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Sheridan Downey Numismatist - Coins

Mail Bid Auction 51

Auction ended on February 15, 2021

Lot Number 50

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1823 -  O.109 R.5+ PCGS XF 40

A famous rarity in the capped bust series.  The magnificent obverse die breaks make the variety easy to identify.  Yet barely more than 30 pieces have appeared since Al Overton issued his standard reference work in 1967.  PCGS has graded two other XF 40’s, five AU’s and just two uncirculated examples.  The centers are antique grey.  Light copper toning circles the stars and legend.  No marks deserve mention.  A similarly graded though less desirable 1823 O.109 needed 3 appearances in recent Heritage auctions (2017-18) to find a home, with reported prices of $2,280 to $4,230.  Keith Davignon’s CAC approved PCGS XF 40 sold for $3,751 in my 2014 ANA Sale.  If you are a serious die variety collector this is an important opportunity.   Estimate: $3,000 to $4,000

Auction Ended

High Bid Maximum Bid Total Price
Reserve met
$2,500 $2,750

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

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