1801 1C S-223 1/000, BN MS(PCGS#36278)

August 2020 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

1039

等级

MS63BN

价格

183,402

详细说明

Condition Census 1801 S-223 Cent Prominent 1/000 Engraving Blunder 1801 Draped Bust Cent. S-223. Rarity-1. Fraction 1/000. 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 (rendered as 1/000 here, in error) is below. Weight Standard: 10.89 grams. Diameter: 29 mm. Die Variety: Sheldon-223, Breen-17. Obv: Both 1s in the date are blunt, the top of all four digits nearly in a straight line. The left base of the letter Y in LIBERTY is broken and repaired, the tip of the highest hair curl on Liberty's head is under the right upright of the letter B. This obverse also appears in the S-222 and NC-3 pairings. Rev: Blundered fraction 1/000, the left stem of the wreath elongated and ending in a sharp point near the right base of the letter U in UNITED. This reverse also appears in the S-228 pairing of the 1802-dated issue. Along with S-220 and NC-3, S-223 corresponds to the Fraction 1/000 Guide Bookvariety of the 1801 Draped Bust cent. Die State: Noyes D/B, Breen IV. Obv: Border breaks are present above the letters IB and RT in LIBERTY, the latter large, jagged, extending down the upper right side of the R and touching the upper left corner of the T. Rev: Lightly cracked from the border to the upper right side of the letter D in UNITED with prominent clash marks around the fraction, both ribbon ends, at the letters STA in STATES and O in OF, and within the wreath to the left of the letter C in CENT. 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 an overall boldly struck example with good centering and more or less complete denticulation around both sides. Liberty's portrait is sharp throughout, in fact, although the reverse is a bit blunt over the leaves in the left branch and those within the lower right of the wreath. Surfaces: Warm autumn-brown patina dominates this glossy and attractive example. Faded pinkish-rose color is most pronounced within the letters of the word UNITED on the reverse. Blushes of steel-blue iridescence are also discernible on the obverse along Liberty's profile and on the reverse within the right wreath branch. Swirls of steel-gray patina are scattered about, mostly on the obverse. A dull mark in the field below the letter L in LIBERTY is noted, and the obverse has a few other tiny marks at the back of Liberty's neck, along the top of the bust, and within the lower right field. Commentary: The three known die marriages of the Fraction 1/000 Guide Bookvariety of the 1801-dated Draped Bust cent issue represent three different reverse dies with this prominent engraving blunder. The reverse of Sheldon-223, the die pairing offered here, was also used to strike the 1802 S-228 Fraction 1/000 variety, while that of the 1801 NC-3 appears later in the S-249 marriage of the 1803-dated issue, although corrected to 1/100 therein. The reverse of S-220 is unknown in any other pairing. Breen (2000) suggests that S-223 may be one of the die marriages of the 1801-dated issue struck during calendar year 1802. It is a relatively available variety that is very popular, and even low grade survivors enjoy strong demand due to the blundered reverse. Mint State examples are of the utmost rarity, the Bland and 2015 Noyes census listings in agreement that only three such coins are extant. The ESM specimen, with an impressive provenance extending back to Henry Chapman's Bement Collection sale of May 1916, is tied for CC#2 in the Bland census, CC#3 in Noyes. The former assigns an EAC grade of MS-60, the latter says AU50(MS60) Average Minus. Provenance: From the ESM Collection. Earlier ex unrecorded source in Rhode Island, where it was found in an old trunk; Henry Chapman's sale of the Clarence S. Bement Collection, May 1916, lot 312; S.H. Chapman's sale of the Dr. Henry W. Beckwith Collection, April 1923, lot 23; Elmer S. Sears; J.C. Morgenthau's sale of the Howard R. Newcomb Collection of United States Cents, Part I, February 1945, lot 331; our (Stack's) sale of the Floyd T. Starr Collection of United States Large Cents and Half Cents, June 1984, lot 37; Douglas F. Bird; Michael Kramer; Heritage's FUN Signature Sale of January 1996, lot 6490; Walter Husak; Heritage's sale of the Walter Husak Collection, February 2008, lot 2226. Plated in Newcomb's monograph on the cents of 1801-1802-1803; obverse illustrated in Early American Centsand Penny Whimsy. PCGS Population (all die marriages of the Fraction 1/000 variety): 1; 1 finer (MS-65 BN). PCGS# 36278. Click here for certification details from PCGS.