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Sheridan Downey Numismatist - Coins

Mail Bid Auction 45

Auction ended on August 2, 2017

Lot Number 48


Click coin to enlarge

1836 Let. Edge -  O.111 R.3 PCGS MS 60


Ex Richard Pugh.  A beautifully toned coin with radiant luster.  A halo of electric blue and iridescent gold circles the deep rose centers.  The surfaces are impeccable save for 2 or 3 tiny marks near the portrait.  Why only MS 60?  Twenty-five years ago the coin was in a first generation PCGS “rattler,” graded MS 60.  Years later, when it began to spin inside the capsule, the owner had it reholdered, but did not ask for the coin to be regraded.  Richard Pugh purchased the coin raw in 1986.  He had the coin slabbed and felt satisfied with “MS 60.”  When Superior Galleries sold his collection in June 1992 I purchased the coin on behalf of a now deceased collector.  The coin again came my way in 2011.  Davignon bought it during the ANA Convention in Aug. of that year.  The Superior auction tag for lot 1587 accompanies.  Est. $1,250 to $1,750.

Auction Ended

High Bid Maximum Bid Total Price
$2,200
Reserve met
$2,250 $2,420

Sheridan Downey, Numismatist
4400 Keller Ave., Suite 140, PMB 398
Oakland, California 94605
sdowney3@aol.com
(510) 479-1585

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