1803 1C S-260, BN MS(PCGS#36404)

November 2021 Baltimore U.S. Coins auction

Auctioneer

Stack's Bowers

Lot Number

4009

Grade

MS64BN

Price

31,200

Lot Description

Stunning Mint State 1803 S-260 Cent A Newcomer to the Modern Market Claims to CC#1 1803 Draped Bust Cent. S-260. Rarity-1. Small Date, Large Fraction. MS-64 BN (PCGS). CAC. An enchanting example of the type, date and die pairing that would serve as a highlight in the finest early copper cabinet. Glossy olive-brown patina dominates the in hand appearance and explains the BN color designation from PCGS. We stress, however, that this coin is definitely PQ in the BN category as both sides retain considerable mint color with vivid pinkish-red nestled in the protected areas around and within many of the design elements. A soft satiny texture is seen throughout, the surfaces expectably smooth overall for the Choice Mint State rating assigned by PCGS, and confirmed by CAC. A few speckles of faint carbon are evident on the obverse, but only after careful inspection, and only one close in to the lower right border has any claim to usefulness as an identifier. Provenance purposes are also aided by a shallow flan flaw that is out of the way at the lower left obverse border. Well centered in strike with just the usual softness over the lower left reverse; Liberty's portrait is particularly noteworthy for its sharpness of detail. Sure to be of keen interest to advanced EAC collectors, this highly significant S-260 is making its first appearance in the modern numismatic market. As such, it is a newcomer to the census listings and, since it has more mint red than any S-260 cent of which we are aware, it has legitimate claim to CC#1. Acquired by our consignor's father in the 1950s or 1960s "off the beaten path," and carefully preserved since then, this outstanding Draped Bust cent is sure to fetch a price commensurate with its quality and rarity. Provenance: From the Collection of Dr. Frances W. Constable. PCGS# 1485. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA. Click here to see Coins in Motion.[“Coins]