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Sheridan Downey Numismatist - Coins

Mail Bid Auction 52

Auction ended on August 11, 2021

Lot Number 62

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1809 III Edge -  O.109 R.3 PCGS Gold Shield AU 53

Ex Charlton E. Meyer, Jr.   The attribution and Link-Meyer provenance are noted on the PCGS label.  The III edge is visible in a gap in the modern PCGS capsule, below the date.  The earliest or “prime” die state of the O.109 is probably tougher than its R.3 rarity rating suggests.  (Overton thought R.4.)  Liberty’s fore curl is not yet clear of her handband and no die break appears on the reverse, through AMERICA.  Meyer acquired the coin in my April 1991 Mail Bid Sale No. 4, lot 32.  I noted the luster and light gold toning along with a short, unobtrusive scratch under the eagle’s beak.  Dr. Link purchased the coin from our mutual friend David Kahn in July 2012. Dave touted it this way, The toning is … a simple mix of light silver with just a touch of golden overtones, but when combined with the solid strike, the cartwheel luster and the full dentils seen here, the result is a little jewel of a coin.  A real treat to look at.  PCGS suggests a value of $1,500 for the O.109 prime with III Edge.  

Estimate: $1,100 to $1,300

Auction Ended

High Bid Maximum Bid Total Price
Reserve met
$2,021 $1,892

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

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