538

1838 Coronet Head 1C PCGS AU53

Currency:USD Category:Coins & Paper Money / US Coins Start Price:12,500.00 USD Estimated At:25,000.00 - 0.00 USD
1838 Coronet Head 1C PCGS AU53
1838 Coronet Head Cent. PCGS graded AU-53. Beautiful glossy olive and chocolate brown. The obverse fields are smooth and slightly reflective while the reverse is frosty thanks to the previously-used reverse die employed to make this variety. There is some microscopic roughness at the leaves under OF and the only notable contact mark is a tiny pinprick in the field left of star 9. EDS but not quite the earliest with smooth, slightly reflective obverse fields and an extremely faint wave in the field below star 4. There is no hint of a die crack in this area. Outstanding sharpness and eye appeal, although it may have been lightly cleaned and expertly retoned long ago. The overdate feature is bold. Called AU50 net EF45 and tied for CC#4 in the Bland census. Noyes photo numbers 24152 and 38359 (a double listing in his census where he reports the coin’s sharpness as EF40 and EF45 respectively and tied for CC#9). A sharp, very attractive example of this popular overdate variety. Our grade is EF45. Pop 1; 1 in 55; 1 in 58; 1 in 65. Only 5 graded at PCGS for the variety. DWH #3176 (PCGS # 37216) .
Estimated Value $25,000-UP.

Provenance: Ex James O. Sloss 9/58-R. E. Naftzger, Jr., Abe Kosoff 10/59:205-Dorothy Nelson (TAD collection) Stack’s 2/76:131-Del Bland and Ed Hipps-G. Lee Kuntz, Superior 10/6/91:484-John MacDonald-Denis Loring 5/06.