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

2272

1805 1C AU58 PCGS. S-267, B-1, R.1.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1805 1C AU58 PCGS. S-267, B-1, R.1.
<B>1805 1C AU58 PCGS. S-267, B-1, R.1. </B></I> <B>Noyes XF45; CC-21. Photo #39661. Our EAC Grade XF45.<BR><BR>Equivalents. </B></I>Proskey 1; Doughty 199; McGirk 1A; Clapp 1; EAC 1; <I>Encyclopedia </B></I>1765; PCGS #1510.<BR><B><BR>Variety. </B></I>Blunt 1. High leaf below left corner of S. The obverse appears on S-267 and S-268. The reverse appears on S-267.<BR><B><BR>Surfaces.</B></I> The chestnut obverse and olive reverse retain considerable luster with few imperfections of any kind. Both sides have hints of iridescent toning. The strike is typical, with good central detail but weak borders that show little definition.<BR><B><BR>Die State II. </B></I>Minor obverse and reverse clash marks.<BR><B><BR>Census. </B></I>Several Mint State coins are known, but none stand above the rest. A number of counterfeits of S-267 exist, produced on the West Coast a couple decades ago. Jack Beymer discovered the first of these in 1985. Differences are minor, but sufficient that they fail to deceive advanced collectors or dealers. A diamond-shaped hollow at the temple, and unusual beveled edges, are a couple of the characteristics that the counterfeit pieces display.<BR><B><BR>Commentary. </B></I>Only two obverse and two reverse dies were used to produce three varieties for the year. Mint records suggest a mintage of over 900,000 coins during the year, an average of 450,000 coins per die, if all were dated 1805. Most likely, some were dated 1803 or perhaps 1804.<BR><B><BR>Provenance. </B></I><I>Acquired 3/1997. No prior provenance is currently available.</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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