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216
Superb Red & Brown 1802 S-228 Error Fraction
257
1802 S-228 R2 Error Fraction 1/000. PCGS graded MS-65
Red & Brown.
Choice lustrous mint red fading to steel brown
and olive with 20% of the red remaining on the obverse,
10% on the reverse. Nearly flawless; a superior cent in every
respect. The only marks, and they are trivial, are a faint spot
of lighter reddish steel brown toning on the left top of the B
in LIBERTY and a very thin vertical nick or planchet void
in the field left of the top of the hair ribbon. M-LDS, Breen
state IV. All the die cracks described by Breen are clear. The
error fraction (1/000) feature is obvious. A superior example
of this popular “Redbook” variety; perfect for a top-notch
registry set. The reverse of this cent is plated in
Penny Whimsy
and both sides are illustrated in the 1991 Noyes reference.
Graded MS65 Choice and tied for CC#1 in the Noyes census,
his photo #21588. Bland says MS64 and CC#1.
Our grade is
MS64
. The attribution and Naftzger-Reynolds provenance are
noted on the PCGS Secure label.
Pop 1; none finer at PCGS
for the variety. The only example graded Red & Brown at
PCGS
(PCGS # 36342)
Estimated Value ......................................................$40,000-UP
Ex David Proskey-Henry C. Hines-Dr. William H. Sheldon
4/19/1972-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner-Jay Par-
rino (The Mint)-Superior 9/7/1997:55 (includes the Naftzger
collection envelope, Superior lot ticket, and an old NGC slab
label grading this cent MS66RB, label #506412-001).