. Collection of Large Cents, January 1996, lot 300; Dennis Mendelson, August 1996; Denis W. Loring, April 7, 1997; W.M. "Jack" Wadlington. The plate coin for the variety in the Newcomb reference, and also the plate coin for Die State A/A in the 2015 edition of the Noyes large cent reference. The reverse is plated in Early American Centsand Penny Whimsy. PCGS Population (all die marriages of the normal reverse variety): 4; 2 finer in this category (both MS-64 BN). PCGS# 1458. NGC ID: 224B. Click here for certification details from PCGS.