1848 1C Newcomb 31, BN MS(PCGS#406521)

September 2021 Pre-Long Beach U.S. & World Coin Auction #123

Auctioneer

Goldberg Auctioneers

Lot Number

180

Grade

MS64+BN

Price

1,620

Lot Description

Lot 180 1848 N-31 R2+ PCGS graded MS64+ Brown, CAC Approved.Glossy olive and light chocolate with slightly faded mint red covering 15-20% of the planchet, mostly on the reverse. No spots or stains, and this cent has excellent eye appeal. The only notable marks are three tiny rim nicks at stars 8-10. M-LDS, die state d early, with 2.5 dentils over the R in AMERICA fused together by crumbling. A bit softly struck on the coronet over LIB but most of the stars have some radial lines. Our grade is MS62, tied for CC#6 in the Grellman census. The attribution and COL Ellsworth Collection provenance are noted on the PCGS label. PCGS population 2; 3 finer: 2 in 65, 1 in 65+.Estimated Value $750 - UP Ex a dealer on the bourse of the 1987 Alabama Numismatic Society Convention-J. R. Grellman Collection 9/1995-R. S. Brown, Jr., McCawley & Grellman Auctions/Superior 2/8/2000:2233-Wesley A. Rasmussen, 2001 EAC Sale, McCawley & Grellman Auctions 3/31/2001:496-Elmer Guthrie (Great Pacific Collection), Goldbergs 2/16/2020:267-Colonel Steven K. Ellsworth Collection (includes the Grellman, Brown, Rasmussen, and Guthrie collection envelopes and the last 2 lot tickets).