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

2231

1802 1C 1/000. AU53 PCGS. Double-Struck S-228,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:3,750.00 USD Estimated At:1.00 - 1,000,000.00 USD
1802 1C 1/000. AU53 PCGS. Double-Struck S-228,
<B>1802 1C 1/000. AU53 PCGS. Double-Struck S-228, B-4, R.2.</B></I> <B>Bland XF45; tied for CC-10. Noyes XF45; CC-7. Photo #34694. Our EAC Grade XF45.<BR><BR>Equivalents. </B></I>Proskey 1; Doughty 164; McGirk 1A; Ross 1-A; Newcomb 6; EAC 4; <I>Encyclopedia </B></I>1745; PCGS #1473.<BR><B><BR>Variety. </B></I>Base of R nearly sits on hair. 1/000. The obverse appears on S-227 and S-228. The reverse appears on 1801 S-223 and 1802 S-228.<BR><B><BR>Surfaces. </B></I>The reverse of this piece is noticeably double-struck. Pleasing deep olive surfaces with traces of luster still visible. Both sides are lightly abraded, and intermingled with original planchet marks.<BR><B><BR>Die State II. </B></I>An early die state with a short reverse crack from the border to D. Because the reverse is double-struck, a second impression of this die crack can be seen at the border about four dentils right of the primary crack. The obverse die progression demonstrates that S-228 was struck before S-227.<BR><B><BR>Census. </B></I>Several higher grade pieces are known, including five Mint State coins and four AU's that are included in Bland's list.<BR><BR><B>Commentary. </B></I>An important <I>Guide Book</B></I> variety with the error fraction, and even more important for the sharply doubled reverse.<BR><BR><B>Provenance. </B></I><I>Jody Hawkins; Robert L. Hughes (6/1980), lot 25; Douglas Bird (9/1988); Gary Ruttenberg (10/1990); Robinson S. Brown, Jr. (Superior, 1/1996), lot 321, $3,080; Chris Kromer; Superior (2/2001), lot 2252, $2,990.</B></I><BR><BR><B>Personality. </B></I>A noted coin dealer and trader, <B>Robert L. Hughes</B></I> is primarily a wholesale dealer, as he has been for most of his career, though Q. David Bowers notes in <I>The American Numismatic Association Centennial History</B></I> that in his time, "without doubt he was one of the prime factors in the commercial end of the hobby." The pieces he has handled include a number of Condition Census half cents and large cents.<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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