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Sheridan Downey Numismatist - Coins

Mail Bid Auction 53

Auction ended on January 15, 2022

Lot Number 54


Click coin to enlarge

1832 Sm. Lets. -  O.109 R.4- PCGS AU 55


An old friend, making its third appearance in my auctions.  It was in an NGC AU 58 capsule when Tim captured it in Mail Bid Sale No. 34, August 2009, lot 101 (at $1,241).  The consignor, Paul Bakke, found it in Mail Bid Sale No. 30, March 2005, lot 28.  The `32-109 carried an R.5 rarity rating until the 1990s when cherry pickers extraordinaire Michael Summers and Brian Greer identified a number of mid-grade examples.  High grade pieces remain a challenge.  My prior description from 2005 holds today: Near the low end of the Condition Census.  Full cartwheel luster with nice surfaces and a blanket of gold and rose toning.  Worn dies account for the generally soft impression.  No longer an R.5, but in great demand in this lofty condition.  (The PCGS label incorrectly attributes the coin as the Large Letters variety.)  

Estimate: $900 to $1,200


Auction Ended

High Bid Maximum Bid Total Price
$800
Reserve met
$800 $880

Sheridan Downey, Numismatist
4400 Keller Ave., Suite 140, PMB 398
Oakland, California 94605
sdowney3@aol.com
(510) 479-1585

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