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1816 N-7 R3 PCGS graded XF40

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:NA
1816 N-7 R3 PCGS graded XF40
SOLD
420.00USD+ (84.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2023 Apr 29 @ 19:15UTC-5 : EST/CDT
Glossy olive brown and chocolate with frosty light brown in some of the protected areas. No marks, and the only defects are a speck of verdigris right of the main curl and a bit of verdigris under the first S in STATES. Otherwise the surfaces are smooth and the eye appeal of this cent is excellent. M-LDS with flowlined fields but the left top of the second T in STATES is still clear. There are no dentils on either side and the edges are flat because this cent was struck without the planchet rims being upset or raised prior to striking (Breen's Type I or "First Process" planchet). Somehow this planchet avoided the required trip through the upsetting machine. A very rare type of mint error. Our grade is VF35. The attribution is noted on the PCGS label.

Ex 2018 EAC Sale, lot 325-Doctor Thomas Wachtel Collection (lot ticket included)