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Sheridan Downey Numismatist - Coins

Mail Bid Auction 44

Auction ended on January 5, 2017

Lot Number 4

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1807 Cap Bust -  O.111 Prime R.7 PCGS F.12

I’ve not before encountered a true prime of the O.111.  The die marriage, of course, is best known for its late state: the bearded goddess, O.111b.  The familiar die break that joins Liberty’s chest and chin is invariably accompanied by a 2nd, less remarkable, die break joining stars 1-6.  The peripheral die break is also seen on the intermediate state, O.111a, where Liberty’s “beard” is thin, incomplete, or just a nub on her chest.  The early die state, O.111, with no sign of an interior die break, is given an R.6 rarity rating in Overton/Parsley’s 5th edition.  The few examples I’ve seen display some portion of the peripheral break through the left-hand stars.  Not here!  Under high magnification I see no evidence of a break between any stars.  To my knowledge, this piece is the earliest known die state of the O.111 die pair.  The coin was spotted and acquired by the consignor in a PCGS 1807 Small Stars holder!  PCGS has corrected its error.  The label now includes the proper O.111 attribution.  The coin is without defects.  The obverse sports natural grey toning with a thin ring of album toning; the reverse toning is more colorful, though somewhat uneven.  This may be a once-in-a-lifetime opportunity.    Est. $5,000 and up

Auction Ended

High Bid Maximum Bid Total Price
Reserve met
$9,191 $3,971

Sheridan Downey, Numismatist
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