Lot Number 72
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1828 Sm.8, Lg. Lets - O.122 R.3 PCGS MS 60
A VERY old friend. I sold this coin to Richard Pugh back in 1986. Richard submitted it to a newly formed grading service – PCGS. It was returned in a first-generation holder, graded MS 60. At the May-June 1992 Superior Galleries’ Jack Adams Sale (including the Pugh collection) I bought the coin for the account of John Crowley. Keith Davignon picked it off at the 2001 ANA Convention where I offered coins from the Crowley collection. Keith had the coin reholdered sometime thereafter. (First generation PCGS holders are called “rattlers” for a reason.) I enjoyed Keith’s candid remarks, scribbled on his consignment sheet: We only wish that all of our MS 60’s looked like this! The coin is sharply struck, though a later die state, displaying crumbling at the rim between stars 5 and 6 and a feathery die break from star 2 to the bust. Unbroken luster, obverse and reverse. The obverse fields are slightly busy; the reverse is immaculate, supporting a choice to select uncirculated designation. Est. $1,300 to $1,700.