1848 1C Braided Hair Cent, N-28 PCGS MS65RB Ex.Naftzger (tied CC#1 by Grellman & Noyes)


Previously offered by Ira & Larry Goldberg Auctioneers in September of 2009, as lot #880, the Naftzger catalog states "Highly lustrous mint red mellowing to bluish steel and light olive on the devices, two-thirds of the red showing. Great eye appeal, only a few small spots from flawless. These include a small carbon spot close over star 11, another in the dentils over the second A in AMERICA, and a spot of darker steel toning at the left foot of the first A in AMERICA. Nicely struck, although a few of the stars do not show all their radial lines. The obverse fields are smooth and hard, slightly reflective thanks to a fresh die polishing. M-LDS, die state c. The lines at ON and EN are gone, only a couple dull points remaining from those letters. Called MS65 and tied for CC#1 in the Noyes census, his photo #30555. Our grade is MS65, tied for CC#1 honors with the preceding example in the Grellman census. Estimated Value $1,000-UP

Ex Tony Terranova 4/14/89.
This coin realized $4,390 in 2009. It is quite a significant occurance when both Grellman and Noyes agree an example is the Finest Known (or tied for that honor) as they do with this coin. This specimen remains in it's original holder when it was sold in 2009. It is entirely possible it is a higher grade today.
More Information
PCGS # 2200
Grading Service PCGS
Year of Issue 1848
Grade MS65
Denom Type Braided Hair Cent
Numeric Denomination 1C
Mint Location Philadelphia
Designation RB
Circ/UnCirc Uncirculated
Strike Type Business
Holder Variety Newcomb 28
Grade Add On NONE
Holder Type N/A
Is on Sale No

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