NNP

1838 1C N-11, Low R.6 as a Proof, PR65 Red and Brown PCGS. CAC. Our EAC Grade PR62. Even reddish-brown patination visits lustrous surfaces on this Gem Red and Brown proof. The design elements are nicely centered on the planchet, showing strong dentilation on each side. The strike is sharp in the centers, although the peripheral areas reveal softness on the star interiors. The surfaces are remarkably well preserved and display no mentionable contact marks or unsightly spotting. Variety: Until 40 years ago, 1838 N-11 and N-13 were considered different varieties. In 1974 John Wright conclusively proved that the two varieties were early and late die states of a single die pair, today called N-11 or sometimes "N-11, 13." Population Data (3/15): PCGS reports 10 1838 proof large cents, including PR63 Brown, three PR64 Brown, PR64 Red and Brown, PR64 Red, PR65 Brown, and three PR65 Red and Brown with none finer. This example is the sole PR65 Red and Brown with the CAC green approval sticker. Heritage Commentary: The 1838 N-11 is a rare issue in proof, having about 30 known survivors from these dies. A lovely coin for the advanced large cent collector. Provenance: Heritage (11/2004), lot 5139.