247 / 280
245
Finest Known S-262
295
1803 S-262 R3. PCGS graded AU-55.
CAC APPROVED
.
Glossy medium chocolate brown with lighter steel brown and
tan toning in protected areas. A splash of dark chocolate brown
toning from the E in ONE down into the leaves below NT in
CENT contains traces of microscopic roughness and crud, but
the remainder of the planchet is smooth and very attractive.
The only notable contact mark is a light diagonal scratch in the
field before the chin, but it blends perfectly into the attractive
toning and is visible only under magnification. MDS Breen
state II. The long die line slanting up through the bust is clear
but the reverse is uncracked and the repunching on the M in
AMERICA is sharp. The reverse of this cent is plated in
Early
American Cents
and
Penny Whimsy,
and both sides are illus-
trated in the 1991 Noyes reference. Graded EF45 net VF35 and
CC#1 in the Noyes census, his photo #21460. Bland says EF45
net VF35 and CC#1.
Our grade is EF45 net VF35.
Another
very important cent that comes with an impressive provenance.
The attribution and Naftzger-Reynolds provenance are noted
on the PCGS Secure label.
Pop 1; none finer at PCGS for the
variety (PCGS # 36386)
Estimated Value......................................................... $8,000-UP
Ex David Proskey-Henry C. Hines-Dr. William H. Sheldon
4/19/1972-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner 8/13/1992-
R. S. Brown, Jr., Superior 1/27/1996:360 (includes the Naftzger
and Brown collection envelopes and the Superior lot ticket).