1854 1C Newcomb 12, BN MS(PCGS#406094)

1854 1C Newcomb 12, BN MS (PCGS#406094)

September 2021 Pre-Long Beach U.S. & World Coin Auction #123

Lot Description: Lot 399 1854 N-12 R2 Repunched 1 PCGS graded MS65 Brown, CAC Approved.Frosty medium steel brown with at least 5% of the original mint color remaining visible on the obverse but only peeps of mint red showing on the reverse. The surfaces are satiny but the luster is subdued by a thin layer of natural oxidation. Sharply struck and the only notable mark is a tiny planchet flake in the field close off the chin (as struck). E-MDS, die state a late, with a dash below the base of the 1 (from a misplaced 1). A minor low spot (caused by grease on the die) covers the neck. Our grade is MS62+, CC#6 for the variety in the Grellman census. The attribution and COL Ellsworth Collection provenance are noted on the PCGS label. PCGS population 1; 1 finer in 66. Estimated Value $600 - UP Ex Tom Reynolds 11/1989-Gary M. Ruttenberg, McCawley & Grellman Auctions 8/19/1995:733-R. S. Brown, Jr., McCawley & Grellman Auctions/Superior 6/2/2002:1311 ($633)-Martin Paul (The Rarities Group), McCawley & Grellman Auctions/Superior 2/24/2003:495-Colonel Steven K. Ellsworth Collection (includes the last lot ticket).