49

1837 N-12 R3 Beaded Hair Cord, Head of 1838 MS64

Currency:USD Category:Coins & Paper Money / US Coins Start Price:725.00 USD Estimated At:1,500.00 - 0.00 USD
1837 N-12 R3 Beaded Hair Cord, Head of 1838 MS64
1837 N-12 R3 Beaded Hair Cord, Head of 1838 MS64. The "Accessory E" variety. Choice lustrous medium brown and light chocolate with at least 15% of the original mint color remaining, mostly on the reverse. The fields are satiny and the eye appeal is very nice. The notable marks are a tiny planchet flake in the field off the lower lip and a speck of dark toning between the C & E in CENT. LDS. Die wear and lapping have weakened the peripheral details so they are in lower relief and the curl over the 7 in the date is severed. The stray E punched into the wreath under the E in AMERICA, the so-called "Accessory E," is clear. Called MS63 and tied for CC#5 in the Noyes census, his photo #21341. Bland says MS63 and tied for CC#3 in his census. Removed from a PCGS slab graded MS65RB (PCGS label included, and it shows the attribution and Naftzger provenance).
Estimated Value $1,500-UP.

Provenance: Ex Gordon J. Wrubel 1978-C. Douglas Smith-Herman Halpern, Stack's 3/16/88:504-R. E. Naftzger, Jr., McCawley & Grellman Auctions/Goldbergs 2/1/2009:391, The Northwest Collection.