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

2241

1802 1C XF45 PCGS. S-238, B-11, R.4

Currency:USD Category:Coins & Paper Money / US Coins Start Price:11,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1802 1C XF45 PCGS. S-238, B-11, R.4
<B>1802 1C XF45 PCGS. S-238, B-11, R.4.</B></I> <B>Bland VF25; tied for CC-5. Noyes VF30; tied for CC-1. Photo #ANS 1442. Our EAC Grade VF30.<BR><BR>Equivalents. </B></I>McGirk 16A; Ross 5-M; Newcomb 16; EAC 16; <I>Encyclopedia </B></I>1748; PCGS #1470.<BR><B><BR>Variety. </B></I>Widest date. Missing berry right of ONE. The obverse appears on S-237 and S-238. The reverse appears on S-238.<BR><B><BR>Surfaces.</B></I> Mostly dark olive and steel, with a small area of lighter tan inside the wreath. A few small marks are visible on Liberty's head and neck, but most other abrasions are consistent with the grade. The obverse has a tiny rim bruise at 3 o'clock. Faint surface roughness is evident with a glass.<BR><BR><B>Die State III. </B></I>Minor clash marks with a faint die crack through the top of STATES. The lower reverse is shattered with several fine cracks.<BR><BR><B>Appearances. </B></I>The reverse is illustrated in <I>Early American Cents</B></I> and in <I>Penny Whimsy</B></I>.<BR><BR><B>Census. </B></I>The Census is remarkably low, even for a cent that is rated R.4. Quite a number of VF20, VF25, and VF30 coins are known, but there is not a single survivor that grades better than VF30. This coin is one of the "Sheldon-ANS" coins, placed in the ANS trays in exchange for another. Today, title for most of the "Sheldon-ANS" coins has been cleared. In 2001, Ted Naftzger received this coin in exchange for the original ANS coin that came from George Clapp.<BR><BR><B>Commentary.</B></I> This is the scarcest "collectible" 1802 variety; only the NC-1 and NC-2 are rarer. <BR><BR><B>Provenance. </B></I><I>Dr. William H. Sheldon; ANS (2001); R.E. Naftzger, Jr.</B></I><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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