1848 1C N-16, BN MS(PCGS#406479)

1848 1C N-16, BN MS (PCGS#406479)

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

Auctioneer
Goldberg Auctioneers
Lot Number
810
Grade
MS64BN
Price
720
Lot Description
Lot 810 1848 N-16 R2 PCGS graded MS64 Brown, CAC Approved.Lustrous light olive and steel brown with 5-10% of the planchet mellowed showing mint red. Satiny mint frost covers this cent and the eye appeal is outstanding. Flawless except for a dull scratch nestled between the U in UNITED and the adjacent ribbon end. MDS, die state c, with dull die clashmarks on both sides. A very nice cent. Our grade is MS62, tied for CC#5 in the Grellman census. Previously housed in a PCGS holder graded MS63RB (PCGS older green label #01884.63/7166183). The attribution and Matthews Collection provenance are noted on the PCGS label. PCGS population 1; 2 finer: 1 in 64+, 1 in 65+.Value $400 - UP Ex Joseph V. Dooley, McCawley & Grellman Auctions 6/5/1993:346-Dean Rodina, McCawley & Grellman Auctions 9/13/1997:300-Robert E. Matthews Collection-Matthews Estate (includes both lot tickets).
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