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Sheridan Downey Numismatist - Coins

Mail Bid Auction 50

Auction ended on January 10, 2020

Lot Number 61

Click coin to enlarge

1823 -  O.109 R.5+ PCGS AU 50

More caviar for die variety collectors.  This die pair was a solid R.6 when I entered the arena 38 years ago.  The number of examples has slowly crept above 30, yielding its current R.5+ rarity rating.  AU examples are exceedingly rare.  Let’s say R.7, with fewer than a dozen known.  This untoned example retains much of its original luster.  The surfaces exhibit signs of brief circulation, with stray hairlines but few contact marks.  The strike is surprisingly bold given the late state die state.  I find no prior auction record for this important coin.  Est. $4,000 to $4,800.

Auction Ended

High Bid Maximum Bid Total Price
Reserve met
$3,900 $4,290

Sheridan Downey, Numismatist
4400 Keller Ave., Suite 140, PMB 398
Oakland, California 94605
(510) 479-1585

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