1847 1C Newcomb 42, BN PR(PCGS#397614)

February 2020 Pre-Long Beach U.S. & World Coin Auction #115

Auctioneer

Goldberg Auctioneers

Lot Number

797

Grade

PR63BN

Price

10,200

Lot Description

Lot 797 1847 N-42 R6+ PCGS graded Proof-63 Brown, CAC Approved.Attractive light olive with overtones of light bluish steel. Mint red covers about 20% of both sides. No carbon spots, but there are some microscopic specks of slightly darker steel brown toning visible under magnification, mostly on the cheek and neck. This cent has the eye appeal of a choice Red & Brown Proof, but there are some contact marks on the obverse (the reverse is choice). The notable marks are a thin horizontal scratch on the rim at star 12, a light vertical scratch on the rim over star 6, a horizontal scratch over star 8, and a diagonal nick in the hair right of the ear lobe. Sharply struck and attractive in spite of the marks. Comes with a custom display holder inscribed "John Jay Pittman Collection." Our grade is Proof-60. The attribution and Matthews Collection provenance are noted on the PCGS label. PCGS population 1; 2 finer: 1 in 64, 1 in 66. Value $7,000 - UP Ex Charles DuPont (Anderson DuPont Collection), Stack's 9/24/1954:898-John J. Pittman Collection, David Akers Numismatics 10/21/1997:249-Robert E. Matthews Collection-Matthews Estate (lot ticket included).