148

1823 Private Restrike PCGS graded MS62 Brown

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:NA
1823 Private Restrike PCGS graded MS62 Brown
SOLD
1,600.00USD+ buyer's premium (320.00)
This item SOLD at 2023 Dec 02 @ 18:33UTC-6 : CST/MDT
Sale to be held at:
Hilton Garden Inn Austin Airport
7610 John Glenn Way
Austin, TX 78741
Frosty light olive and steel brown with overtones of light bluish steel. Looks mint state but there is a hint of rub on the very highest points of the devices. The best identifying mark is a tiny planchet flake right of star 9. These private restrikes were made outside the mint using discarded mint dies sold as scrap. The obverse die used was the normal Newcomb-2 variety of 1823, but apparently a reverse die of the type used in 1823 was not available and they substituted a reverse die used for the 1813 Sheldon-293 variety. Both dies were heavily rusted and soon cracked as these "restrikes" were being produced. The result was an “1823” cent that looked nothing like the genuine mint product. The piece offered here is from the late state of the dies with strong cud breaks on the obverse and many cracks on both sides. Our grade is AU58.Certificate: Pedigree: Ex Chris McCawley 4/11/1997