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Lot 3150

Image Information

Type Coin
Title Lot 3150
Date 1839/6
Side obverse
Grade 45
Service NGC
Service Catalog # 37261
Denomination 1C
Description 1839/6 1C Plain Cords, N-1, High R.3, XF45 NGC. CAC. Our EAC Grade VF35. Ex: "Col." E.H.R. Green. An obverse die apparently sat unused in the Mint workshop for three years, perhaps misplaced. Once found, the obsolete Plain Cords die was overdated, hardened, and placed into service, even though the Beaded Cords subtype was introduced in 1837. The die soon developed two heavy horizontal cracks between 9 and 3 o'clock, which forced its early discard. A scarce and desirable overdate, N-1 comes with and without the prominent obverse cracks. The present Choice XF example is from the early die state sans cracks. The glossy chocolate-brown surfaces exhibit moderate wear along with scattered small obverse field marks consistent with the assigned grade. Census: 1 in 45, 1 finer (8/14). Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $50.00; Eric P. Newman Numismatic Education Society. Realized $9400.00. Description courtesy of Heritage Auctions.

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