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1848 N-46 R7 PCGS Fine Details, Damage

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:NA
1848 N-46 R7 PCGS Fine Details, Damage
SOLD
4,600.00USD+ buyer's premium (920.00)
This item SOLD at 2024 Jun 29 @ 18:41UTC-5 : EST/CDT
Sharpness F12 but there is a rather deep dig at the right side of star 6, the rim over star 7 was slightly flattened, and there is a small splash of silvery solder or plating at the dentils under star 12. Otherwise smooth with trivial marks. No corrosion or verdigris. Glossy light to medium brown fading to light chocolate in protected areas. This extremely rare variety combines the earliest state of the N-44/32/6 obverse die with the intermediate state of the N-10/11 reverse die. The attribution points are clear on this example. This die marriage was discovered in 1991 by Thomas R. Wagemaker (who retains the discovery coin that grades about F12), and only 6 other examples have been confirmed. This was the second example found. Our grade is net VG7, tied for CC#4 honors in that short census list of 7 pieces in the Grellman census. Plated in the third (2001) edition of the Grellman book on late date cents. A decent example of one of the three rarest business strike varieties in the 1840-1857 series (the two rarer varieties are unique: 1847 N-43 and 1851 N-42, both unique marriages of known dies. The attribution and COL Ellsworth Collection provenance are noted on the PCGS label. Ex Don Weathers 7/1995-J. R. Grellman 9/1995-R. S. Brown, Jr., McCawley & Grellman Auctions/Superior 6/2/2002:660 ($7475)-Daniel W. Holmes, Jr., Goldbergs 1/30/2011:329 ($8625)-Colonel Steven K. Ellsworth Collection, Goldbergs 9/26/2021:196 ($9300; includes the Brown and Holmes collection envelopes and all 3 lot tickets)