1823 50C O-101, Broken 3 MS(PCGS#39620)

August 2016 Mail Bid Auction 43

Auctioneer

Sheridan Downey

Lot Number

36

Grade

AU53

Price

2,860

Lot Description

From the collection of Tim Osborne.  Last offered in MB 38, lot 41, Jan. 2014 where it brought $2,889.  Described as follows: The attractive rose and grey toning is somewhat lighter than the plate suggests.  Cartwheel luster is complete though tempered by the overlying patina.  The pleasant surfaces show nothing more than trivial signs of circulation.  An AU Broken 3 never goes unnoticed; recent auction records in this grade approach the $3,000 mark.  You may expect sturdy competition for this Red Book staple.  If anything, the demand for an AU broken 3 has escalated over the past 2-3 years.  Est. $2,500 to $3,000