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

2249

1803 1C Small Date, Small Fraction. AU53 PCGS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1,400.00 USD Estimated At:1.00 - 1,000,000.00 USD
1803 1C Small Date, Small Fraction. AU53 PCGS.
<B>1803 1C Small Date, Small Fraction. AU53 PCGS. S-246, B-4, R.3.</B></I> <B>Bland XF40; tied for CC-4. Noyes VF35; CC-5. Photo #22934. Our EAC Grade XF40.<BR><BR>Equivalents. </B></I>Proskey 3; Doughty 181; McGirk 3A; Ross 3; Newcomb 4; EAC 4; <I>Encyclopedia </B></I>1754; PCGS #1482.<BR><B><BR>Variety. </B></I>Small Date. Bases of IB nearly touch. Small Fraction. Numerator nearly touches ribbon knot. The obverse appears on S-246, S-247, S-248, and S-249. The reverse appears on S-246.<BR><B><BR>Surfaces.</B></I> Slightly glossy surfaces with pleasing olive and tan color, splashed by steel and maroon toning, mostly on the obverse. The surfaces are lightly abraded, limiting the grade.<BR><B><BR>Die State I. </B></I>The obverse is sometimes called the "Mumps" obverse, due to a die chip that develops at the throat. This example represents the pre-mumps die state.<BR><BR><B>Commentary. </B></I>The provenance recorded for this coin is believed correct, based on the notes that Walter Husak kept with his collection. It was not plated in either the Newcomb catalog or the New Netherlands catalog. The New Netherlands cataloger wrote: "Very Fine-30 or better, a pale reddish-brown; sharp enough to have been bought by Dr. Black as EF. Even as a VF-30 coin, it is tied for fifth finest known of this very scarce variety, of which most of the new examples seen have been in the Fair to Fine range. A very pretty and important example."<BR><BR><B>Provenance. </B></I><I>Howard R. Newcomb (J.C. Morgenthau, 2/1945), lot 400, $35; Angus C. Black; New Netherlands (6/1970), lot 139, $160; C. Douglas Smith (3/1992); Eric Streiner (4/1992); Fred Borcherdt.</B></I><BR><BR><B>Personality. Dr. Angus C. Black,</B></I> of Jaffrey, New Hampshire, was one of several consigners to the 61st sale of New Netherlands, held on June 30, 1970. While Dr. Black owned a few nice large cents, including this S-246, he was better known for his collections of half cents and half dimes, both containing many census level coins. Dr. Black's 1802 half dime was considered fifth finest known at the time. The sale also included one of just two known (at that time) 1806 Knobbed 6, No Stem half dollars (Overton-108).<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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