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

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

Auctioneer

Goldberg Auctioneers

Lot Number

802

Grade

AU58+BN

Price

312

Lot Description

Lot 802 1848 N-5 R4+ Second 8 Repunched PCGS graded AU58+, CAC Approved.Glossy medium brown and light chocolate with generous traces of faded mint red in protected areas on both sides. Looks mint state but there is a hint of rub on the highest points of the portrait. The only marks are a pair of thin, very light nicks on the throat and a puff of darker steel toning at TA in STATES. MDS, die state d, with die cracks on the reverse. The repunching right of the second 8 is clear. Our grade is AU58, tied for CC#8 in the Grellman census. The attribution and Matthews Collection provenance are noted on the PCGS label. PCGS population 1; 3 finer: 2 in 63, 1 in 64. Value $425 - UP Ex Chris McCawley-Dr. Robert J. Shalowitz 11/1997-Robert E. Matthews Collection-Matthews Estate.