1848 1C Newcomb 1, BN MS(PCGS#406438)

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

Auctioneer

Goldberg Auctioneers

Lot Number

146

Grade

AU58+BN

Price

660

Lot Description

Lot 146 1848 N-1 R1 Repunched 184 PCGS graded AU58+, CAC Approved.Glossy light olive and steel brown with faded mint red on 5% of the obverse, 10% of the reverse. Nicely struck with just a few minor marks. The notable marks are a tiny tick on the chin, another on the front edge of the neck, and a spot of darker toning under star 2. MDS, die state b, with repunching visible on the 184, strongest on the 4. The obvious repunching seen on the 18 in the early state was severely weakened by lapping. Our grade is MS60, tied for CC#6 in the Grellman census. The attribution and COL Ellsworth Collection provenance are noted on the PCGS label. PCGS population 1; 5 finer: 1 in 62, 1 in 63, 2 in 64, 1 in 65. Estimated Value $400 - UP Ex Clement V. Schettino, McCawley & Grellman Auctions 1/7/1995:619-R. S. Brown, Jr., 2002 EAC Sale, McCawley & Grellman Auctions 4/20/2002:601-Chris McCawley, McCawley & Grellman Auctions/Superior 9/5/2004:1078-Colonel Steven K. Ellsworth Collection (includes the last lot ticket).