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Long Beach Signature US Coin Sale 1259  7-8 Sep 2017
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Lot 4386

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Large Cents
1800 1C S-201, B-17, High R.4 -- Tooled -- PCGS Genuine. VG Details. Our EAC grade: sharpness of Fine 12, net VG7. Deep steel-brown with lighter olive on the obverse device. The surfaces have been burnished to remove old corrosion. Probably an intermediate die state, but the burnishing has also diminished the appearance of cracks and bulges, rendering an exact die state determination nearly impossible. Rated R-7 in Early American Cents, Sheldon lowered the rating to R-6 in Penny Whimsy, based on his knowledge of 15 different examples. Today, its High R-4 rating suggests that nearly 100 are known, yet the finest of those grades VF20, no different than in 1958.
Ex: Henry C. Hines; Dr. William H. Sheldon; Dorothy Paschal (4/1978); Richard Punchard (6/1989); Wes Rasmussen (Heritage, 1/2005), lot 3237; Walter Husak (Heritage, 2/2008), lot 2104.
From The Padula Family Foundation Collection.

HID02901242017
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