NNP

1802/0 C-1 Overdate 2 over 0 with Reverse of 1800 R6. PCGS graded VF-30 Brown. Glossy chocolate brown mixed with darker olive brown. The surfaces are reasonably smooth and display only minor marks, including a thin scratch under the L in LIBERTY, a small rim nick at the Y, a horizontal scratch under TA in STATES, and a shallow planchet chip (as struck) under the F in OF. The strike on this variety is always weaker at the bust tip and opposing area at OF, but the date is complete and the overdate is clear. The legends are strong except for OF, which is weaker but easily readable. LDS, Manley state 2.0, with advanced die rust on the obverse and a tiny rust lump now shows inside the top of the 0 in the date. Plated on page 38 in the second edition of the Cohen book to illustrate the variety, and listed in the census on page 204 of the Breen encyclopedia. An attractive example of this popular rarity, possibly the finest known. Our grade is VF20. (Jules Reiver said this piece is better than the Bareford example, and he was fortunate enough to examine both pieces.) Weight 79.0 grains. The attribution and Missouri Cabinet provenance are shown on the PCGS label. PCGS population 1; the only example graded for the variety. (PCGS # 35122) Estimate Value $125,000 - UP Ex B. Max Mehl 4/17/1934:333 ($66.50)-unknown-Robert F. Batchelder (Coin World, 1/2/1974, listed for $1,900)-Samuel Ungar, Fixed Price List August 1992, lot 5 (listed at $22,000)-R. Tettenhorst-Missouri Cabinet (Mocab 02.1.4).

Price Realized: $97750

Images and description courtesy of Ira and Larry Goldberg Coins and Collectibles, Los Angeles, CA.

From Goldberg's sale of the Missouri Cabinet Collection, 1/26/2014, lot 51.