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1838 N-10 R1 PCGS graded MS65 Red & Brown

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1838 N-10 R1 PCGS graded MS65 Red & Brown
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[?]Live Online Auction Starts In 2026 May 02 @ 17:00 (UTC-05:00 : EST/CDT)
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1838 N-10 R1 PCGS graded MS65 Red & BrownLustrous mint red fading to bluish steel and olive brown, at least a third of the faded mint red remaining on both sides. Sharp and satiny with great eye appeal. The only defect worthy of mention is a faint old fingerprint around stars 9-11. EDS with a very light die crack reaching down from the dentils right of the M in AMERICA arcing toward the left side of that M but fading out before reaching it. Your cataloger has never seen an example that did not have at least a trace of this crack, although an uncracked example may exist. The early state of this variety is easily confused with the N-9 variety because you expect to see a more obvious die crack reaching to the M, and when you don't see the crack you default to the N-9 attribution. That must be what happened on this cent, because it was misattributed as N-9 by all the previous owners (including Ted Naftzger), and the error was perpetuated by the census takers William C. Noyes and Del Bland who both list this piece in their condition census for N-9. Noyes calls this piece MS65 and that makes it tied for finest known honors with one other piece in his census for the N-10 variety, his photo #28730. Bland says MS65+, which places this piece as CC#1 in his census for N-10. Our grade is MS64+, close to MS65. A great cent, just a challenge to attribute in this die state. (The holder is scuffed.)Certificate Number: 37208.65/13093938Pedigree: Ex Philip G. Strauss, Stack's 5/1959:356-Emanuel Taylor 10/1960-R. E. "Ted" Naftzger, Jr.-Naftzger Estate, McCawley & Grellman Auctions/Goldbergs 2/1/2009:425-Chris McCawley-Terry S. Denman Collection