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Sheridan Downey Numismatist - Coins

Mail Bid Auction 51

Auction ended on February 15, 2021

Lot Number 46

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1822 -  O.103 R.5- PCGS AU 55 CAC

Near Condition Census.  The finest is a Gem Proof, ex Norweb.  It brought $211,500 in the September 2015 Stack’s/Bowers-Sotheby sale of the Pogue Collection.  This lightly circulated example is an intermediate die state.  A thin die break crosses star 6 to the bridge of Liberty’s nose.  The later-appearing break at the top of the date to drapery and star 13, required of the O.103a die state, is absent.  The coin bespeaks originality.  Its smooth, lustrous surfaces donned a crust of antique woodgrain toning.  Henry Hilgard cherried the coin sometime in the 1980’s.  He sold or traded it to Gehring Prouty a few years later.  The next owner was Tim Osborne, Gehring’s soulmate and closest friend among BHNC members.  Tim wrote the following when I told him the coin was coming to auction: I could never get Gehring to sell me any of his dupes – he just kept them all.  But in October 1996 he finally let this one go.  It was raw when I bought it, so I sent it to NGC.  It came back AU 58.  Later, in June 2013, I crossed it to PCGS as AU 55. [The NGC AU 58 label accompanies the lot.]   Tim and Dr. Tom Sears got together in 2019 to discuss a series of numismatic transactions.  Tom came away with this remarkable coin.  The slab photo was taken before it acquired a CAC sticker.    Estimate: $3,800 to $4,500

Auction Ended

High Bid Maximum Bid Total Price
Reserve met
$3,500 $3,850

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

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