Fred 2 Book

LOT 583 1851 N-41 R4 NGC graded AU58. Attractive frosty medium brown. Essentially flawless, just lightly worn. LDS, die state c, with a small rim cud break over the E in AMERICA. Our grade is EF45. (The holder is scuffed.) 3601637-002

LOT 584 1851 N-43 R5 AU55. Very attractive glossy medium chocolate and steel with frosty luster covering the fields and protected areas. Sharply struck with smooth, very slightly reflective fields on both sides. There is a light touch of rub on the highpoints and only a few microscopic flaws. A tiny, barely visible rim bruise at star 11 is the best identifying mark. EDS, the earliest die state seen. All the fine die lines are sharp including the ones from the dentils at either side of the date.

Ex Heritage Auctions #131306, 2/2013: 24006-Doug Durasoff, McCawley & Grellman Auctions/Goldbergs 1/25/2015:799-Fred H. Borcherdt Collection (includes the Goldberg lot ticket)

From the Fred H. Borcherdt Collection

 BEAUTIFUL RED & BROWN N-43

LOT 585 1851 N-43 R5 PCGS graded MS64 Red & Brown. Lustrous mint red mellowing to steel brown on the devices, about 40% of the mint red remaining, mostly on the obverse. Sharply struck with great eye appeal, essentially flawless. The best identifying mark is a microscopic planchet flake (as struck) near the dentils under the left side of the 8. E-MDS, die state a. The short points down to the left from the neck are clear and the point up to the left from the top of the E in CENT is long and sharp. A superior example of this rare die variety. Our grade is MS64, tied for CC#4 in the Grellman census behind a few marginally finer pieces. The attribution and Iskra Collection provenance are noted on the PCGS label. 406785.64/81161843 Ex Dorothy Gershenson, McCawley & Grellman Auctions 1/1996:599-J. R. Frankenfield, McCawley & Grellman Auctions/Superior 2/17/2001:1681-J. R. “Bob” Grellman, Jr. Collection 2/1/2012-Fred Iskra Collection, McCawley & Grellman Auctions/Goldbergs 9/4/2016:274 Fred H. Borcherdt Collection (includes the Iskra lot ticket)

33 Photos of all lots can be found at www.earlycentsauctions.com