LOT Old Heritage Auctions  /  2007 Sept Long Beach, CA Sig Currency #448  / 

12768

HB-96 EP-12 Scott-66 1¢ Dougan Choice Extremely

Currency:USD Category:Coins & Paper Money Start Price:2,000.00 USD Estimated At:4,000.00 - 6,960.00 USD
HB-96 EP-12 Scott-66 1¢ Dougan Choice Extremely
<B>HB-96 EP-12 Scott-66 Reed-DO01 1¢ Dougan Choice Extremely Fine.<BR>Numerical grade: 80case.80stamp.80mica. = 240</B></I> The One Cent Dougan is considered an R-7 by Reed (eleven to fifteen known), a number that everyone seems to agree is about accurate. The Hodder-Bowers reference feels that the 1¢ is represented by "fewer than ten" pieces. Our feeling is that ten is about right. Fred Reed's 104-year auction census shows 40 appearances of One Cent Dougans, which is exactly the same as the Three Cent. This piece is a beauty, with the light brass-colored case totally free of problems. The stamp is fresh and very well centered. The mica is clear, with two tiny internal flecks and a few natural striations. This piece was the Lilly example, sold by Stack's on December 6, 1969. In that catalog, where it was photographed both sides, they described it as, "Extremely Fine, choice... far superior to the Lilly specimen which fetched $240.00." The Lilly sale was in 1967. This piece, two years later, realized $270.<BR><I>From The Frederick Mayer Collection</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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