Fred Borcherdts ANA Sale

EARLY CENTS AUCTIONS

CONDITION CENSUS S-221 CORRECTED DENOMINATOR

LOT 281 1801 S-221 R2 Corrected denominator 100 over 000, PCGS graded AU55 . Choice glossy chocolate brown and steel. Sharp and smooth with just a light touch of wear on the devices. The only “defect” is a bit of dirt in protected areas around the wreath. Sharply struck MDS, Breen state III, with a narrow but clearly defined rim break at F-A. The Corrected Denominator feature is strong. Graded AU50 net EF45 and tied for CC#4 in the Noyes census, his photo #26109. Our grade is EF45+ . 36284.55/61275967

Ex James R. McGuigan-Fred H. Borcherdt Collection

Thursday, August 27 th , 2026 5PM EST

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