1832 1C Medium Letters, RB MS(PCGS#1691)

August 2020 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

1096

等级

MS65RB

价格

133,383

详细说明

Impressive Red and Brown Uncirculated 1832 N-2 Cent Medium Letters Ex Harlan P. Smith, 1906 1832 Matron Head Cent. N-2. Rarity-3. Medium Letters. MS-65 RB (PCGS). CAC. Type:Matron Head. Design: Obv: A head of Liberty faces left with 13 stars around the border and the date 1832 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-2. Obv: Star 1 is close to the end of Liberty's bust, and the inner point of star 6 is just left of the coronet tip. The digit 8 in the date is low and, in the word LIBERTY, the letter E is repunched, the letter R less so. The 1832 N-2 represents the only use of this obverse die. Rev: Medium Letters in the legend UNITED STATES OF AMERICA. The final letter S in STATES is high, and there are traces of indiscriminate repunching between and around the letters STA in the same word. The 1832 N-2 also represents the only use of this reverse die. Along with N-1, N-2 corresponds to the Medium Letters Guide Bookvariety of the 1832 Matron Head cent. Die State: Noyes C/B. Obv: A prominent crack is evident from the border outside star 4 and continuing through stars 5 to 10. The die is worn with heavy flowlining in the field and the denticles starting to fade. Rev: The fields are flowlined and the letters in the legend UNITED STATES OF AMERICA are soft from die wear. Edge: Plain. Mintage for the Issue: Mint records state that 2,362,000 cents were delivered during calendar year 1832. The actual mintage from 1832-dated dies is less, however, since the reported total includes the 1831 N-5 variety, which was struck after the 1832 N-1. Both varieties share the same reverse die. Estimated Surviving Population for the Die Variety: Rarity-3: 301 to 400 coins in all grades. Strike: Well struck for the advanced die state, the features in and around the centers are boldly to sharply defined. The peripheries are softer, as above, the denticulation fading on both sides, many of the stars on the obverse blunt and lacking centrils, and the letters in the legend UNITED STATES OF AMERICA a bit blurry. Surfaces: This lustrous and frosty example retains plenty of vivid rose-apricot mint color. The surfaces are also lightly and originally toned in steely-brown patina. The appearance is smooth and appealing, and even close inspection with a loupe finds no worrisome blemishes. Provenance concerns alone compel us to mention a tiny, shallow planchet void on Liberty's cheek before the hair curl. Commentary: This handsome and attractive coin is a significant survivor from the 1832 N-2 dies and is ranked CC#3 in the Noyes census. The Heritage cataloger (presumably Mark Borckardt) assigned an EAC grade of MS-63 in the firm's 2008 offering. Perfect for a highly regarded large cent cabinet. Provenance: From the ESM Collection. Earlier ex S.H. and H. Chapman's sale of the Harlan P. Smith Collection, May 1906, lot 1146; New Netherland's 59th Sale, June 1967, lot 1288; Lester Merkin's sale of October 1972, lot 595; R.E. "Ted" Naftzger, Jr.; Heritage's sale of the Joshua and Ally Walsh Collection of United States Cents, January 2006 FUN Signature Auction, lot 616; Heritage's sale of the Joshua Collection, July-August 2008 Baltimore ANA Signature Auction, lot 1054. PCGS Population (both die marriages of the Medium Letters variety): 1; 0 finer in this category. There are no RD examples of this variety known to PCGS. PCGS# 1691. Click here for certification details from PCGS.