Lot Number 11
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1809 - O.112 R.5- PCGS XF 45 CAC
Light grey toning. Good luster through the stars and legend, softer in the moderately hairlined fields. Ex Charlton E. Meyer, Jr. and so noted on the PCGS label. This coin is plated in the 3rd, 4th and 5th editions of Overton’s standard reference. It stands today as #5 in the Condition Censes. Meyer purchased it in August 1974 from Gary Lonnon, an early BHNC member, paying the grandiose sum of $240! The coin last appeared in Stack’s January 2009 Americana-Philadelphia Sale, lot 5159 where it brought $1,725. Overton Plate coins rarely appear on the market. Most remain with the Overton Collection, held by a private collector since July 1993 when your cataloguer negotiated a private sale of the collection on behalf of Overton’s daughter and son-in-law, Bonnie and Donald Parsley. The consignor’s notes indicate that Harry Laibstain purchased this coin at the Jan. 2009 Stack’s sale. Laibstain sold it privately to Dr. Charles Link. In May 2010 Dr. Link located a better coin and sold this one to the consignor. Est. $2,000 to $3,000.