Lot Number 45
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1822/1 - O.102 R.4+ PCGS AU 55
The `22-102 is an extreme rarity in high grade. This example is among the top 5 or 6 known. The Condition Census is headed by the incomparable Norweb coin, NGC MS 63 CAC, offered as part of George Hamilton’s collection in Heritage’s 2016 Anaheim ANA sale. It brought $15,275. I am familiar with two others graded PCGS AU 58. Don Parsley’s example (with obverse die break) appeared in my June 2000 MB 25, lot 16, selling to George Hamilton for $5,506. (Yes, George had the #1 and #2 CC coins.) It brought $8,510 at Heritage’s 2016 ANA sale. Stewart P. Witham also owned a choice AU, graded “58” by PCGS. It brought over $10,000 in Heritage’s auction of August 2010, lot 4881. The early history of the current offering is recounted in the description that appeared in my January 2014 FUN Show sale, MB 38, lot 37.
This is Charlton Meyer’s set piece (noted on the PCGS label), acquired from Julian Leidman by private treaty at the 1988 ANA Convention in Cincinnati. The coin appears to have been stored in a Wayte Raymond album before it was dipped some decades back. A pastel halo of golden iridescence frames the lightly toned, lustrous centers. The coin saw little circulation as the fields still reward us with a complete cartwheel.
The coin was consigned to MB 38 by Keith Davignon. He purchased it at my 2008 ANA Convention sale of the Meyer Collection. The winning bidder at $4,235 was another BHNC stalwart, Howard Sharfman, the current consignor. Estimate: $4,000 to $5,000