1848 1C Newcomb 5, BN MS(PCGS#406450)

1848 1C Newcomb 5, BN MS (PCGS#406450)

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

Auctioneer
Goldberg Auctioneers
Lot Number
803
Grade
AU55BN
Price
252
Lot Description
Lot 803 1848 N-5 R4+ Second 8 Repunched PCGS graded AU55.Glossy light olive with mint frost in protected areas. Nicely struck and nearly flawless with light friction on the highpoints of the devices. The only mark is a diagonal nick left of star 12. Rare LDS, die state f, with a small but strong rim cud break off the end of the wreath stem. Our grade is EF45+, CC#6 of those known with the cud break in the Grellman census. The attribution and Matthews Collection provenance are noted on the PCGS label. PCGS population 2; 5 finer: 1 in 58, 1 in 58+, 2 in 63, 1 in 64.Value $300 - UP Ex Robert E. Vail, Superior 9/7/1997:725-Robert E. Matthews Collection-Matthews Estate (lot ticket included).
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