LOT Old Heritage Auctions  /  2008 February Long Beach Signature Coin #460  / 

2216

1801 1C AU50 PCGS. S-213, B-1, R.2

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1,450.00 USD Estimated At:1.00 - 1,000,000.00 USD
1801 1C AU50 PCGS. S-213, B-1, R.2
<B>1801 1C AU50 PCGS. S-213, B-1, R.2.</B></I> <B>Bland VF30; tied for CC-11. Noyes VF35; tied for CC-4. Photo #39159. Our EAC Grade VF30.<BR><BR>Equivalents. </B></I>Proskey 6; Doughty 161; McGirk 3B; Newcomb 1; EAC 1; <I>Encyclopedia </B></I>1738; PCGS #1458.<BR><B><BR>Variety. </B></I>Date evenly spaced, first 1 pointed. Numerator nearly rests on high, thin fraction bar. The obverse appears on S-213. The reverse appears on S-213, S-214, and S-215.<BR><B><BR>Surfaces.</B></I> Both sides have a pleasing blend of chestnut, olive, and light brown. The obverse has a small depression on the neck, with other insignificant abrasions on each side. Traces of verdigris on the reverse are of little consequence.<BR><B><BR>Die State VI. </B></I>Bold parallel cracks on the obverse are usually the diagnostic to identify this variety. The reverse has light cracks through and near ERICA and the right ribbon, and heavy clash marks are located below the left ribbon and over UN.<BR><B><BR>Census. </B></I>Bland only records five examples of this variety in grades better than VF, including a single Mint State coin, and an AU example that has not been seen since 1945. Noyes grades the piece slightly finer, and places it in a tie with three others for fourth finest known, including two ANS Collection coins.<BR><B><BR>Commentary. </B></I>The parallel die cracks at the upper right of the obverse appear on nearly every known example of S-213, providing instant identification for the variety, since the obverse die was retired after its single use for this marriage.<BR><B><BR>Provenance. </B></I><I>Ed Hipps; McCawley and Grellman (1/1997), lot 241, $1,650.</B></I><BR><B><BR>Personality. Ed Hipps</B></I> is a nationally recognized dealer, lauded as a "collector's dealer" and an early copper enthusiast, who joined EAC in 1993. Numerous Condition Census examples have passed through his hands over several decades in the coin business.<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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