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

2232

1802 1C MS64 Brown PCGS. S-229, B-6, R.2

Currency:USD Category:Coins & Paper Money / US Coins Start Price:4,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1802 1C MS64 Brown PCGS. S-229, B-6, R.2
<B>1802 1C MS64 Brown PCGS. S-229, B-6, R.2.</B></I> <B>Bland MS61; tied for CC-1. Noyes MS63; CC-1. Photo #21544. Our EAC Grade MS60.<BR><BR>Equivalents. </B></I>Newcomb 5; EAC 6; <I>Encyclopedia </B></I>1750; PCGS #1470.<BR><B><BR>Variety. </B></I>8 is low and leans to the right. Incomplete ribbon bows. The obverse appears on S-229 and NC-2. The reverse appears on S-226, S-227, S-229, and NC-1.<BR><B><BR>Surfaces.</B></I> An amazing Mint State example with full cartwheel luster and light brown frost, accompanied by lighter tan that has faded from original mint red and hints of iridescent accents, resulting in exceptional eye appeal.<BR><B><BR>Die State V. </B></I>The upper part of the obverse has prominent clash marks and a die crack arcing through BERTY. The reverse has light clash marks, with a heavy crack through F AMERIC.<BR><B><BR>Appearances. </B></I>The obverse and reverse are illustrated in Noyes (1991) and in Breen's <I>Large Cent Encyclopedia</B></I>.<BR><BR><B>Census. </B></I>Bland grades three different coins MS61, and one of them is in the ANS Collection. The three pieces are followed by two XF coins, and the Census drops into the VF grades from there. S-229 is relatively common, but an important rarity in high grades.<BR><BR><B>Provenance. </B></I><I>Thomas Elder (6/1935), lot 2445; Henry C. Hines; Dr. William H. Sheldon (4/1972); R.E. Naftzger, Jr. (2/1992); Eric Streiner; C. Douglas Smith; Dr. Robert A. Schuman; Superior (2/2002), lot 1258, $19,550.</B></I><BR><BR><B>Personality. Thomas Lindsay Elder</B></I> was an author and coin dealer who was born on November 22, 1874, in Dayton, Pennsylvania, and died in South Carolina on May 11, 1949. He attended Beaver College in Pennsylvania, followed by a move to Buffalo, New York. While in his 20s, Elder served the government in 1901 as a telegrapher assigned to the home of President William McKinley, who was dying from a gunshot wound. He also served in the New York State Militia as a sergeant during World War I. His interest in coins began at the age of 13, and he began his professional numismatic career as a coin dealer and auctioneer in 1905. In addition to nearly 300 coin auctions held over the next 35 years, Elder contributed to <I>The Numismatist</B></I>, published <I>The Elder Monthly</B></I>, <I>The Numismatic</B></I> <I>Philistine</B></I>, <I>The Elder Magazine</B></I>, updated the Hays-Frossard variety reference on 1794 large cents, and assisted Ebenezer Gilbert in a variety reference on 1796 large cents. He also issued numerous medalets and store cards. Lapp and Silberman described Elder as "the grand old man of numismatics."<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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