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

2263

1803 1C Small Date, Large Fraction. MS63 Brown

Currency:USD Category:Coins & Paper Money / US Coins Start Price:5,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1803 1C Small Date, Large Fraction. MS63 Brown
<B>1803 1C Small Date, Large Fraction. MS63 Brown PCGS. S-260, B-19, R.1.</B></I> <B>Bland MS61; CC-1. Noyes AU55; tied for CC-2. Photo #21219. Our EAC Grade MS60.<BR><BR>Equivalents. </B></I>Proskey 17; Doughty 195; McGirk 17A; Ross 17; Newcomb 18; EAC 19; <I>Encyclopedia </B></I>1757; PCGS #1485.<BR><B><BR>Variety. </B></I>Small Date. Wide LIBERTY, base of 3 strengthened. Large Fraction. Long fraction bar. The obverse appears on S-259 and S-260. The reverse appears on S-260 and S-261.<BR><B><BR>Surfaces.</B></I> Older collectors enjoyed imaginative descriptions that are often lost today. For example, at one time this piece would have been called a "golden biscuit" to describe its desirable golden-brown color. Each side has some darker toning, and the surfaces retain considerable luster. A lighter colored toning spot is positioned below the right side of the B.<BR><BR><B>Die State III. </B></I>Clash marks nearly surround Liberty's head, with faint clash marks also visible on the reverse. The obverse has a small die bulge left of the low curls.<BR><BR><B>Commentary. </B></I>Our illustration does not match the Stack's 3/1998 plate.<BR><BR><B>Provenance. </B></I><I>Francis Lee (1913); Essex Institute; Stack's (1975), lot 157, $2,700; RARCOA; New England Rare Coin Galleries; Superior (10/1977), lot 176, $1,150; Jack Beymer (1979); R.E. Naftzger, Jr. (2/1992); Eric Streiner; Early American Coppers (4/1994), lot 287, $3,000; Anthony J. Terranova; Stack's (1995 FPL), lot 95, $5,850; Stack's (11/1995), lot 1033, $3,080; Stack's (3/1998), lot 54; Chris Victor-McCawley (7/2005).</B></I><BR><BR><B>Personality. James Halperin,</B></I> born in Boston in 1952, began his numismatic business in 1967 at the age of 15. He operated New England Rare Coin Auctions in the 1970s. In 1979, the firm conducted the ANA Convention auction. Now a partner with Steve Ivy, Greg Rohan, Paul Minshull, and Marc Emory in Heritage Auctions, Halperin remains active in the rare coin field, attending major conventions on a regular basis. In 2004, he won the professional division of the PCGS World Series of Grading. Halperin is also a part-time novelist, author of <I>The Truth Machine</B></I> and <I>The First Immortal.</B></I> All royalties of his part-time venture are donated to charity.<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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