^Lot 121 1838 N-14 R4 PCGS graded AU50

1838 N-14 R4 PCGS graded AU50Frosty dark olive and steel with lighter steel brown toning on the highpoints. There is a collection of microscopic contact marks in the field before the nose, a tiny splash of silvery toning on the left side of star 11, and a nick in the dentils off the end of the wreath stem. Very rare M-LDS, die state b late, with a rim cud break from over star 7 nearly to star 8, a precursor to the famous full cud break that follows soon after. Called EF45 and CC#8 overall in the Noyes census but finest known of the die state by 30 points, his photo #36921. Our grade is EF45.Certificate Number: 37216.50/13093945Pedigree: Ex Douglas F. Bird 5/1996-R. E. "Ted" Naftzger, Jr.-Naftzger Estate, McCawley & Grellman Auctions/Goldbergs 2/1/2009:433-Chris McCawley 2012-Terry S. Denman Collection