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Sheridan Downey Numismatist - Coins

Mail Bid Auction 57

Auction ends on January 5, 2024 6:00 pm EST


Lot Number 98

Click coin to enlarge & see slabs

1836  -  O.116a R.5+ PCGS AU 58

Ex John Tidwell and Dr. Charles Link   Link provenance noted on PCGS label.  Barry Broyde’s (pseudonym: E. Horatio Morgan) prooflike PCGS MS 62 was the discovery coin and continues its reign as the finest known O.116a.  It brought $13,200 when offered at Heritage’s April 2020 Central States auction, lot 3509.  I have traced the current offering to my August 2004 Selected Rarities Sale from the Tidwell Collection, lot 20, where it brought $6,771.  It is tied with one other coin at #2 in the Condition Census.  Although the reverse die was heavily lapped, removing all signs of the double zero (and some arrow feathers and berry stems) the centers of this remarkable coin are razor sharp.  Liberty’s curls are complete..  The eagle’s feathers and talons lack no detail.  While the coin was dipped to show off its dazzling luster, the surfaces are free of hairlines or handling marks.  Attribution of this subvariety, when offered in lower grades, is often suspect.  Was the double zero never there or just the victim of wear?  Same question with respect to the missing olive stems and arrow feathers.  How nice it is to eliminate such doubts with a near mint state coin.   

Estimate: $7,000 to $9,000

Auction Ended

High Bid Maximum Bid Total Price
Reserve met
$6,850 $7,150

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Sheridan Downey, Numismatist
4400 Keller Ave., Suite 140, PMB 398
Oakland, California 94605
(510) 479-1585

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