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Sheridan Downey Numismatist - Coins

Mail Bid Auction 53

Auction ended on January 15, 2022

Lot Number 40

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1827 Sq. Base 2 -  O.140a R.4+ PCGS AU 53

Ex Charlton E. Meyer, Jr.  Meyer provenance noted on the label.  The O.140a die state was a “stopper” for die variety collectors of the 1980s and early 1990s.  Auction prices were astronomical on the few occasions one appeared.  High grade examples were unheard of.  Enough examples appeared over the past couple of decades to justify a drop in rarity rating from R.5+ to R.4+.  High grade pieces, however, remain a problem.  No mint state examples are known.  In September 1992, Meyer persuaded Floyd Farley to part with his AU set piece.  I offered it at $1,800 at the 2008 summer ANA.  Too cheap.  A savvy dealer spotted it and sold it to Tim in September that year.  It is one of Tim’s butterscotch coins, silver-grey infused with a soupçon of gold.  The strike is spectacular for the marriage and die state.  

Estimate: $2,000 to $2,500

Auction Ended

High Bid Maximum Bid Total Price
Reserve met
$2,700 $2,970

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

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