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

2259

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

Currency:USD Category:Coins & Paper Money / US Coins Start Price:2,400.00 USD Estimated At:1.00 - 1,000,000.00 USD
1803 1C Small Date, Small Fraction. AU58 PCGS.
<B>1803 1C Small Date, Small Fraction. AU58 PCGS. S-256, B-15, R.3.</B></I> <B>Bland AU50; CC-4. Noyes XF45; tied for CC-6. Photo #21645. Our EAC Grade AU50.<BR><BR>Equivalents. </B></I>Proskey 10; Doughty 188; McGirk 8A; Ross 10; Newcomb 14; EAC 15; <I>Encyclopedia </B></I>1754; PCGS #1482.<BR><B><BR>Variety. </B></I>Small Date. Dentil gap near 9 o'clock. Small Fraction. Extended right stem end. The obverse appears on S-256. The reverse appears on S-256.<BR><B><BR>Surfaces.</B></I> Smooth olive and tan surfaces with darker brown toning on the highpoints of the design. Traces of lighter gold is faded from original mint red. A few minor scrapes on Liberty's neck, but otherwise pristine. A small splash of maroon appears on the reverse.<BR><BR><B>Die State IV. </B></I>This is an intermediate die state with some, but not all, characteristics of Breen's State IV. The obverse has an arc crack through the 8 and drapery, and the reverse has an arc crack from D to the left branch and ES. Clash marks are located above and below the hair ribbon. The reverse crack of State IV through the terminal leaves is not present, nor are the die bulges of State IV and later states.<BR><BR><B>Appearances. </B></I>The obverse is illustrated in Newcomb.<BR><BR><B>Provenance. </B></I><I>Charles E. Clapp; George H. Clapp; ANS; Dr. William H. Sheldon; Dorothy Paschal; C. Douglas Smith; Chuck Furjanic; Gordon J. Wrubel (8/1974); Denis W. Loring (12/1983); C. Douglas Smith; Herman Halpern (Stack's, 3/1988), lot 238, $1,650; Douglas Bird.</B></I><BR><BR><B>Personality. Charles E. Clapp</B></I> was the brother of George Clapp. He was active on the numismatic scene in the early 1900s, and an important auction participant. In 1923 he acquired much of the early copper collection of Col. James W. Ellsworth. A stockbroker by profession, Charles experienced a severe financial reversal that same year and sold his collection to his brother.<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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