1C 1848 PCGS MS66BN N-41 NAFTZGER

The quality and price just do not add up. We think this should easily be worth $5,000.00 plus. Remember, this is a 163 year old Copper cent in near perfect condition!

We’re going to borrow the Goldberg’s description:

Frosty bluish steel and light olive brown with 25% of the slightly faded mint color showing on both sides. (Seems like this cent deserves a “Red & Brown” designation from the folks at PCGS.) The surfaces are lustrous and the mint frost is unbroken. Great eye appeal. There are some small spots of lighter toning around star 9, and the only defect is a small spot of darker toning over the T in UNITED. Nicely struck E-MDS, die state b, with crumbling in the notch between the two loops on the left side of the second 8 in the date. Ted’s envelope is covered with his handwritten notes documenting his confusion regarding the proper attribution of this cent. It came to him as N-9, but he determined the dies were different, and he was correct. Ted really studied these cents, and his observations were usually on target.

We’ll add the eye appeal is beautiful and yes, it could have been graded RB!

PCGS 4, NGC 12, CAC 1. In the Naftzger Sale, this coin was lot 894 where it brought $2,645.00. A sum that seems like a real steal!

WE HAVE POSTED THIS COIN AT OUR BEST PRICE!