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Coins from MB Auction 48

* Note: Auctions prior to #42, do not show true number of bids. Displays as "1".
Lot # Date Variety Rarity Grade Description # of Bids * Hammer Price Maximum Bid Total Price Photos
1 1795 O.102, T.26 R.4 PCGS VG08 OGH CAC Natural grey toning with a bit of album toning through stars 1-7 and corresponding area of the reverse.  A very nice coin for the grade. Esp. for date or type collectors.  Est. $900 to $1,100. 2 $875 $900 $963  
2 1795 Recut Date O.112, T.20 R.4 PCGS VF 25 Good detail in Liberty’s curls and the eagle’s feathers.  Even, deep grey toning.  Exceptionally smooth surfaces save for an ancient scrape on the tailfeathers.  The consignor acquired the coin some time ago, privately, from Dr. Charles Link.  Est. $4,000 to $4,500. 1 $3,500 $3,500 $3,850  
3 1805/4 O.101 R.3 PCGS VF 35 CAC Here is another sweet Red Book coin, evenly toned with pleasing surfaces.  Intermediate die state with a thin reverse die break atop RI of AMERICA.  Lot 3494 in Heritage’s July 2016 FUN Show auction, bringing $3,525.  Est. $2,800 to $3,500. 1 $2,700 $2,905 $2,970  
4 1807 O.101 R.5 ICG AU 53 If you are a veteran collector of this series by die variety, you know how tough a “101” is in high grade.  Until the appearance of an UNC in the Newman collection (NGC MS 62+, Nov. 2013, lot 33541 @ $12,925) this was the finest known.  It remains #2 in the Condition Census.  The coin appeared, unattributed, in 1999; shortly thereafter it was encapsulated and (properly) graded by ICG.  It was part of the “Westmoreland Collection,” offered by Heritage at the 2008 FUN Show (lot 33541).  It brought $4,945.  I was the happy buyer, passing it to the current consignor in July 2009.  The coin is better struck than many from this die pair, though not without softness in Liberty’s ribbon and nearby curls.  Pale silver-grey toning is natural and glows with underlying luster.  You will love the surfaces.  A true prize for the serious collector.  Don’t be put off by the ICG capsule; the coin is “all there.”  Est. $4,000 to $5,000. 4 $4,000 $4,200 $4,400  
5 1807 O.108, T.1 R.3 PCGS AU 58 Bold luster oozes from this remarkable survivor of the early Mint.  A pale ring of russet toning encases the stars and legend.  The strike will be a major selling point.  Few draped bust half-dollars display the detail found on this coin.  Note, esp., Liberty’s lower curls and drapery lines.  The eagle’s wing and breast feathers are equally sharp.  A trace of friction crosses the bust.  I doubt that the coin ever saw circulation.  In all, a magnificent specimen that should draw serious bids from those working on a high-grade date or type set. Est. $5,500 and up. 2 $5,750 $6,500 $6,325  
6 1807 Lg. Stars 50/20 O.112 R.1 PCGS AU 55 CAC A pale auburn patina evenly coats this first-year type coin.  Early die state and well struck throughout, a happy bonus for a date that is noted for weakly impressed examples.  Soft luster and smooth surfaces earned CAC’s seal of approval.   Est. $2,250 to $2,750. 1 $2,100 $2,500 $2,310  
7 1807 Lg. Stars 50/20 O.112 R.1 PCGS VF 30 Later die state than the preceding AU, but with significant luster framing the devices.  Quite remarkable for a VF!  The coin is attractively toned and without defects; it will fit nicely in an XF date or variety set.  PCGS inadvertently labeled the coin 1807 “Draped Bust.”  When I sent it to CAC it was returned with a note from John A., “NICE coin, but a capped bust.”  Translation: but for the PCGS faux pas the coin would come with a CAC sticker.  Yes, PCGS will fix its mistake without charge.  Est. $550 to $750. 2 $626 $750 $689  
8 1808/7 O.101 R.1 PCGS XF 45 CAC A particularly handsome example with smooth, evenly toned surfaces.  Luster matches the grade: soft in the fields, stronger around the devices.  The consignor acquired the coin privately in Sept. 2010 (for $1,500).  His notes accompany, “Original, with rev. sulfur paper toning from album; very choice for grade.”  PCGS Price Guide now suggests $1,150 to $1,250.  Est. $1,000 to $1,500. 3 $1,000 $1,307 $1,100  
9 1809 XXX Edge O.102 R.1 PCGS AU 55 CAC Only early die states of this R.1 die pair feature the XXX edge.  Do not be deceived by the “R.1” rarity rating.  This scarce edge variety is only found on 3 other die marriages, O.101, 108a and 110 – each with an R.4 or R.5 rarity rating.  Auction prices reflect the demand and short supply of high-grade examples.  (Dr. Link’s AU 55 with CAC sticker sold in Sept. for $5,523.)  This CAC approved offering displays a veneer of silver-grey toning through the centers, with glowing iridescence in the stars and legend.   Est. $4,000 and up. 0 $0 $0 Not Sold  
10 1809 III Edge O.107 R.3 PCGS MS 60 An enticing halo of turquoise and gold iridescence runs through the stars and legend.  Liberty’s cheek, cap and drapery lines are free of cabinet friction.  The luster is full, but rather subdued in some areas, probably accounting for the seldom seen MS 60 grade.  Minor contact marks and a short drift mark under the motto do not diminish the eye appeal of the coin.  The III edge is more common than its XXX edge sibling.  Choice AU and Mint State specimens remain in demand.   From Tom Sear’s collection; acquired from Aspen Park in March 2009.  Est. $3,500 to $4,000. 0 $0 $0 Not Sold  
11 1809 III Edge O.107a R.4 PCGS XF 45 Richly toned with a magnificent die break from star 12 to Liberty’s curls.  This scarce die state will draw interest from Overton and Red Book collectors.  Luster dances around all devices.  Est. $800 to $1,200. 10 $1,013 $1,013 $1,114  
12 1810 O.103 R.2 PCGS AU 50 Brilliant and untoned except for rings of copper toning through the obverse and reverse dentils.  Strong luster throughout.  The surfaces are a tad busy but free of significant marks.  High grade 1810’s always draw a crowd.  Est. $700 to $900. 0 $0 $0 Not Sold  
13 1812/1 Sm. 8 O.102 R.2 PCGS AU 58 CAC Bold luster and raucous toning will surely make this coin one of the most sought-after in the auction.  Electric blue and copper toning run through the upper stars and above Liberty’s cap.  Full cartwheel luster graces the fields.  In short, a “wow” coin that you should preview before bidding.   Est. $4,000 and up. 2 $4,200 $5,300 $4,620  
14 1812 O.105 R.1 PCGS AU 58 Ex Dr. Charles Link and so-noted on the PCGS label.  Pale gold and grey toning, a bit mottled.  High rims and well struck central devices are a bonus.  Est. $900 to $1,200. 0 $0 $0 Not Sold  
15 1812 O.108a R.2 PCGS XF 40 CAC Soft rims and devices, consistent with the late die state.  Original antique toning is easy on the eye.  Hints of luster in protected areas.  Very smooth surfaces.  Est. $300 to $400. 4 $310 $410 $341  
16 1812 O.109 R.3 PCGS MS 62 Ex Dr. Charles Link and so-noted on the PCGS label.  A top-flight example that is sharply struck with extravagant luster.  Liberty’s curls are amazing.  Every strand is in bold relief.  The eagle’s feathers are a match, distinct and unruffled.  Largely untoned, though a gossamer veil of gold toning suggests recent storage in a kraft envelope.  Est. $2,500 to $3,500. 3 $2,910 $2,910 $3,201  
17 1813 O.105 R.1 PCGS AU 58 CAC The antique grey toning exudes originality, albeit on the dark side and somewhat speckled on the reverse.  The peripheries provide a pleasing frame of iridescent copper.  Early date, CAC-approved 58’s have always been hard to find; they have become an obsession with registry set collectors.  Est. $2,500 to $3,500. 0 $0 $0 Not Sold  
18 1814 O.102 R.2 PCGS AU 58 CAC Ex Dr. Charles Link and so-noted on the PCGS label.  Beautifully impressed with but a hint of weakness on the lowest drapery lines.  Unbroken luster rolls across the smooth, lightly toned surfaces.  A first rate 1814.  Est. $2,500 to $3,500. 3 $2,800 $2,800 $3,080  
19 1814 O.104a R.2 PCGS AU 58 Another largely untoned, lustrous early date.  Despite the late die state, the devices are uniformly well struck.  The surfaces are virtually free of contact marks.  A desirable, flashy 1814! Ex Tom Sears collection; a private acquisition in April 2014.  Est. $2,500 to $3,000. 0 $0 $0 Not Sold  
20 1814 Single Leaf O.105a R.4 PCGS XF 45 Deep, original toning.  Luster flickers through the stars.  The strike is as good as it gets on this scarce Red Book variety.  Check the detail in Liberty’s curls!  The coin has very little wear.  The surfaces are those of an AU coin.  An exciting opportunity!  Est. $2,200 to $3,200. 0 $0 $0 Not Sold  
21 1814 O.107a R.5 PCGS VF 35 The latest die state I’ve encountered.  Struck from worn and heavily clashed dies.  The distinctive die chip, or “mouse,” on Liberty’s nose is diagnostic of this rare subvariety.  Medium grey toning in the fields, lighter across the devices.  Struck from the same dies as the celebrated 1814 Platinum half-dollars, J.44 and J.44a.  We know that those off-metal patterns were struck in 1814 (not post-1814 “restrikes”) because they lack the referenced “mouse.”  Est. $350 to $550. 7 $440 $460 $484  
22 1817/3 O.101a R.2 PCGS AU 55 CAC Very light toning, very little wear.  Full - if not vibrant - luster, befits the “55” designation.  A short drift mark crosses the eagle’s head.  The reverse exhibits busy fields but are free of significant marks.  This is the boldest overdate of the Capped Bust series.  High grade examples are genuinely scarce.  Consult your AMBPR.  There will be competition!  From the collection of Dr. Charles Link.  Est.  $4,000 and up. 0 $0 $0 Not Sold  
23 1817/3 O.101a R.2 PCGS AU 53 Shimmering gunmetal grey with highlights of iridescent aqua and copper.  A feast for the eye!  A little weakness around the eagle’s head is expected.  But note the full, sharply impressed dentils, stars and drapery lines.  Pleasing surfaces top off this eye-catching 17 over 13. Est. $2,750 to $3,500. 1 $2,500 $2,500 $2,750  
24 1817 O.111 R.1 PCGS Shield AU 55 Ex Dr. Charles Link collection as noted on the PCGS label.  The lustrous, untoned centers are flanked by a ring of russet toning through the dentils.  Generally smooth surfaces with wispy hairlines from brief circulation.  A pleasing example of a date that is increasingly difficult to find in higher grades.  Est. $800 to $1,100. 7 $1,200 $1,200 $1,320  
25 1817 O.112 R.2 PCGS Shield AU 58 CAC Lovely pale copper toning.  Flecks of iridescent silver and gold add to the considerable eye appeal.  A whisper of cabinet friction on the cheek keeps this charming 1817 eligible for listing in your Everyman’s Registry Set.  From the collection of Dr. Charles Link.  Est. $2,500 to $3,250. 3 $2,400 $4,200 $2,640  
26 1818/7 Lg. 8 O.101a R.1 PCGS AU 58 CAC From the collection of Dr. Charles Link though not noted on the PCGS label.  Boisterous, unbroken luster rolls across the untoned surfaces.  The curls under Liberty’s cap are sharp.  Die wear weakened the lowest drapery lines and eagle’s head.  This is an eye-catching example of the overdate.  Jim Ross has just published a startling revelation regarding the obverse die.  It is not merely an 1818 over 7.  It is an 1818 over 7 over 3!  Yes, the die was prepared by John Reich in 1813When it went unused that year it was over-dated in 1817.  Again, it went unused.  Finally, in 1818, it was over-dated a 2nd time and put to use on the O.101 and O.103 die pairs of that year.  You may read Jim’s convincing analysis in the Nov. 2018 edition of the John Reich Journal, vol. 28, issue 3, p. 12.  $3,250 to $4,250. 5 $3,450 $4,300 $3,795  
27 1818/7 Sm. 8 O.102 R.1 PCGS XF 45 CAC An even coat of pastel russet toning encases this offering.  Soft luster brightens the stars.  Light wear on the high points.  The surfaces are free of distractions.  A handsome piece.  Est. $600 to $800. 5 $550 $688 $605  
28 1818 O.107 R.1 PCGS AU 53 CAC Antique grey patina with subtle, iridescent highlights of gold, copper and turquoise.  Diffuse luster is strongest at the peripheries and around the devices.  The originality of the coin will appeal to all.  The first offering from a Midwest collection; each received a CAC sticker when I submitted the coins for the consignor.  This one last appeared at the Feb. 2009 Long Beach Show where it was snatched up for $775.  Est. $700 to $900. 0 $0 $0 Not Sold  
29 1818 O.108 R.1 PCGS VF 35 CAC The “pincher 8’s” variety and a whizbang VF with great color and imposing luster.   No surprise that it earned a CAC sticker.  Stretch for this one.  Est. $250 to $300. 10 $525 $525 $578  
30 1818 O.109a R.1 PCGS Shield MS 61 Ex Dr. Charles Link collection as noted on the PCGS label.  Sunglasses are the ticket for this amazing 1818.  The fresh, untoned surfaces look just as they did when the coin was ejected from the coining chamber 200+ years ago.  Have you noticed the strike?  Every curl and feather is there.  Thirteen stars with centerpoints adjoin a full complement of dentils.  I see a few hairlines around the eagle’s head and a short drift mark between the last 2 digits of the date.  Neither affects the eye-appeal.  Est. $2,750 to $3,500. 3 $3,150 $3,207 $3,465  
31 1820 No Serifs O.107 R.5 PCGS Gd. 6 Honest wear – and plenty of it – makes this established rarity an affordable candidate to fill that hole in your die variety or Red Book set of 1820’s.  An assortment of light scrapes and contact marks is expected on a coin that circulated for as long as this one.  It retired from commerce many decades back and rested in a paper envelope, gathering a crust of antique toning.  Est. $1,000 to $1,500. 0 $0 $0 Not Sold  
32 1821 O.103 R.2 PCGS AU 53 CAC Gorgeous, original toning.  This is the way you want all your “AU 53’s” to look.  Luster explodes from beneath the protective patina.  The coin is utterly free of distractions.  CAC must have considered an award of a gold sticker.  Est. $750 to $1,000. 1 $700 $800 $770  
33 1821 O.105a R.1 PCGS AU 55 CAC OGH Lightly toned with full luster.  The reverse may be UNC.  Minor signs of contact and a couple of toning spots show on the obverse.  Well struck, as are many of this year.  Housed in an Old Green-label Holder.  Est. $900 to $1,200. 0 $0 $0 Not Sold  
34 1822 O.108a R.3 PCGS AU 55 CAC OGH A charming “grey dirt” coin with a distinguished provenance.  It was part of the collection of my great friend and frequent travel companion, Dr. Gerald Schertz.  Jerry consigned his capped bust halves to me in 1994.  Russ Logan, always on the lookout for coins with original toning, snapped up this one in May of that year.  Current BHNC stalwart James Ross plucked it from B&M’s Nov. 2002 sale of the Logan collection.  (Lot 2403.  Auction insert accompanies this lot.)  Cartwheel luster flows under the protective crust.  Pleasing surfaces and a balanced strike add to the appeal.  Est. $550 to $750. 2 $550 $727 $605  
35 1822 O.112 R.4 PCGS AU 58 Lustrous, antique grey with flashes of gold and copper iridescence.  If you collect by die variety, you know the `22-112 to be rare in high grade.  This one comes with superior eye-appeal.  It is but a step away from the Condition Census. Check your AMBPR; note that no AU 58 has appeared at auction since Jan. 2011.  That example, offered by Heritage, brought $4,888.  Est. $3,000 and up. 1 $2,750 $3,000 $3,025  
36 1823 Broken 3 O.101 R.3 PCGS XF 45 CAC Light to medium grey toning.  Luster in protected areas.  Even wear, with enough detail to justify the XF designation.  CAC agreed.  Though some will expect more luster.  It goes without saying that the “broken 3” is among the more popular Red Book varieties, especially in XF or better.  Est. $1,000 to $1,500. 4 $1,300 $1,400 $1,430  
37 1823 O.104 R.1 PCGS AU 50 A wonderful coin, formerly in the collection of Keith Davignon.  It brought $990 in MB 38, my Jan. 2014 FUN Show sale.  Here is the description of lot 45: A classic “grey dirt” coin, the only quibble being an overly conservative grade.  Luster in the fields is undisturbed, unusual for a mere “50.”  The coin is without blemishes.  The double profile is a common and curious feature of this date.  Struck from a very late state of the dies.  Davignon listed it as “O.104a,” (a bow to the die state).  Acquired from Augustin Capital Mgmt. in June 2010.  Est. $500 to $800. 1 $475 $475 $522  
38 1824/1 O.102 R.5+ PCGS Gen. XF Details Here is an amazing example of an extreme rarity.  From the fabled collection of Stewart P. Witham, BHNC co-founder and member #1.  This was lot 4888 in Heritage’s Aug. 2010 ANA Sale.  It sold to the current consignor for $2,990.  (I was the disappointed underbidder!)  No uncirculated `24-102’s have surfaced.  The Condition Census includes this example.  The PCGS label notes “cleaned.”  OK, true enough.  But you’ve seen dozens of bust halves with comparable, gently wiped surfaces that are encapsulated with an unqualified grade.  Luster abounds: enough to support an AU designation.  More important, the surfaces, especially the reverse, are semi-prooflike.  The coin was one of the first struck from a short-lived die pair.  If you know and love the capped bust series of half-dollars do not let this opportunity slip by.  Est. $3,000 and up. 1 $1,500 $2,100 $1,650  
39 1824 O.104 R.2 PCGS AU 55 CAC OGH Another classic “grey dirt” coin.  This one with shimmering highlights of gold and rose.  When someone asks you to show him or her an example of “truly original” toning, trot out this 1824.  Est. $500 to $700. 5 $605 $700 $666  
40 1824 Recut Date O.110 R.2 PCGS MS 61 OGH From the collection of Jim Ross.  Housed in a PCGS first generation “rattler” capsule.  Not many of these survive.  The coin is simply wonderful.  The antique grey patina took decades to accrue.  Perhaps it was stored in a leather pouch as a family memento.  The luster, though muted by “time-capsule” storage, is complete and undisturbed.  Preview this relic of the early Mint with reverence.  Est. $2,000 to $3,000. 0 $0 $0 Not Sold  
41 1824 O.117 R.1 PCGS MS 62 Dazzling luster blankets the untoned centers.  A ring of electric toning entices the eye.  The central devices are boldly impressed.  Examine the detail in Liberty’s curls and cap as well as the eagle’s feathers and claws.  A “wow” coin!   The consignor traced this coin to Superior Galleries’ 1977 sale of the Dr. Crouch Collection, lot 928.  Est. $2,000 to $2,500. 5 $2,250 $2,750 $2,475  
42 1825 O.104 R.4+ PCGS AU 55 A very sticky R.4.  Strong luster for a “55;” but nearly overshadowed by spectacular hues of iridescent toning.  Some weakness at the drapery lines and motto opposite are typical of the die pair.  (Compare the uncirculated Overton Plate Coin.)  Another opportunity to acquire a rare die pair in high grade.  Est. $1,500 to $2,000. 1 $1,500 $1,878 $1,650  
43 1825 O.111 R.3 PCGS AU 50 CAC Soft luster embraces the fields and devices.  A film of 100% original grey toning adds to the appeal of this splendid 1825.   From the Midwest Collection, mentioned in lot 28.  Est. $400 to $550. 2 $375 $375 $413  
44 1825 O.114 R.1 PCGS XF 45 OGH Cartwheel luster flows across the fields, unusual for the assigned grade.  Light toning.  No marks deserve mention.  A very nice “45.”  Est. $250 to $325. 0 $0 $0 Not Sold  
45 1825 O.115 R.3 PCGS AU 55 Gold CAC From the collection of Dr. Tom Sears.  He found the coin in an NGC MS 62 capsule two years ago.  The crossover to PCGS yielded a 7-point demotion.  Ouch!  The good news, of course, is that the quality of the coin had not changed.  CAC recognized that fact, conferring a coveted gold sticker.  It is a challenge to find friction on the coin.  The virtually mark-free surfaces are blanketed in silver-grey toning.  The NGC label accompanies the lot.  Est. $500 and up. 5 $656 $669 $722  
46 1826 O.102 R.1 PCGS AU 58 Behemoths manned the screw press when this one was struck.  Curls, stars, cap, feathers, wings, motto and dentils are in full relief.  Brilliant, untoned and bursting with luster. Est. $750 to $900. 2 $650 $660 $715  
47 1826 O.103 R.5- PCGS AU 58 CAC Steve Herrman notes but 2 AU 58’s in the Condition Census.  Keith Davignon’s AU 58 example (ex-Russ Logan), also sported a CAC sticker.  It brought $5,528 in my Jan. 2017 FUN Sale, MB 44 lot 51.  This beautifully preserved specimen is no less desirable.  The strike is exceptional for this often poorly impressed die pair.  Luster discretely dances under a veneer of wholesome grey toning.  I often say that high grade R.5’s are caviar to die variety collectors.  Pass the blinis.  Est. $4,000 to $6,000. 0 $0 $0 Not Sold  
48 1826 O.119 R.4- PCGS AU 58 Scintillating luster graces the untoned surfaces.  The central devices are sharply struck.  Early die state, with die lines still showing, from rim to cap.  In high grade the `26-119 commands a well-deserved premium.  Est. $900 to $1,300. 1 $900 $900 $990  
49 1827/6 O.102 R.1 PCGS MS 61 The pale gold centers are surrounded by a panoply of iridescent colors.  Perhaps a touch of cabinet friction on the chin and top of the left wing.  No matter.  The coin never circulated, and the eye-appeal is first rate, especially for a “61.”  Red Book collectors gather round!  Est. $2,250 to $2,750. 0 $0 $0 Not Sold  
50 1827 Sq. Base 2 O.110 R.4- PCGS AU 58 Lightly toned with full cartwheel luster.  The eagle’s left (facing) claw encases a “branch” of roughness in the planchet.  Once in the collection of Keith Davignon, our consignor acquired it from Keith in a private transaction some years back.  Est. $750 to $950. 2 $850 $900 $935  
51 1827 Sq. Base 2 O.114 R.3 PCGS AU 58 CAC Unbroken luster, somewhat muted.  Pale russet toning.  A faint abrasion adjoins star 12.  Est. $800 to $1,000. 1 $750 $850 $825  
52 1827 Sq. Base 2 O.123 R.5 PCGS AU 55 CAC More caviar!  R.5’s just don’t come this nice.  Full cartwheel luster – not dazzling, not muted, but all there.  Subtle toning embraces the left obverse field and stars.  The reverse is brighter.  A graze at Liberty’s nose is a solid identifier of this important coin.  I find no record of it appearing at auction.  Recently released from a northeastern collection.  Est. $2,000 to $3,000. 1 $2,000 $2,000 $2,200  
53 1827 Sq. Base 2 O.124 R.5+ PCGS XF 45 CAC An even tougher die pair than the preceding O.123.  The typical `27-O.124 is worn, poorly impressed and ugly. This one needs no apology.  CAC shares my opinion that it is solid for the grade and of superior eye appeal.  The smooth surfaces are naturally toned.  Gentle luster is not limited to protected areas but rolls through the fields.  I last offered this coin (“raw”) in Nov. 1999 as lot 131 of MB 24.  I suggested a grade of XF 40+, adding, “This may be my favorite coin in the auction.  I am a sucker for original coins.”  It sold to the current consignor for $5,035.  Est. $2,500 and up. 5 $3,300 $3,777 $3,630  
54 1827 Sq. Base 2 O.127 R.5 NGC AU 55 Another “killer” 1827, especially in grades better than VF.  It last appeared in Heritage’s 2011 Winter FUN Show auction.  Lot 3707 was given a cursory description: This Choice AU representative is clearly within the Condition Census, and offers deep navy-blue, apple-green, and lavender toning.  The toning is indeed handsome.  An AU coin, however, should have significant luster.  This example falls a bit short.  Treat it as a lightly circulated, choice XF and you’ll be on track.  Est. $1,250 to $2,000. 3 $1,200 $1,200 $1,320  
55 1827 Sq. Base 2 O.132 R.3 PCGS AU 55 CAC A wonderfully preserved specimen with antique silver-grey toning.  Utterly original.  Sharply struck throughout.  The surfaces are free of marks.  Here is a coin that is essentially without faults.  Est. $500 to $700. 4 $505 $505 $556  
56 1827 Sq. Base 2 O.135 R.3 PCGS AU 55 CAC Lovely toning, highlighted by colorful, eye-catching iridescence through the stars and legend.  A gorgeous coin from the Midwest Collection.  (See lot 28.)  Discard standard Price Guides when coins of this quality appear at auction.   Est. $500 to $700. 7 $675 $675 $743  
57 1827 Sq. Base 2 O.142 R.3 PCGS VF 35 OGH Light toning with “too much” luster for the grade.  A weak left wing may have discouraged the PCGS graders.  Est. $175 to $225. 5 $200 $280 $220  
58 1827 Curl 2 O.146 R.2 PCGS AU 55 Later die state with die wear showing in the central devices.  Luster is what we expect from a “55.”  Pleasant toning and decent surfaces support placement in an AU Red Book set.  Est. $475 to $650. 4 $545 $600 $600  
59 1827 Sq. Base 2 O.148 R.6 PCGS Gen. XF Details The label notes “cleaned.”  Maybe so, but everything else about this coin is good news.  It is certainly the most important coin in the sale.  The dentils and central devices are fully struck.  Both dies are in their first use.  The obverse die appears, in order, on the 148, 131, 133 and 132.  The reverse die is found on the 1827 O.143.  It is an odd fact that most examples of the 148 were struck on spoiled planchets (brockages and off-center strikes, for example).  This one does not appear to have been double struck.  The reflective surfaces are bathed in deep, iridescent blue toning.  Hairlines are not obvious, suggesting that the “cleaning” was done with a jeweler’s cloth.  The coin saw some circulation but was retired from commerce with no distinguishing marks.  Circulation “ticks” on the surface are best seen with a loupe.  Here is a rare opportunity to push your Capped Bust die variety collection one step closer to the magic 453 mark.  BHNC member Ted Galassi cherrypicked the coin at an unspecified auction in 2008.  The auction plate was “fuzzy,” so he drove 500 miles to examine the coin.  Eureka!  Ted promptly consigned the coin to me.  I sold it privately to Jim Ross, the current owner, at the January 2009 Fun Show.  Est. $8,000 to $12,000. 0 $0 $0 Not Sold  
60 1827 Sq. Base 2 O.148 R.6 PCGS Gd. 4 Yes, a 2nd example.  This one did what it was supposed to do: circulate.  It last appeared in MB 35, April 2012, where I described lot 67 as follows: A new addition to the scant population of perhaps 15 known examples.  Our sharp-eyed consignor found the coin unattributed on eBay.  … The dies were slightly misaligned, but I find no evidence of a previous strike.  The low grade, of course, may account for our inability to see anything “odd” about the coin.  The surfaces are smooth, with natural grey toning.  Having served a full tour in circulation this rarity now brings hope to collectors who assumed they could never afford to add an R.6 to their collections.   The coin sold to an advanced collector for $4,400.  Est. $3,800 to $4,800. 4 $4,250 $5,250 $4,675  
61 1828 Curl 2, No Knob O.105 R.5 PCGS XF 45 Another old friend; consigned by Jim Ross.  This rarity last appeared (without encapsulation) in my 1995 Anaheim ANA Sale, MB 15, lot 258.  I graded it XF 40+.  Jim prevailed at a healthy – for the day - $1,403.  Here is the description:  A beauty!  Luster pushes through the original pearl grey toning.  The strike is as nice as these [`28-105’s] come.  There is an unobtrusive, unimportant tick on the rim between stars 11-12.  This is a new entry to the established population of fewer than 40 pieces, discovered this year by a Pennsylvania collector “not into bust halves.”  Thanks goodness!  Bids on this charming coin should reach four figures.  Est. $1,200 to $1,700. 0 $0 $0 Not Sold  
62 1828 Sq.2, Sm.8, Lg. Lets O.115 R.2 PCGS AU 55 Antique grey toning, a coin that Floyd Farley would have characterized as “grey dirt.”  Full luster, obverse and reverse; a little “thinner” on the obverse.  The consignor, Jim Ross, plucked this one from MB 34 (lot 85) in August 2009.  It appeared earlier in Stack’s Oct. 1992 sale of the Floyd Starr collection.  Est. $450 to $550. 2 $400 $445 $440  
63 1829 O.103 R.1 PCGS AU 55 CAC Ex Gehring Prouty and Jim Ross.  Sparkling luster is a match for most any AU 58.  The toning is magnificent: silver, blue and pale gold on the obverse, iridescent ocean blue on the reverse.  As with so many “Prouty” coins the eye-appeal is first rate, the surfaces without faults. Est. $500 to $750. 7 $716 $750 $788  
64 1829 O.103 R.1 PCGS AU 53 CAC Another CAC approved, originally toned specimen from the Midwest Collection.   (See note, lot 28.)  Some weakness in the motto and drapery lines.  I find no other qualifications.  A lovely coin.  Est. $325 to $450. 2 $300 $321 $330  
65 1829 O.115 R.1 MS 62 CAC Ex Gehring Prouty.  Last offered, “raw,” in MB 28, June 2003.  Out of fright, I graded the coin choice AU (because of slightly darker toning on the cheek).  Then offered this description: This is a very choice AU, tracing its pedigree to the Prouty Collection.  The reverse is Unc, the obverse with a trace of friction.  Antique grey toning with subtle gold highlights yields an “A” for eye appeal.  The rims are outrageously high, and the strike is razor sharp.  All 13 stars show center points.  Liberty’s curls match the eagle’s talons and wing feathers for intricate detail.  S-T-R-E-T-C-H for this one!  The current consignor prevailed at a modest $756.  Now PCGS graded and CAC approved, this connoisseur’s coin should bring twice that.  Prouty’s personalized tag accompanies the lot, noting his purchase on March 15, 1991.  Est. $1,200 to $1,600. 1 $1,000 $1,900 $1,100  
66 1829 O.117 R.2 PCGS AU 58 CAC Cartwheel luster rolls beneath a diaphanous veil of silver-grey toning.  There is but a trace of friction on the highest points.  Superb surfaces add to the appeal of this top-end “58.”  Est. $850 to $1,250. 1 $800 $1,300 $880  
67 1830 Lg.0 O.122 R.1 PCGS AU 58 CAC The parade of originally toned, “grey-dirt” coins continues.  The patina is of ancient origin.  Somehow this coin escaped the dipping mania of my numismatically formative years, 1955-1965.  We may be sure that the coin never entered circulation.  “Cabinet friction” is an apt descriptor of the dark areas on Liberty’s cheek and cap.  Cakey luster lies under the toning.  Est. $800 to $1,000. 0 $0 $0 Not Sold  
68 1830 Lg.0 O.122 R.1 PCGS Shield AU 55 Extravagant luster hallmarks this flashy Red Book coin.  It has the look of a “58.”  PCGS may have docked it because of the tick above star 7 or a hairline, right of the date to lowest curls.  Est. $400 to $500. 0 $0 $0 Not Sold  
69 1831 O.107 R.3 PCGS VF 35 OGH Audacious luster for a VF.  Nice surfaces as well.  The old, green labeled holder explains the conservative grade.  Weak rims and generally soft devices confirm a late die state.   Est. $180 to $250. 5 $225 $225 $248  
70 1831 O.108 R.1 PCGS AU 53 A pastel rainbow of album toning frames the lightly toned centers.  Luster is unbroken in the fields – as it should be on an AU coin.  A nice “53.”  Est. $375 to $450. 5 $385 $406 $424  
71 1831 O.120 R.6 PCGS F.15 CAC Evenly worn and softly impressed, with natural dark grey toning, the coin appears undistinguished.  Until, of course, one notices the telltale die bulge in the left field.  Then, voila, it becomes a magnet to your eyes.  In 1983, when I developed an interest in the series, there were about 10 pieces known.  Today’s population hovers at 20-22, top-heavy with low grade, abused examples.  As with the earlier listed 1827 O.148’s, a collection that includes a `31-120 commands immediate respect.  The die pair has an interesting history.  It is 1970.  Al Overton is about to publish his 2nd Edition.  Don Gunnet, BHNC #13 of York, PA, is examining an unattributed 1831.  Don joyously announces a “UP” [UnPublished variety] but, alas, too late to be included in Overton’s revised edition.  The 1831 “DG.1” becomes the first of 13 UP’s discovered between the publication of Overton’s 2nd and 3rd [1990] Editions.  It sports a “new” obverse die, notable for a prominent and ultimately fatal die injury, a grotesque bulge in the left field.  The reverse die debuted in 1830, where used to strike the 1830 O.109 (as well as the 1831 O.107).  I find no auction record of the example offered here.  It appears to be the first 1831 O.120 given CAC’s seal of approval.  Check your AMBPR, grit your teeth and join the fray.  Est. $5,000 to $7,000. 0 $0 $0 Not Sold  
72 1832 Lg. Lets. Rev. O.101a R.1 PCGS AU 58 CAC Ex Green/Newman - noted on the PCGS label.  Pristine surfaces, a whisper of cabinet friction on the cheek.  Eric Newman stored most of his bust halves in 2" x 13/4" kraft envelopes on which he typed the date, variety, cost and grade of the coin.  On this one he wrote, “Uncirculated, bril.” Later he hand wrote his cost [$6] when he bought-out his partner, B.G. Johnson.  Over time the “Brilliant Uncirculated” coin acquired a deep golden patina.  The glow of mint luster is irrepressible.  If you’ve not added a Newman coin to your collection, shame-shame.  Redemption is at hand.  The Newman envelope, Heritage lot tag [33651] and NGC AU 58 label accompany this lot.  The coin realized $1,763 in Nov. 2013.   Est. $1,200 to $1,500. 2 $1,200 $1,450 $1,320  
73 1832 Sm. Lets. O.102a R.3 PCGS AU 58 CAC A scrumptious coin.  Cartwheel luster whirls under the unquestionably original antique toning.  Smooth surfaces and engaging eye appeal will augment your pride of ownership.  From the collection of Jim Ross who acquired the coin from my friend and mentor Mike Summers.  Est. $750 to $1,100. 5 $751 $828 $826  
74 1832 Sm. Lets. O.109 R.4 PCGS MS 62 OGH This Condition Census piece makes a 4th appearance in my Mail Bid auctions.  It comes with a regal provenance (at least in the realm of bust halves).  Brian Greer placed it in MB 17, back in 1996, after acquiring it from James Allen.  It sold to Gehring Prouty.  In 2002, after Gehring passed away, Charles De Olden acquired it.  The present owner and consignor is Jim Ross.  A complete description appeared in MB 32, June 2006, lot 125, part of the De Olden collection: Generally conceded to be the finest known of this very sticky R.4.  Flashy and untoned, save for a few splashes of pastel rose on the portrait.  This is a nicer example than the Overton plate coin (NGC MS 62), marred by a scrape over the eagle’s right wing.  The strike is as sharp as this variety comes.  Very early die state with crisp die lines (not described in Overton) between STATES OF on the reverse.  The coin reappeared a year later in MB 33, lot 159, where Ross picked it up for $1,997.  A PCGS graded MS 64 appeared in 2007, pushing this example to 3rd place in the Condition Census.  Gehring Prouty’s personal insert accompanies the lot.  It includes his comments on the rarity rating of the die pair.    Est. $1,500 to $2,400. 4 $2,101 $3,000 $2,311  
75 1832 Sm. Lets. O.115 R.1 PCGS AU 55 Early die state.  Beautifully toned in various shades of rose, turquoise and gold.  Thoroughly original.  Strong luster throughout.  Jim Ross found this one in 2004 when I was selling John Tidwell’s nearly complete collection of Capped Bust halves.  Est. $450 to $600. 8 $445 $465 $490  
76 1832 Sm. Lets. O.115 R.1 PCGS AU 53 Late die state, with drawn stars and weak rims.  A flashy coin with exceptionally strong luster for a “53.”  PCGS was confused by the die state.  Light, silver-grey toning.  Est. $300 to $400. 0 $0 $0 Not Sold  
77 1832 Sm. Lets. O.118 R.1 PCGS XF 45 OGH Luster rolls through the fields, largely unimpeded.  I’d expect an AU grade from PCGS today.  Hints of copper toning in the dentils, the centers untoned.  Est. $200 to $300. 2 $190 $195 $209  
78 1832 Sm. Lets. O.119 R.4- PCGS AU 53 Handsome, original antique toning; soft luster contributes to the superior eye appeal of this scarce variety.  Jim Ross ferreted this one from John Crowley’s collection, dispersed at the 2001 ANA Convention in Atlanta.  Est. $350 to $500. 0 $0 $0 Not Sold  
79 1833 O.105 R.2 PCGS VF 35 Gold CAC Strong luster, paired with screaming originality, prompted John Albanese to award this one a gold sticker.  There will be no arguments!  The rims and devices are victims of worn dies; yet the eye-appeal is absolutely first rate.  The surfaces befit an AU coin.  This is the first gold-stickered VF I’ve encountered.  Est. $250 to $400. 4 $330 $375 $363  
80 1834 Lg. Dt. & Lets O.101 R.1 PCGS AU 58+ Blinding luster, a strong strike and nifty surfaces earned PCGS’ top AU grade.  Nearly imperceptible friction on the cheek kept the coin from a mint state designation.  Here is an eye-popping candidate for a first-class Red Book collection.  Est. $1,200 to $1,500. 0 $0 $0 Not Sold  
81 1834 Sm. Dt. & Lets O.109 R.1 PCGS AU 58 CAC Rich toning blankets the sharply struck, fully lustrous obverse.  The reverse displays semi-prooflike fields, encased in similar antique toning.  The lot comes with the envelope and tag for lot 406 of Stack’s March 1975 auction.  I’ve not seen the description but will wager that the coin was offered as UNC, perhaps Ch. UNC.  It is truly gorgeous.  Est. $900 to $1,400. 1 $600 $600 $660  
82 1835 O.102 R.3 PCGS AU 55 OGH A perfect coin for the date or type collector.  The strike is razor sharp.  Check out Liberty’s curls and the eagle’s feathers.  The untoned surfaces exhibit full luster, as fresh as the day the coin was struck.  Contact marks, if any, are microscopic.  Cabinet friction on the cheek, nowhere else.  Certainly a “58” by today’s standards.  Est. $450 to $600. 6 $550 $550 $605  
83 1835 O.105 R.1 PCGS XF 40 OGH Light toning.  Soft cartwheel luster.  The surfaces are free of marks though a little busy.  Still, a whale of an “XF.”  Est. $175 to $250. 0 $0 $0 Not Sold  
84 1836 O.107 R.4 PCGS AU 55 CAC Ex Stewart P. Witham, noted on the PCGS label.  Antique grey with splashes of green and turquoise iridescence.  The scarcity of the variety alongside original toning and surfaces carried this one to $920 when offered by Heritage in its 2010 ANA Convention sale of the Witham Collection.  The recent addition of a CAC sticker is a further enticement.  Est. $500 to $ 800. 7 $485 $485 $534  
85 1836 O.110 R.1 PCGS AU 50 CAC Light to medium grey toning with strong underlying luster.  The coin elicits a refreshing air of originality.  Est. $300 to $400. 0 $0 $0 Not Sold  
86 1836 O.114 R.2 PCGS AU 58 CAC Ex Brad Higgins and Jim Ross.  Last offered in MB 46, lot 88, Jan. 2018 (@ $1,045).  Appearing earlier in MB 30, lot 70, March 2005 as ANACS AU 58.  There described: A splendid “grey dirt” specimen.  Nicely impressed with but a hint of weakness in the motto.  Cakey luster and a touch of friction on the cheek - maybe.  You’ll have no quarrel with the ANACS grade!  PCGS and CAC agreed with the ANACS designation.  Est. $800 to $1,200. 1 $700 $700 $770  
87 1836 Bar Dot O.118 R.3 PCGS MS 62 Intense luster, a sharp strike and colorful toning would all befit a 63 or 64 designation. A scrape of recent origin in front of Liberty’s nose probably accounts for the conservative grade.  A pretty coin!  Est. $1,400 to $1,800. 0 $0 $0 Not Sold  
88 1836 Bar Dot O.121 R.5+ PCGS XF 40 CAC Ex Jim Ross, via John Tidwell circa 2001.   Truly, a “killer” R.5.  I’ve cherried one in 35+ years of searching.  The population is 40 something.  This is a lovely example.  The natural toning favors cobalt blue on the reverse and deeper shades of rose on the obverse.  The die state is as late as I’ve seen.  Yet all dentils are visible.  The surfaces are exquisite for the grade.  No marks deserve mention.  Here is a prize for the serious collector. Est. $2,000 to $3,000. 0 $0 $0 Not Sold  
89 1809 III Edge O.109a R.2 PCGS AU 58 CAC The first of a 24-piece hoard (lots 89-112) - The Heirloom Collection.  A pristine 1809 with cakey luster and immaculate surfaces.  Cabinet friction on the cheek, nowhere else.  This die pair (always?) comes with an III edge.  The consignor sent me all 24 coins, unattributed, after CAC finished its work.  Openings in the PCGS capsule allowed a peek at portions of the edge, just enough to be sure about the edge variety: III Edge, though not noted on the current PCGS label. In all events, the coin is magnificent.  Est. $2,500 and up. 3 $3,177 $4,000 $3,495  
90 1812 O.110 R.1 PCGS AU 50 CAC Soft luster runs through the fields.  Minor ticks from circulation include a faint hairline in the field near star 1 to Liberty’s bustline.  A handsome, original 1812.  Est. $500 to $750. 1 $400 $450 $440  
91 1814 O.102 R.2 PCGS XF 40 CAC Nearly the luster of an AU coin.  Striking weakness at the drapery lines, top of cap and arrow shafts may have influenced PCGS.  No marks deserve mention.  Est. $275 to $450. 10 $425 $425 $468  
92 1818 O.111 R.1 PCGS AU 53 CAC The usual crust of silver-grey toning, with plenty of pizzazz on account of vibrant luster.  Wonderful surfaces.  We’d like all our 53’s to be this nice.  Est. $600 to $900. 1 $500 $600 $550  
93 1819 O.108 R.3 PCGS AU 55 CAC Full cartwheel luster, nice surfaces and just a trace of high-point friction.  Why not a 58?  I envision a regrade request in this coin’s future.    Est. $750 to $1,000. 2 $650 $680 $715  
94 1822 O.103 R.5- PCGS XF 45 CAC A pleasant surprise for the consignor when I told him that he’d “cherried” an R.5.  The streaks at star 7 and atop the left wing are “drift marks,” imperfections in the planchet strips that survived the imperfect refining processes of the early Mint.  They affect eye-appeal, of course, but must not be viewed as damage.  This lightly circulated rarity retains much of its original luster.  Struck from an early state of the dies.   Est. $900 to $1,250. 1 $500 $600 $550  
95 1823 O.107 R.2 PCGS XF 45 Luster matches that seen on most AU’s.  A bit of friction in the obverse fields explains an otherwise conservative grade.  Why no CAC sticker?  Well, you got me there! Est. $225 to $325. 6 $295 $295 $324  
96 1824 Recut Date O.110 R.2 PCGS AU 53 PCGS missed the 4/4 feature.  Soft luster hides beneath the protective patina.  A circulation tick on Liberty’s cheek is of ancient origin.  The narrow double profile is common on 1823 and 1824 bust halves.  Est. $400 to $600. 1 $400 $425 $440  
97 1825 O.101 R.1 PCGS AU 58+ CAC A prize for those participating in PCGS’ “Everyman Registry Set” listings.  Folks, the coin is uncirculated.  I cannot find a luster break.  The surfaces are free of distinguishing marks.  Striking weakness is limited to the olive branch and eagle’s claws.    Est. $1,200 to $1,600. 1 $1,200 $3,000 $1,320  
98 1826 O.106a R.3 PCGS AU 55 CAC Liberty’s curls and the eagle’s feathers are fully detailed.  Unbroken luster rolls across the fields and over the devices.  Another sweet coin that may be headed back to PCGS for “reconsideration.”  Est. $500 to $700. 1 $450 $450 $495  
99 1826 O.110 R.2 PCGS AU 55 CAC Not quite the luster we expect of a “58,” but a paradigm high-end “55.”  The surfaces are exceptionally nice.  Est. $500 to $700. 2 $450 $450 $495  
100 1827 Sq. Base 2 O.115 R.2 PCGS AU 50 CAC Spot-on for the grade.  Friction confined to the high points.  No luster breaks in the fields.  A short, irregular drift mark crosses P in the motto.  Est. $350 to $500. 1 $350 $400 $385  
101 1827 Curl 2 O.146 R.2 PCGS MS 62 A charming coin for Red Book collectors: well struck, full luster, smooth surfaces and o-r-i-g-i-n-a-l!  You date, type and die variety collectors are welcome to join the donnybrook that will accompany efforts to corral this lovely piece.   Est. $1,800 to $2,500. 2 $1,800 $1,977 $1,980  
102 1828 Sm. Let. Rev. O.119 R.3 PCGS AU 58 CAC Another happy surprise for the consignor.  Though only R.3, this Red Book staple is awash with suitors. Check your AMBPR.  No CAC approved 58’s appeared at auction during the last 5 years.  An AU 55 with a green bean brought $3,685 in my Jan. 2017 FUN Show sale.  Deep, vibrant luster encases the fields and devices.  Contact marks are virtually non-existent.  Minuscule flyspecks on the obverse confirm the originality of the coin and, of course, did not concern either PCGS or CAC.  Est. $2,000 and up. 1 $1,500 $1,500 $1,650  
103 1829/7 O.101 R.1 PCGS AU 58 Sharply struck, missing only the rarely seen [on this die pair] fold in Liberty’s cap.  No CAC?  A few wispy hairlines and the short drift mark at star 10 probably pushed this one to the middle of the bell curve for AU 58’s.  Still, a NICE coin.  Do not be shy with your bid.  Est. $1,200 to $1,700. 1 $1,000 $1,200 $1,100  
104 1829 O.105 R.1 PCGS AU 58 CAC Maybe a little cabinet friction.  Maybe not.  The coin never entered circulation.  The surfaces are essentially free of contact marks.  Full, cakey luster – a hallmark of this wonderful hoard.  Est. $900 to $1,250. 1 $800 $800 $880  
105 1829 O.112 R.1 PCGS AU 58 Yet another bust half that failed to circulate.  Full mint luster.  The surfaces display minimal contact marks.  A slight distraction is the dark area around Liberty’s jaw.  Roughness in the planchet is the reason, not wear or mishandling.  $600 to $800. 1 $500 $750 $550  
106 1830 Sm.0 O.108 R.3 PCGS AU 55 CAC The unbroken luster is miles deep.  A whisper of cabinet friction on the cheek – maybe.  The grey patina is a bit cloudy.  That’s my guess why the coin is not labeled “58” or “62.”  It is a remarkable “55!”  Est. $500 to $700. 1 $450 $450 $495  
107 1831 O.107 R.3 PCGS AU 55 CAC Rarely do I have trouble spotting friction on a coin graded AU 55.  Here is another such “problem” coin.  Where’s the rub?!  The familiar 3 dots on Liberty’s neck, of course, are from the ejection mechanism.  The coin was neither circulated nor mishandled.  Bid accordingly.  Est. $500 to $700. 10 $750 $768 $825  
108 1832 Sm. Lets. O.103 R.1 PCGS MS 62 CAC Luster flows across Liberty’s rounded cheek.  No hint of friction this time.  The antique grey patina is thinner than on others in the hoard.  The luster, therefore, carries more wham or flash, a comfort to the PCGS graders.  And pay attention to the strike on this 1832.  Wow!  Est. $1,500 to $2,000. 1 $1,300 $1,510 $1,430  
109 1833 O.112 R.2 PCGS AU 58 CAC Another half-dollar that dodged its obligation to enter commerce.  Worn dies were no excuse for early retirement but explain why the coin was not graded mint state.  Note the drawn stars and shallow rims.  The toning is a tad uneven around the left wing and a hairline lies just above.  Est. $750 to $900. 1 $500 $500 $550  
110 1835 O.109 R.2 PCGS AU 55 CAC Again, where’s the rub?  Under a glass I see a few wispy hairlines but nothing suggesting actual wear.  So be it.  The original toning, smooth surfaces and unbroken luster will speak for themselves.  Veterans of the bust half wars know the 1835 to be the least common in AU and UNC among the so-called late-dates, 1830-1836.  Est. $450 to $650. 2 $450 $675 $495  
111 1835 O.110 R.2 PCGS MS 62 CAC Creamy luster gushes from the depths across nearly immaculate surfaces.  The central devices are sharply impressed.  This is a beautifully preserved coin, looking for a new steward to shepherd it to its 200th birthday and beyond.    Est. $1,700 to $2,200. 4 $1,801 $2,500 $1,981  
112 1837 RE GR.17 1 PCGS AU 55 CAC Friction on the cheek and some busyness in the left obverse field justify an otherwise conservative grade.  Soft luster flows, rim to rim.  Est. $500 to $750. 1 $500 $550 $550  

Sheridan Downey, Numismatist
Oakland, California
(510) 479-1585

©2019 Sheridan Downey