NNP

1846 Second Restrike Breen 1-C R6+. PCGS graded Proof 65 Brown. CAC. Reverse of 1840. The obverse is bluish steel brown with faded mint red in the protected areas while the reverse is golden light brown. The fields are nicely reflective with moderate to deep mirrors on both sides. There is a small spot of darker toning close over the inner hair bun and a smaller speck low on the neck over the bust, plus another in the field below the chin. Excellent eye appeal in spite of the trivial defects. Our grade is Proof-64. The obverse is plated in the second edition of the Cohen book on page 116 to illustrate the date. Weight 96.7 grains, Breen's Series V struck on thick planchets. A strong horizontal die line extends from the neck into the field to the left. This die line is present on the originals of this date but fades and it not seen on the restrikes. Quite curious, as this is certainly a second restrike. Perhaps the thick planchet produced a stronger strike that helped bring out die elements that were not seen when struck against thinner planchets. The attribution and Missouri Cabinet provenance are shown on the PCGS label. PCGS population 2; this example and the following lot the only ones graded. (PCGS # 35381) Estimate Value $8,500 - UP Ex Dr. Christian A. Allenburger, B. Max Mehl 3/23/1948:1055-Martin F. Kortjohn, Stack's 10/19/1979:586-R. E. "Ted" Naftzger, Jr.-Eric Streiner-Stack's 1/14/1992:302-R. Tettenhorst-Missouri Cabinet (Mocab 46.3.4).

Price Realized: $16675

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 178.