1821 50C O-101 MS(PCGS#39575)

August 2021 Mail Bid Auction 52

Auctioneer

Sheridan Downey

Lot Number

16

Grade

AU50

Price

667

Lot Description

From 1980 until he was felled by brain cancer in 1991 Richard Pugh was a fixture at coin shows in Southern California.  His cherry-picking successes were legendary.  They included a pair of 1827 O.137s and two 1827 O.148s, not to mention the (still) R.8 1805 O.114!  His widow consigned his collection to Superior Galleries for its May/June 1992 Jack Adams Sale.  The current offering was lot 1133 in that sale.  I was the happy buyer, passing it to Tim Osborne immediately after the sale.  The russet toning is highlighted by flashes of gold, aqua and turquoise iridescence.  I suspect that the coin was stored for some time in a kraft envelope.   Estimate: $550 to $700