1817 50C O-109 MS(PCGS#39501)

August 2021 Mail Bid Auction 52

Auctioneer

Sheridan Downey

Lot Number

11

Grade

AU53

Price

2,761

Lot Description

Album toning, the centers with a beguiling blush of pastel russet.  Unusually strong luster for the assigned grade.  First rate eye appeal.  The coin has rested in Tim’s collection since he acquired it in an April 1990 Teletrade Auction.  Teletrade, the first company to run computerized auctions, was founded by Bernard Rome in 1986.  It remained in business until 2012 or so and was a training ground for several numismatic notables including Julie Abrams (Legend), Paul Song (Sotheby and Bonham’s) and Ian Russell (Great Collections).   Estimate: $800 to $1,100