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1837 Coronet Head 1C PCGS MS64 BR

Currency:USD Category:Coins & Paper Money / US Coins Start Price:500.00 USD Estimated At:1,000.00 - 0.00 USD
1837 Coronet Head 1C PCGS MS64 BR
1837 Coronet Head Cent. PCGS graded MS-64 Brown. Lustrous light bluish steel brown with 10-15% of the mint red remaining on the obverse and traces of underlying faded mint color remaining on the reverse. There is a nick hidden on the base of the I in LIBERTY and a small spot of light carbon on the upper right side of star 11, plus a faint hairline scratch or thin scuff from star 7 to the dentils over star 6. The surfaces are satiny and the eye appeal is excellent. M-LDS (Newcomb called this piece his obverse state VI and the reverse state III). Several new die crack have formed on the obverse, including one from the bust tip to the left top of the 8, an extension from the top of the head through star 8 to the dentils above, and one from the dentils over star 12 faintly to the top of the inner curl. A small but clear rim cud break has formed right of star 11 and a tiny one shows between stars 4 & 5. The obverse of this cent is plated in the Newcomb book. Called MS63 and tied for CC#1 in the Noyes census, his photo #20811. Removed from an NGC slab graded MS66BN (NGC label included). Our grade is MS62. Pop 2; 3 in 65; 3 in 66. DWH #2629 (PCGS # 37132) .
Estimated Value $1,000-UP.

Provenance: Ex Howard R. Newcomb, J. C. Morgenthau 5/45:683-Floyd T. Starr, Stack’s 6/13/84:341-R. E. Naftzger, Jr., 1990 EAC Sale, lot 228-Wes Rasmussen, Heritage 1/13/05:3681 (the attribution and Rasmussen provenance are noted on the NGC label).