1807/6 1C Small 7, BN MS(PCGS#1525)

August 2020 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

1053

等级

F12BN

价格

266,766

详细说明

Elusive 1807/6 S-272 Cent Small 7, Blunt 1 1807/6 Draped Bust Cent. S-272. Rarity-4+. Small 7, Blunt 1. Fine-12 (PCGS). Type:Draped Bust. Design: Obv: A draped bust of Liberty faces right with the word LIBERTY above and the date 1807 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-272, Breen-2. Obv: Small, narrow 7 in the date punched over a larger 6, the digit 1 is blunt at the top left. S-272 represents the only use of this obverse die. Rev: Small Fraction and Letters, the U in UNITED distant from the ribbon end, the point of a leaf under the left side of the upright of the letter D in the same word. This reverse die also appears in the S-271 and S-273 pairings. S-272 is the only die marriage that corresponds to the 1807/6 Small 7, Blunt 1 Guide Bookvariety of the 1807 Draped Bust cent. Die State: Noyes A/A, Breen I. Obv: Perfect. Rev: Perfect. Edge: Plain. Mintage: The Guide Bookprovides a mintage for this issue of 829,221 coins, which represents three quarterly deliveries of cents during calendar year 1807, plus the first quarter's delivery during calendar year 1808, as follows: -First quarter 1807 = 264,000 coins -Second quarter 1807 = 225,221 coins -Fourth quarter 1807 = 238,000 coins -First quarter 1808 = 102,000 coins As usual in the Draped Bust cent series, the actual number of coins struck from 1807-dated dies is unknown and can only be estimated. For example, many of the coins delivered during calendar year 1807 may have been from earlier-dated dies, perhaps as early as 1803, and the actual date(s) of the coins struck during the first quarter of 1808 was not recorded. No cents were delivered during the third quarter of 1807. Estimated Surviving Population for the Die Variety: Rarity-4+: 76 to 117 coins in all grades. Strike: All major design elements on both sides remain bold except for the letter F in OF, which is faint, yet still appreciable. Liberty's eye, nose and mouth are clear, and many of the individual hair strands and lines in the drapery are relatively crisp. The impression is slightly off center to 11 o'clock on the obverse, affecting only the denticulation along the upper left border. Reverse border also weak at top, yet due more to wear than strike. Surfaces: Dark steel-brown patina throughout, the obverse with a few swirls of olive-rose. The obverse is microporous with a tiny flan flaw on Liberty's forehead, a couple of light nicks in the field before the nose, and several wispy pin scratches in the lower left field behind the portrait. The reverse is rough and granular, yet free of significant marks. Commentary: Unknown in Mint State, the 1807/6 Small 7, Blunt 1 (a.k.a. Small Overdate) has long been popular with collectors and ranks among the most famous of all large cent rarities. Only 100 or so examples are believed extant, most of which are well worn, if not also significantly impaired. In fact, fewer than half a dozen coins are known that grade better than Fine on the EAC scale. The ESM specimen is not far below that level, graded VG-8 as it was in Superior's 1986 sale of the Robinson S. Brown, Jr. Collection. With overall bold detail, including a full date and clear underdigit, this coin is sure to find many willing buyers among advanced large cent enthusiasts. Breen speculates that the obverse die of the 1807 S-272 variety was prepared in 1803, albeit without the final digit. It was originally completed as an 1806-dated die for use (beginning in) that year, but the disabling of the Mint's cent press in April suspended production of this denomination until January 1807. The die was not used in 1806, as a result, but was overdated and utilized during or after the first quarter of 1807. Provenance: From the ESM Collection. Earlier ex Ray Chatham; Abe Kosoff, 1958; Herman Engelhardt (Montrose Coin Gallery); Ralph Brown, August 19, 1959; Darwin B. Palmer, Jr.; Del Bland, 1973; Robinson S. Brown, Jr.; Superior's sale of the Robinson S. Brown, Jr. Collection, September-October 1986, lot 399. PCGS Population: 3; 11 finer (AU-55 finest). PCGS# 1525. Click here for certification details from PCGS.