EAC 2026 Reg

 RARE TERMINAL STATE S-247

LOT 390 1803 S-247 R-3 VG10 . Slightly sharper but there are a few contact marks including a small rim bruise over the B and a dull nick under the adjacent I in LIBERTY. Glossy light olive brown and chocolate with smooth surfaces and nice eye appeal for the grade. Extremely rare TDS, Breen state III, with a die crack at UNITE, and the crack over the U is strong. Graded F12 net VG10 and tied for finest of only three known in this die state, his photo #26128. This is the discovery coin for the die state as mentioned in the Breen encyclopedia for state III. 

Ex Dean Johnson 6/1977-Fred H. Borcherdt Collection

 FINEST TERMINAL S-248

LOT 391 1803 S-248 R-4 G6+ . Slightly sharper but covered with fine roughness under rather glossy dark steel and olive brown with lighter steel on the highpoints. No marks or notable evidence of verdigris, and the reverse has the sharpness of at least VG10. The date and legends are complete and clear. Extremely rare TDS, Breen state III, with a strong die crack through the tops of MERI and a radial crack to the rim from the junction of the E & R. The area outlined by the crack is slightly sunken indicating this has become a retained cud. Graded VG8 net G6 and finest of the terminal die state in the Noyes census, his photo #32609. 

From the Fred H. Borcherdt Collection

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