2219

1801 1C MS62 Brown PCGS. S-216, B-6, R.1

Currency:USD Category:Coins & Paper Money / US Coins Start Price:3,250.00 USD Estimated At:1.00 - 1,000,000.00 USD
1801 1C MS62 Brown PCGS. S-216, B-6, R.1
<B>1801 1C MS62 Brown PCGS. S-216, B-6, R.1.</B></I> <B>Bland MS60; tied for CC-6. Noyes MS60; CC-3. Photo #24359. Our EAC Grade MS60.<BR><BR>Equivalents. </B></I>Proskey 5; Doughty 160; McGirk 3A; Newcomb 8; EAC 6; <I>Encyclopedia </B></I>1741; PCGS #1458.<BR><B><BR>Variety. </B></I>18 low, 01 high. Compact denominator. The obverse appears on S-216 and S-221. The reverse appears on S-216 and S-217.<BR><B><BR>Surfaces.</B></I> Fully lustrous and frosty light brown surfaces have splashes of darker steel toning on the obverse, accompanied by a small area of blue-green color near the date. A faint hairline is visible from the bottom of the neck, slanting down toward the drapery. Otherwise, both sides are pristine. The reverse has subtle traces of faded mint red in the protected areas. The strike is blunt, as usual for the variety. <BR><B><BR>Die State II. </B></I>Clash marks are visible inside the wreath. Those on the obverse have mostly faded away. There is no evidence of the State III rim break over STA.<BR><B><BR>Census. </B></I>This example ranks among several Mint State coins, including a couple Gems. Bland records the following top pieces: 67-65-65-62-61-60 (6). One of the 65 coins is in the ANS Collection. Noyes suggests that the top pieces grade: 65-63-60 (7), grading the finest ANS coin MS60.<BR><B><BR>Commentary. </B></I>When Howard Newcomb wrote the initial comprehensive study of 1801, 1802, and 1803 varieties in 1925, he including extensive die state data, and attempted to create an emission sequence. Although continued study over the last 80 years suggests a revised sequence in many cases, his initial work remains a valuable reference.<BR><B><BR>Provenance. </B></I><I>Ellis Robison (Stack's, 2/1982), lot 425, $850; C. Douglas Smith; Del N. Bland (5/1982); G. Lee Kuntz (Superior, 10/1991), lot 238, $3,960; J.R. Frankenfield (Superior, 2/2001), lot 487, $8,050.</B></I><BR><BR><B>Personality. Ellis H. Robison</B></I> graduated from Cornell University in 1918, and he became the owner of John L. Thompson & Sons & Co., a pharmaceutical corporation, after a 25-year career there. Proceeds from his impressive collection of U.S. coinage, including many noted examples of Colonial issues, went to Cornell, Brown University, Russell Sage College, and Rensselaer Polytechnic Institute. Funds in his name and that of his late wife, Doris, have benefited athletic programs and other endeavors at both Cornell and Rensselaer.<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)