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Sheridan Downey Numismatist - Coins

Mail Bid Auction 56

Auction ended on August 9, 2023

Lot Number 68

Click coin to enlarge

1827 Sq. Base 2 -  O.127 R.5 PCGS AU 50 OGH

Another killer R.5 from 1827.  This Condition Census piece comes with a distinguished provenance.  It was Ivan Leaman’s set piece until June 1994 when Charlton “Swampy” Meyer extracted it (for $3,625) from the “Pottstown Puller.”  (Leaman practiced dentistry in Pottstown, PA.  He is best known for his work with Donald Gunnet in developing the emission order for Capped Bust halves.  Consult page 9 of your AMBPR for the complete list.)  Swampy died in September 2006.  I purchased the Meyer Collection from Gloria Meyer in 2008 and offered it during the July-August 2008 ANA Convention in Baltimore.  When I priced this coin at $4,250 a collector pounced.  It remained off the market until 2018, when the current consignor acquired it via private treaty for $4,450.  The coin is charming.  It is lightly toned with an alarming dose of luster for the assigned grade.  The surfaces display insignificant signs of handling and are free of circulation ticks.  

Estimate: $3,500 to $4,500

Auction Ended

High Bid Maximum Bid Total Price
Reserve met
$4,010 $3,850

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

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