Lot Number 54
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1826 - O.115 R.5- Raw AU
Yet another fancy R.5. From the Davignon collection, ex Mike Summers and David Kahn (in 2008). This is a VERY high grade example, near Condition Census. It apparently failed in its one visit to PCGS. The surfaces are free of marks or obvious hairlines. For a coin that is a smidgen short of UNC the cartwheel luster is subdued. Not absent, but not imposing. I’ll guess that PCGS was concerned about the impaired luster or, perhaps, the slightly uneven toning. The strike is from an early state of the dies. Note the high obverse rims, sharp dentils and well detailed curls. Keith settled on an AU 53 grade. Most would suggest a notch or two higher. Est. $700 to $1,200.