The June 2-5, 2002, Pre-Long Beach Sale, Sale 14
Lot 2034
1800. "LIBEKTY". LM-3,
V-2, R-4. PCGS graded MS-65. One of the very finest known of the
variety, which is quickly identifiable by the open "R" on the obverse, which
resembles an errant "K". The surfaces show a natural steel gray with lustrous
iridescence in the fields. An early die state, hence Liberty's hair is sharp,
the reverse die has the always seen swelling at the top left side of the shield
and above, and on the right wing and cloud. Pristine surfaces, and nearly
impossible to find in any mint state grade, to locate one in full gem might
take a lifetime of searching. One of the highlights of this extensive
collection, and worthy of a record price. Identifiable by a small planchet flaw
from the field near Liberty's forecurl to the eighth star, and we note some
doubling on the peripheral devices. The reverse die was rotated about 30
degrees counterclockwise when this one was struck, and both dies show very
faint clash marks. In PCGS holder #6575381. As to the PCGS Population Report,
it shows 4 as MS-64 below, and just this single coin at the top as MS-65. A
sparkling jewel for the most advanced collection.
Estimated Value
$19,000-UP.
From the Michael Riordan collection.