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

2221

1801 1C Three Errors. Fine 15 PCGS. S-218, B-8,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:24,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1801 1C Three Errors. Fine 15 PCGS. S-218, B-8,
<B>1801 1C Three Errors. Fine 15 PCGS. S-218, B-8, High R.5.</B></I> <B>Bland Fine 12; CC-3. Noyes Fine 12; CC-4. Photo #21590. Our EAC Grade Fine 12.<BR><BR>Equivalents. </B></I>Newcomb 4; EAC 8; <I>Encyclopedia </B></I>1742; PCGS #1461.<BR><B><BR>Variety. </B></I>Curl point below I. Three Errors. The obverse appears on S-217 and S-218. The reverse appears on S-218 and S-219.<BR><B><BR>Surfaces.</B></I> Pleasing dark brown color with traces of deeper steel toning. The surfaces are moderately abraded as expected for the grade. A tiny planchet void is evident over the O in OF. The Husak coin has the finest surface quality of any S-218 available to collectors.<BR><B><BR>Die State II. </B></I>The obverse has a heavy die bulge over ERTY and another behind the lowest curl. Breen described State II as an extremely rare die state. Given the rarity of the variety, both die states could be called extremely rare.<BR><B><BR>Appearances. </B></I>The obverse and reverse are illustrated in Breen's <I>Large Cent Encyclopedia</B></I>.<BR><BR><B>Census. </B></I>The finest known example is a VF30 in the ANS Collection, followed by just two or three coins that grade Fine. Noyes records 28 different examples in his Census. Of those, two are labeled Average Plus, eight are called Average, 10 are called Average Minus, and eight are called Scudzy. This wonderful Census-level piece is one of the two Average Plus coins, and the other is in the ANS Collection.<BR><BR><B>Commentary. </B></I>An easy variety to attribute, with LIBERTY place far to the right, the point of curl below the I, rather than its usual location below the B. The reverse is the famous Three Errors reverse. The rarity and low overall Condition Census of S-218 makes this a worthwhile die marriage to hunt down unattributed.<BR><BR><B>Provenance. </B></I><I>James G. Macallister (1932); Dr. William H. Sheldon (8/1950); C. Douglas Smith (1971); Robinson S. Brown, Jr. (Superior, 9/1986), lot 321, $4,180; Jack H. Robinson (Superior, 1/1989), lot 461, $7,425; John R. Frankenfield (Superior, 2/2001), lot 490, $19,550.</B></I><BR><BR><B>Personality. </B></I>A resident of Philadelphia, <B>James G. Macallister</B></I> was born in 1892 and died on October 13, 1945. He was a professional numismatist who cataloged coins for Wayte Raymond and also did considerable private business, although he did not have a shop. Macallister had a special interest in Colonials and early coppers, handling many important large cents. He often exhibited rarities at ANA conventions. His advertisements to purchase coins stated that he was not a dealer and had nothing for sale.<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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