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

2268

1803 1C Large Date, Large Fraction. AU58 PCGS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:2,200.00 USD Estimated At:1.00 - 1,000,000.00 USD
1803 1C Large Date, Large Fraction. AU58 PCGS.
<B>1803 1C Large Date, Large Fraction. AU58 PCGS. S-265, B-23, R.4.</B></I> <B>Bland AU50; CC-1. Noyes XF40; tied for CC-1. Photo #21443. Our EAC Grade XF45.<BR><BR>Equivalents. </B></I>Proskey 19; Doughty 197; McGirk 20A; Ross 19; Newcomb 22; EAC 24; <I>Encyclopedia </B></I>1758; PCGS #1501.<BR><B><BR>Variety. </B></I>Large Date, pointed 1. Large Fraction. Final S repunched. The obverse appears on S-264 and S-265. The reverse appears on S-265.<BR><B><BR>Surfaces.</B></I> Glossy chestnut and olive surfaces with some maroon and dark steel toning on the obverse. The surfaces retain traces of luster. A few tiny planchet chips and insignificant surface marks are apparent, but of little concern.<BR><B><BR>Die State VII. </B></I>The obverse has die cracks similar to the S-264, above. The reverse die is shattered, but not bulged in this state.<BR><B><BR>Appearances. </B></I>The obverse and reverse are illustrated in Newcomb, <I>Penny Whimsy</B></I>, and Noyes (1991).<BR><B><BR>Provenance. </B></I><I>Dr. Henry W. Beckwith (S.H. Chapman, 4/1923), lot 32, $70; William Festus Morgan; J.C. Morgenthau (6/1932), lot 72, $36; Stack's (6/1949); C. Douglas Smith (9/1959); Dr. William H. Sheldon (4/1972); R.E. Naftzger, Jr. (2/1992); Eric Streiner (4/1992); John B. MacDonald (1/1997).</B></I><BR><BR><B>Personality. William Festus Morgan</B></I> formed a collection of 425 large cents, including proofs from the Beckwith Collection. J.C. Morgenthau sold the collection in June 1932. The J.C. Morgenthau auction firm conducted numismatic sales cataloged by the team of Wayte Raymond and James Macallister, who "operated in the higher circles of numismatic society" according to Adams. Of Macallister, Dr. Sheldon noted that he was knowledgeable about coppers, and that those he dealt with liked and trusted him.<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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