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Sheridan Downey Numismatist - Coins

Mail Bid Auction 51

Auction ended on February 15, 2021

Lot Number 32

Click coin to enlarge

1818 -  O.115 R.5 PCGS Shield AU 55

The Frederick-Link provenance appears on the PCGS label.  For bust half intelligentsia this coin is one of the 3 most important coins in the sale.  I have never seen an uncirculated example.  (DeOlden’s NGC AU 58 generated this frank assessment in my 2006 Denver ANA Sale of his “Fabulous 44.”  A handsome piece with nice surfaces albeit generously graded.  Old timers will settle on choice XF.  It brought only $3,106.)  When Heritage presented Don Frederick’s important die variety collection at its April 2010 Central States auction it offered a bland description of his coin (offered here), casually mentioning its place in the Condition Census and telling us nothing about where Don found it.  (Don kept meticulous records.)   Dr. Link won the lot at $4,600.  Five years later he consigned it to my 2015 ANA Sale, MB 41.  Lot 33 sold for $5,627 to our current consignor, Howard Sharfman.  I described it this way.

… another important coin from the Link Collection.  This lustrous example appears to be the 2nd finest known of the rare early die state.  The familiar obverse die break is in its infancy, just a feathery line from the rim to Liberty’s lowest curls.  High rims and sharply outlined devices confirm the die state.  A pastel ring of gold encases the stars and legend.  This is a charming coin that offers rarity, charisma, eye appeal and a distinguished provenance in one package.  For the advanced collector it is a taste of caviar.  Better yet, quoting Walter Breen, it is a morsel drawn from a plate of peacock’s tongues!

 PCGS suggests a current value of $7,250.   Estimate: $6,000 to $7,000

Auction Ended

High Bid Maximum Bid Total Price
Reserve met
$7,808 $8,186

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

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