NNP

1802/0 C-2 Overdate 2 over 0, Reverse of 1803 R3. PCGS graded EF-45 Brown. CAC. Choice glossy chocolate brown. Nearly flawless except for a pair of short but obvious scratches at ME in AMERICA. M-LDS, Manley state 4.0, with fine die rust covering much of the fields on both sides, primarily near the dentils. These dies were well on the way to becoming two of the most severely rusted dies used in the entire series before most of the roughness was polished off for the latest die state (Manley state 5.0). This was the "model" coin for the electrotype copies of this variety, and the copies are easily identified by the two scratches at ME (unless you have this real one, of course). Plated in the Breen encyclopedia to illustrate the variety (large reverse photo on page 206) and his die state IV (small photos for obverse and reverse), plus both sides are illustrated in his color plates at the end of the book. Also plated on page 38 in the second edition of the Cohen book to illustrate the earlier die state (although this piece is far from the early state). Our grade is EF40 net VF35. Probably finest known by a small margin, slightly better than the second EF listed in the Breen/Hanson census (encyclopedia, page 207) in a side-by-side comparison conducted in August of 1993. Weight 79.8 grains. The attribution and Missouri Cabinet provenance are shown on the PCGS label. PCGS population 1; the finest graded. (PCGS # 35125) Estimate Value $45,000 - UP Ex Milton A. Holmes, Stack's 10/6/1960:1290 ($300)-Joseph S. Brobston, Stack's Brobston Fixed Price List No. 69, January 1963 (listed at $675)-R. L. Miles, Jr., Stack's 4/10/1969:13 ($700)-Anthony J. Terranova 9/19/1980-R. Tettenhorst-EPNNES-Missouri Cabinet (Mocab 02.2.7).

Price Realized: $138000

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 53.