Fred Borcherdts ANA Sale

EARLY CENTS AUCTIONS



LOT 325 1803 S-260 R1 Small Date, Large Fraction EF40 . Very attractive glossy medium brown and light chocolate with lighter brown and tan covering the fields and protected areas on the reverse. Smooth and essentially flawless except for a reddish area along the front edge of the neck, and there is microscopic roughness in that area. LDS, Breen state IV late, with a narrow (and barely visible) rim cud at S-OF. Graded EF40 net VF35 and tied for CC#20 in the Noyes census, his photo #25962. 

From the Fred H. Borcherdt Collection

CHOICE S-261 EX MICKEY ARCONTI

LOT 326 1803 S-261 R2 Small Date, Large Fraction, PCGS graded AU55 . Choice glossy tan and light brown with darker steel brown toning on the highpoints. Nearly flawless with very light wear on the devices and great eye appeal. A thin nick near the dentils off the chin is the only notable mark. Sharply struck E-MDS, Breen state II, with lumps on the neck from die flaking, a crack up between the 8 & 0, and fine die clashmarks on both sides. Struck with the obverse die slightly misaligned to K-3. Graded EF40 net VF35 and tied for CC#9 in the Noyes census. It’s better than that. Our grade is EF45. 36407.55/61468287

Ex Bowers & Merena 3/1998:193 (as PCGS AU50)-Douglas F. Bird 1998-Michael Arconti-Denis W. Loring-Thomas D. Reynolds-Fred H. Borcherdt Collection

Thursday, August 27 th , 2026 5PM EST

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