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Lot 201

1802 S-232 R1 PCGS graded MS62 Brown.

Frosty olive brown and steel with a few puffs of lighter reddish

steel brown toning on the reverse. The surfaces are satiny and this cent offers excellent eye appeal, especially

on the obverse. The only notable marks are a dull tick left of the top of the C in CENT and a faint scratch

over the right side of the A in STATES. Sharply struck MDS, Breen state IV, with three dentils fused under

the 1 in the date and fine die cracks at OF and M. The T over Y feature in LIBERTY is obvious.

Our grade

is MS60

. The attribution and Reynolds provenance are noted on the PCGS Secure label.

Pop 1; 1 finer in 64

at PCGS for the variety

.

Estimated Value ................................................................................................................................................$5,000-UP

Ex Chris McCawley, 2008 EAC Sale, McCawley & Grellman Auctions 5/10/2008:351-Tom Reynolds Collection (lot ticket included).

UNIQUE INTERMEDIATE DIE STATE S-235

Lot 202

1802 S-235 R3 PCGS Genuine, XF Details, Rim Damage.

Dark steel and olive brown. The surfaces are

matte thanks to uniform extremely fine granularity but there is no verdigris. A proper brushing may bring

some life to the surfaces. The only marks are a series of 8 sharp rim nicks or short scratches at the rim from

the 18 clockwise to left of the hair ribbon. These marks are old and only the one left of the hair ribbon catches

your eye. MDS, Breen state V early, with an unlisted intermediate cud break connecting TY in LIBERTY to

the rim above. Normally this cud covers all of the top of the T, but the cud on this example ends near the

middle of the top of the T. A new intermediate die state that was unknown to Breen, unique to the best of

our knowledge. A very important piece for a die state specialist.

Our grade is VF35 sharpness net F15.

The

attribution and Reynolds provenance are noted on the PCGS Secure label.

Estimated Value ............................................................................................................................................... $1,000-UP

Acquired from an unrecorded source in Baltimore 3/2013.