Fred Borcherdts ANA Sale

EARLY CENTS AUCTIONS

LOT 296 1802 S-234 R3 PCGS AU Detail, Environmental Damage . Mostly glossy mix of light brown and tan, medium olive brown, and splashes of darker olive brown. The surfaces are smooth except for traces of extremely fine roughness in the darkly toned areas. Traces of verdigris can be found in many of the protected areas. A sharp cent, just not perfect. MDS, Breen state IV late, with a rim cud at the B in LIBERTY but no crumbling on the leaf below CA. Graded EF40 net VF30 and CC#9 in the Bland census. Noyes says VF35 net VF20 and tied for CC#16, his photo #25710. Our grade is net VF25. 36311.97/56549989

Ex Jonathan Kern 5/1984-Fred H. Borcherdt Collection

CONDITION CENSUS S-235 EX SHELDON-CLAPP

LOT 297 1802 S-235 R3 PCGS graded MS62 Brown, CAC Approved . The obverse is a very attractive lustrous light to medium steel brown and tan with underlying very faded mint red peeking through in protected areas. The reverse is a more subdued frosty light olive and steel brown with sea-green overtones and lighter brown and tan in protected areas. The highpoints are free of rub and the only marks are a few small planchet chips on the bust and very light abrasions at the top of the wreath. M-LDS, Breen state V, with a strong rim cud break at RTY. The bust tip and the opposing area around OF are softly struck (as usual in this die state), but everything else is nicely detailed. The fine hair details near the forehead and face are especially sharp. Graded AU55 and CC#3 in the Noyes census, his photo #39966. Bland says AU55 and tied for CC#3. Our grade is AU58+ , very close to MS60. A great cent with a complicated but impressive provenance. 36314.62/32982299 Ex John P. Lyman, S. H. Chapman 11/1913:422-Henry Chapman 6/1914:1813-Henry C. Hines-Dr. William H. Sheldon 1945-George H. Clapp ANS-transferred from the ANS to R. E. “Ted” Naftzger, Jr., 1/26/2001 as part of the settlement for cents apparently switched out by Dr. Sheldon (via William C. Noyes 5/20/2003)-Thomas D. Reynolds Collection, McCawley & Grellman Auctions/ Goldbergs 1/31/2016:265-Fred H. Borcherdt Collection

Thursday, August 27 th , 2026 5PM EST

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