1818 50C O-104a MS(PCGS#39518)

February 2021 Mail Bid Auction 51

Auctioneer

Sheridan Downey

Lot Number

31

Grade

AU58

Price

2,724

Lot Description

Lester Merkin sold this coin to Floyd Farley in January 1968.  Floyd, BHNC member #2, consigned the coin to my November 1999 MB Sale No. 24 (as a raw AU 55).  Keith Davignon was the winner.   He had it graded by NGC.  Voila - MS 61!  Floyd stored his coins in kraft envelopes which accounts for the lovely pastel blue, rose and silver-grey patina.  The surfaces are immaculate.  A light drift mark (planchet impurity) crosses stars 8-12.  If you appreciate die breaks on your early halves, this one has a doozy, from the date to star 3.  Davignon placed the coin in MB 39 (lot 21, August 2014) after crossing it to its current PCGS holder.  Tim Osborne prevailed at $2,482, later passing it to his friend and BHNC colleague Tom Sears.  What a coin!  What a wonderful provenance! Estimate: $1,800 to $2,400