TNA HOF Collection Pt 1

EARLY CENTS AUCTIONS www.earlycentsauctions.com | info@earlycentsauctions.com P.O. BOX 41000, Austin, TX 78704 Lucas Baldridge, Texas Auctioneer Lic#18106

EARLY CENTS AUCTIONS Includes the following: Chris McCawley - EAC member #1394 Consignments and Expert Direction Bob Grellman - EAC member #575 Grading, Cataloger

Lyle Engleson - EAC member #6888 Photography, Catalog Design, Support

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Travis Hollon - EAC member #6329 Shipping and Support

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THE OFFICIAL AUCTION OF THE TEXAS NUMISMATIC ASSOCIATION

Saturday, May 31 th , 2025 5:00PM CST

THE TEXAS NUMISMATIC ASSOCIATION Lone Star Convention Center 9055 Airport Dr. Conroe, TX.

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Will be held at our booth Friday, May 30 th through Saturday, May 31 st

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During Show hours or by appointment

Chris McCawley 405-226-5072 cmccawley@aol.com Lucas Baldridge 972-310-9497 friscomint@live.com

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EARLY CENTS AUCTIONS www.earlycentsauctions.com | info@earlycentsauctions.com P.O. BOX 41000, Austin, TX 78704 Lucas Baldridge, Texas Auctioneer Lic#18106 © 2025 EarlyCentsAuctions

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THE OFFICIAL AUCTION OF THE TEXAS NUMISMATIC ASSOCIATION

Lone Star Convention Center 9055 Airport Dr. Conroe, TX.

Saturday, May 31 st , 2025 5:00PM CST

LARGE CENTS Lots 1001-1307, pg. 6-96

20% Buyers Premium (if paying by PayPal an additional 4% will be added to hammer)

Fred Borcherdt’s collection is called “The Hall of Fame Collection” for two reasons: first because he is in The Drag Racing Hall of Fame, and second because the coin collection he built is worthy of Large Cents Hall of Fame status. Fred set drag racing records and won national championships in a highly competitive sport. He earned a sponsorship from the Pontiac Motor Division during the “Muscle Car” era of the 60’s and 70’s because he found ways to improve the performance of their engines and drive trains beyond what the finest Pontiac engineers were able to achieve. As a result he was able to win championships racing Pontiac cars, and that brought added prestige to the Pontiac stable of high-performance vehicles. Because of his performance as a car builder and race driver he was enshrined into the Drag Racing Hall of Fame in 1972. Fred’s coin collection also qualifies for a Large Cents Hall of Fame (although none exists today, at least not officially) because he assembled a collection of superior quality and depth. The collection was built quietly and privately over many decades. Many if not most of his coins will be new to the marketplace. They came from private sources and have never been sold at auction, appeared in a dealer’s show case, or been offered on a fixed price list. Some are the finest known of the variety and others are extremely rare die states. But there is something for everyone with lower grade “backup” coins of most varieties in affordable grades. The extent of the collection is astounding. And the overall quality of the first line collection is breathtaking. You can’t look at everything in one day. We have tried—and failed miserably. Large Cents are the focus of his collection, but there is more. You will find superior examples of small cents, nickels, dimes, quarters, and half dollars. An ORIGINAL mint roll of 1909 VDB cents is included, all gem lustrous BU. The surprises just keep coming. So get ready for something special. Cataloging the entire collection will take some time. Your area of interest will become available soon. Please be patient. We are confident you will find coins that will fit your collecting objectives. So get ready for a real treat—even if all you do is look.

This first offering of “The Hall of Fame Collection” focuses on the cents of 1840-1849. Enjoy.

EARLY CENTS AUCTIONS www. earlycentsauctions .com | info@ earlycentsauctions .com P.O. BOX 41000, Austin, TX 78704 Lucas Baldridge Texas Auctioneer Lic#18106

LARGE CENTS



LOT 1001 1840 N-1 R1 Small Date, Repunched 8 PCGS graded MS63 Brown. Lustrous light to medium steel brown and light chocolate. Satiny mint frost covers this cent and the eye appeal is excellent. The only marks are a tiny tick in the field near the tip of the nose and a few specks of darker toning under star 10. E-MDS, die state a late. The fields are lightly flowlined and the repunching at the base of the 8 is dull but visible. Our grade is MS60, tied for CC#6 honors in the Grellman census. The attribution and Iskra Collection provenance are noted on the PCGS label. 395818.63/81078194

LOT 1002 1840 N-1 R1 Small Date, Repunched 8 AU50. Glossy golden light olive with frosty luster in the fields and protected areas. Trivial marks and very light friction on the devices. A fine planchet lamination at the end of the wreath ribbon is a good identifying mark (as struck). LDS, die state b. The repunching at the bottom of the 8 is gone. 

Ex Fred H. Borcherdt Collection

Ex Dean Rodina, McCawley & Grellman Auctions 9/13/1997:255-Thomas D. Reynolds-Chris McCawley McCawley & Grellman Auctions/Goldbergs 2/2013:510-Fred Iskra Collection, McCawley & Grellman Auctions/Goldbergs 9/4/2016:1-Fred H. Borcherdt Collection

LUSTROUS N-2 SMALL 18 OVER LARGE 18

\ LOT 1003 1840 N-2 R2 Small Date, Small 18 over Large 18 MS62. Lustrous light steel brown and tan with subtle hints of light bluish steel overtone. Generous traces of mint red show on both sides and this cent has great eye appeal. The only notable marks are two very tiny specks of carbon at the upper right point of star 2 and a microscopic planchet chip at the left end of the eyebrow. EDS, die state a. The repunching on the 18 is sharp and there are no rim cuds. A really nice example of this “Redbook” variety. CC#8 in the Grellman census.

Ex Fred H. Borcherdt Collection

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

EARLY CENTS AUCTIONS

LOT 1007 1840 N-5 R1 Large Date, Repunched 0 AU55+. Lustrous medium brown and light chocolate with darker steel brown on the highpoints. Satiny with just a light touch of friction on the highest points of the devices. A tiny speck of darker toning just right of the main curl is the only notable mark. LDS, die state c. The repunching at the left top of the 0 is barely visible and there are several narrow rim cud breaks along the lower part of the obverse. 

LOT 1004 1840 N-3 R1 Small Date AU58+. Glossy light to medium brown with frosty luster in the fields and protected areas. Smooth with just a couple tiny marks and a hint of rub on the highest points of the devices. A small nick close over the inner part of the hair bun is the best identifying mark. E-MDS, die state b. The obverse is cracked but the small lumps (hub defects) under the date are clear. 

Ex Tom Hart (who discovered this cent on eBay) 2/2010-Fred H. Borcherdt Collection

French’s-Fred H. Borcherdt Collection (includes the French’s sales envelope)

LOT 1008 1840 N-6 R1 Large Date, Repunched 40 MS60. Glossy light olive with generous traces of mellowed mint red showing on both sides, particularly on the reverse. The surfaces are lustrous and this cent has really nice eye appeal. A spot of darker brown toning over the tip of the wreath stem is the best identifying mark on this very attractive cent. Nearly qualifies as a “greenie.” E-MDS, die state b. The earlier arc lines over UNIT and ERIC are gone but the repunching on the 40 is clear, especially inside the right half of the 0. There are three tiny rim cuds at star 13. 

LOT 1005 1840 N-4 R3- Small Date AU50. Glossy mix of light to medium brown and chocolate with frost in protected areas. Very light wear on the highpoints and just a few trivial marks including a small nick under the right point of star 4 and a tiny rim nick at star 11. MDS, die state b. The lumps (hub defects) under the date are strong and all the obverse rim cuds described in the Grellman reference are clear. Called an overdate 40 over 39 decades ago because of the hub defects, but there is no overdate. Struck with the reverse rotated 20 degrees CCW relative to the normal head-to-foot die orientation. 

Ex Fred H. Borcherdt Collection

Ex James L. Corrado 11/1979-Fred H. Borcherdt Collection

LOT 1009 1840 N-7 R3 Large Date EF45. Ten points sharper but there is a shallow planchet void in the field left of star 11, another smaller one on the cheek, and a third in the field off the chin (all as struck). Otherwise just a few light contact marks including a fine vertical scratch from the planchet void right of the main curl down to the right point of star 13. Glossy medium brown and light chocolate. Very rare EDS, die state a, with fine diagonal lines from the lower junction of the hair buns. The very fine diagonal lines from the dentils over ES in STATES are sharp. A nice cent in spite of the small planchet flaws. 

LOT 1006 1840 N-5 R1 Large Date, Repunched 0 EF45+. Glossy olive brown and chocolate with slightly lighter reddish brown in protected areas on the right side of the reverse. Frost covers the protected areas. Light wear with a few minor marks including a small planchet flake under star 8 and a small vertical nick under star 5. MDS, die state b. The repunching at the left top of the 0 is dull but visible and the fine die lines over RICA are gone. 

Ex Fred H. Borcherdt Collection

Ex Fred H. Borcherdt Collection

Saturday, May 31 st , 2025 5PM CST

7

LOT 1010 1840 N-8 R1 Large Date EF40. Frosty light steel brown with slightly darker brown on the highpoints. Smooth with light wear. The only significant mark is a minor rim bruise at star 3. M-LDS, die state c. The short point from the throat is gone but there are no rim cuds on the obverse. 

LOT 1013 1840 N-10/11 R2 Large Date VF30. At least 5 points sharper but there is a planchet lamination flake under the 84 and some very light scratches inside the wreath. Traces of glue or wax can be found in protected areas on the reverse. Glossy medium chocolate brown with traces of frosty mint color on the reverse where glue protected the coin. E-MDS, die state b. The point of the curl over the date is blunt and the die lines over MERIC are gone. This is N-10. 

Ex Fred H. Borcherdt Collection

Ex PHJ 3/25/1936-Fred Clymer-Fred H. Borcherdt Collection

LOT 1011 1840 N-8 R1 Large Date AU58. A sharp, attractive cent with no wear and great eye appeal, but it was cleaned and recolored long ago. Looks choice and the toning is really nice, quite deceptive. A speck of carbon on the end of a dentil left of star 1 and a small spot of darker toning (not carbon) over the E in CENT are the notable marks. LDS, die state d, with many rim cud breaks on the obverse. 

LOT 1014 1840 N-10/11 R2 Large Date EF45+. Choice glossy light brown with slightly darker brown on the highpoints. Mint frost shows in protected areas. Essentially flawless with light wear on the devices and great eye appeal. A tiny tick on the rim over the first S in STATES is the best identifying mark. LDS, die state d. The point of the curl over the date is sharp and there are rim cuds at star 9 down nearly to star 10 (Newcomb’s old #11). 

Ex Tom Hart 2/24/2010-Fred H. Borcherdt Collection

Ex George Ramont 3/1977-Fred H. Borcherdt Collection (includes the Ramont collection envelope)

LOT 1012 1840 N-9 R3 Large Date VF35. Frosty tan and light brown with slightly darker toning on the highpoints. Would grade at least 5 points better but there is a lightly burnished spot between the end of the wreath ribbon and the U. LDS, die state e, with a strong bisecting die crack across the obverse. 

LOT 1015 1840 N-12/13 R2 Small Date EF40. At least five points sharper but there is a planchet lamination at the dentils and rim over MER (as struck). Otherwise smooth with light wear on the devices and attractive glossy light olive and medium brown toning. EDS, die state a. The lump under the 1 is sharp. 

Ex Bebee’s-Thomas D. Reynolds-James L. Corrado 2/28/1984 Fred H. Borcherdt Collection (includes the Corrado collection envelope)

Ex John G. Fettinger-Fred H. Borcherdt Collection

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

EARLY CENTS AUCTIONS

ROTATED REVERSE

LOT 1016 1840 N-12/13 R2 Small Date F15. Slightly sharper with a few too many light contact marks for the higher grade. Glossy light to medium brown. Minor marks including a speck of verdigris in the leaves under the second S in STATES. EDS, die state a. What makes this cent special is that the reverse is rotated 95 degrees clockwise. This is the first example of the variety seen by Grellman that has a clockwise rotation. All others of the variety seen with a rotated reverse were in the CCW direction from 80 to 170 degrees. The vast majority of the variety have a normally orientated reverse.

Ex Fred H. Borcherdt Collection

EQUAL SECOND FINEST

LOT 1017 1840 N-12/13 R2 Small Date MS60+. Lustrous light steel brown with traces of mint red on both sides, especially on the reverse. Sharp and satiny with very nice eye appeal. Just a few small marks including a pair of very light nicks over star 1, another right of star 4, and a microscopic chip on the chin. M-LDS, die state b. The lump under the 1 is gone (Newcomb’s #13). A very nice cent, tied for CC#2 of the variety in the Grellman census. 

Ex Fred H. Borcherdt Collection

Saturday, May 31 st , 2025 5PM CST

9

LOT 1018 1841 N-2 R2 MS60. Uniform glossy medium chocolate brown. Smooth and very attractive. No spots and only microscopic contact marks. This cent has superior eye appeal but the toning may not be original. M-LDS, die state b. The earlier lumps under the date (hub defects) are gone. The dies were freshly lapped (removing those hub defects) and the fields on both sides are smooth and slightly reflective. This cent has the eye appeal of a significantly higher grade. 

LOT 1019 1841 N-3 R2 EF40+. Five points sharper with some small scratches and ticks between stars 3 & 4. Otherwise choice with smooth surfaces and attractive brown and chocolate toning that is delicately woodgrained. EDS+, die state b, with a fine die crack through the bottom of the date and clear lines over the N in UNITED and MERICA. 

Ex J. R. Frankenfield-Fred H. Borcherdt Collection

Ex James L. Corrado 4/13/1986-Fred H. Borcherdt Collection (includes the Corrado collection envelope)

LOT 1020 1841 N-3 R2 EF45. Glossy light olive and darker steel brown. Lightly worn with frost in protected areas. A small planchet flake under star 4 and another just right of the main curl are the only notable defects. LDS, die state d. The die cracks on both sides are clear and the die lines over MERICA are gone. 

Ex George Ramont-Fred H. Borcherdt Collection (includes the Ramont collection envelope)  SECOND FINEST 1841 N-4

LOT 1021 1841 N-4 R1 NGC graded MS66 Brown, CAC Approved. Highly lustrous

bluish steel brown and olive with faded mint red in the protected areas on both sides, especially on the reverse. No spots or stains, and the only notable marks are a barely visible hairline scratch over star 13, another even lighter hairline right of the inner curl, and a microscopic planchet chip in front of the coronet. Nicely struck showing near ly complete radial lines in all the stars. A beautiful cent. M-LDS, die state c, with a narrow rim cud break below the date (difficult to see in the holder). The short die lines up from the dentils under the 4 are dull but still visible while the die lines over EN in CENT are clear. Our grade is MS63+, CC#2 of the variety in the Grellman census. 293052-001 Ex Stack’s/American Numismatic Rarities 6/23/2004:2236-Kenneth Goodman, McCawley & Grellman Auctions/Goldbergs 1/2014:819-Fred H. Borcherdt Collection (includes the Goldberg lot ticket)

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

EARLY CENTS AUCTIONS

LOT 1022 1841 N-5 R3- EF45. Glossy golden tan and steel brown. Frosty flowline luster shows in the fields and protected areas, especially on the reverse. Just trivial marks including a light diagonal nick right of star 5 and a speck of carbon over the N in CENT. LDS, die state d, with die cracks on both sides. A tiny but clearly defined rim cud shows over TE in UNITED, a previously unreported cud break. 

LOT 1024 1841 N-7 R2 AU55. Very close to mint state and it has mint state eye appeal, but the toning may not be original. Frosty light olive and tan with subtle hints of light bluish steel overtone. Sharp and satiny with very nice eye appeal and virtually no marks. A shallow low spot left of the O in ONE and a small chip out of the rim below the end of the wreath ribbon are the notable marks, both as struck. Nicely struck E-MDS, die state a. The early die lines on both sides are clear as are the lumps (hub defects) under the date. 

Ex James L. Corrado-Fred H. Borcherdt Collection (includes the Corrado collection envelope)

Ex Fred H. Borcherdt Collection (acquired 12/17/1970)

LOT 1023 1841 N-6 R1 MS60. Glossy light olive and steel brown with about 10% of the mint red remaining, mostly on the reverse. There are small contact marks scattered over the obverse, none distracting but too many to ignore on a mint state cent. A thin vertical nick under the left point of star 10 can help identify this cent. E-MDS, die state b early. The fields are lightly flowlined, and the die lines from the dentils over TE in STATES and ER in AMERICA are weak but still visible. 

 MOSTLY RED 1841 N-7

LOT 1025 1841 N-7 R2 PCGS graded MS63 Red & Brown, CAC Approved. Frosty mint red faded to steel brown on the highpoints with at least two thirds of the red showing, mostly on the reverse. No spots or stains, but this cent is covered with tiny contact marks, none distracting but far too many to ignore. Essentially this is a “baggy” mint state cent that looks like a mostly red gem to the unaided eye. The best identifying mark is a tiny spot of dark steel toning touching the wreath under the left edge of the E in CENT, and it is barely visible. Rare LDS, die state c late, with a clear die crack from the dentils below star 1 reaching almost to the throat. Called MS63 and tied for CC#2 in the Noyes census, his photo #30925. Our grade is AU58, not in the overall condition census but tied for CC#2 of very few known in the late die state (c). The attribution and Naftzger Collection provenance are noted on the PCGS label. 405810.63/18900029

Ex Fred H. Borcherdt Collection

Ex M. H. Bolender 11/1938:303-Willard C. Blaisdell date set 9/1976 (via Del N. Bland)-R. E. “Ted” Naftzger, Jr.-Naftzger Estate, McCawley & Grellman Auctions/ Goldbergs 9/7/2009:632-Tatum, Stack’s Bowers 2018 ANA Sale, lot 370-Fred H. Borcherdt Collection (includes the Blaisdell and Naftzger collection envelope and the last lot ticket)

Saturday, May 31 st , 2025 5PM CST

11

LOT 1029 1842 N-3 R2 Large Date AU55. Frosty tan and light brown with slightly darker steel brown on the highpoints. Generous traces of mint red remain, especially on the reverse, and the fields are lustrous. Looks mint state but there is a trace of friction on the very highest points of the devices. There are some light contact marks, mostly on the obverse, including a diagonal nick on the neck and a few nicks on the jawline. Rare EDS+, die state a. There are microscopic radial die flowlines in the fields but the fine die line through the U in UNITED is clear. 

LOT 1026 1842 N-1 R3 Small Date AU55. Lustrous light olive with delicate overtones of sea green. Satiny and attractive but there are some contact marks on the obverse including a nick right of the main curl, another at the bottom of the neck, and a vertical one on the chin. The reverse is free of any notable marks and is choice. E-MDS, die state b early. The lumps (hub defects) under the date are dull but clearly visible; the earlier die line at ITED is gone. A nice example of the “tougher” of the two 1842 Small Date varieties 

Ex Fred H. Borcherdt Collection

Ex Fred H. Borcherdt Collection

LOT 1030 1842 N-4 R2+ Large Date MS60. Glossy medium brown delicately woodgrained with frosty lighter brown. There is a small, very thin nick in the field over the outer hair bun and a small spot of darker toning (not carbon) at the dentils under the wreath ribbon. M-LDS, die state c. The point from the neck is nearly gone, only the barest hint of a nub remaining. Tied for CC#7 in the Grellman census. 

LOT 1027 1842 N-2 R1 Small Date, PCGS graded MS62 Brown. Lustrous light olive and bluish steel brown with faded mint color in protected areas on the obverse. Satiny mint frost covers this cent and the eye appeal is excellent. The only marks, and they are quite faint, are a few barely visible hairlines on the cheek and neck plus two tiny specks of darker toning right of star 4. MDS die state b. The hub defects under the date are weak but visible and the die lines from the dentils over ERI in AMERICA are gone. Our grade is MS60. The attribution and Iskra Collection provenance are noted on the PCGS label. 405815.62/81078202

Ex McCawley & Grellman Auctions 8/17/1996:429-R. S. “Robbie” Brown, Jr., McCawley & Grellman Auctions/Superior 6/2/2002:91-Daniel W. Holmes, Jr., McCawley & Grellman Auctions/Goldbergs 1/30/2011:36-Fred H. Borcherdt Collection (includes the Holmes collection envelope)

Ex Becker & Kuenhert 4/1991-J. R. “Bob” Grellman, Jr. Collection-R. S. “Robbie” Brown, Jr., McCawley & Grellman Auctions/Superior 6/2/2002:82-William D. Simonson 5/5/2009 Fred Iskra Collection, McCawley & Grellman Auctions/ Goldbergs 9/4/2016:21-Fred H. Borcherdt Collection

LOT 1031 1842 N-5 R3+ Large Date AU50. Glossy medium brown with mint frost covering the protected areas on both sides. Hints of very faded mint color show in a few places. Sharp and attractive with just a touch of friction on the devices and minor contact marks. A small nick under the lower right point of star 2 can help identify this cent. E-MDS, die state a, with all the lines and points described by Grellman. The top of the misplaced 4 is clearly visible in the dentils below the left side of the normal 4. 

LOT 1028 1842 N-2 R1 Small Date EF45+. Beautiful glossy medium chocolate brown and olive. A choice cent with great eye appeal and very little wear. Just a couple microscopic ticks on the cheek from flawless. LDS, die state d, with narrow rim cuds from the date to left of star 1. 

Ex George Ramont 3/1977-Fred H. Borcherdt Collection (includes the Ramont collection envelope)

Ex Hance Jaquett 11/1982-Fred H. Borcherdt Collection

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

EARLY CENTS AUCTIONS

CONDITION CENSUS 1842 N-6

LOT 1032 1842 N-6 R1 Large Date MS63. Lustrous light olive and steel brown with 15% of the planchet showing mellowed mint red. Sharp and satiny with great eye appeal and nearly flawless surfaces. A very tiny tick right of the nostril and an even smaller tick on the edge off the end of the wreath ribbon are the only marks, and they are invisible to the unaided eye. EDS+, die state a. Both of the lumps on the obverse are clear as well as the fine die lines at NITE. Tied for CC#3 of the variety in the Grellman census.

Ex Barney Bluestone 6/28/1947:1833-Dr. Kenneth J. Sartoris-Del N. Bland-Fred H. Borcherdt Collection (includes the Bland envelope where he graded it MS65)

LOT 1033 1842 N-6 R1 Large Date AU58. Lustrous light brown with subtle overtones of light steel brown on the reverse. A puff of slightly lighter brown under ITE and a light rim nick right of star 8 are the only notable marks. Looks mint state but there is a hint of rub on the very highest points of the devices. M-LDS, die state c. The earlier lumps on the obverse are gone but the small lump right of the E in ONE has not formed. 

LOT 1035 1842 N-8 R1 Large Date EF40. Sharpness close to mint state with some marks including a collection of tiny digs over star 3, a couple light scratches on the cheek, a scrape on the chin, a nick on the jawline, and some shallow digs between the O & N in ONE. Lightly cleaned and retoned frosty light olive with lighter reddish steel brown in protected areas on the reverse. EDS, die state a. The myriad die lines around ONE CENT are sharp. 

Ex George Ramont 9/1976-Fred H. Borcherdt Collection (includes the Ramont collection envelope)

Ex Fred H. Borcherdt Collection

LOT 1034 1842 N-7 R3+ Large Date AU50+. Glossy golden light olive with mint frost in protected areas. The fields are smooth and hard, slightly reflective thanks to new dies. Just light friction and trivial marks including a minor spot of darker toning at the dentils left of the date. EDS, die state a. The lines and points at ME are sharp. A great die state with very sharp dentils all the way around both sides. 

LOT 1036 1842 N-8 R1 Large Date MS60. Frosty light steel brown. Satiny and very attractive with underlying lighter steel brown faded down from mint color on the reverse. A diagonal nick or pre-striking planchet void on the jawline is the only notable mark. MDS, die state b. The earlier die lines around ONE CENT are gone, but the strong point up from the right top of the N in CENT is clear. Removed from a PCGS holder graded MS63BN (PCGS label #405824.63/16210047 included, and it shows the attribution). 

Ex Hance Jaquett 11/1982-Fred H. Borcherdt Collection

Ex McCawley & Grellman Auctions 7/31/1993:33-Evan L. Kopald-Chris McCawley 2010 FPL-Fred H. Borcherdt Collection

Saturday, May 31 st , 2025 5PM CST

13

LOT 1040 1843 N-2/7 R1 Petite Head, PCGS graded MS63 Brown. Glossy light olive and chocolate with traces of frosty golden tan and lighter steel brown in protected areas. No spots or stains. The only notable mark is a small, barely visible rim bruise over the M in AMERICA. E-MDS die state a, with a clearly defined rim cud break over UN in UNITED. The rim cud is especially bold on this example. In addition there is a tiny but clearly defined rim cud over the junction between the N and I. You rarely see both cuds this clearly. Our grade is MS60. The attribution and Fricke Color Collection provenance are noted on the PCGS label. 405836.63/81723464

LOT 1037 1842 N-9 R2+ Large Date AU55. Lustrous light steel brown. A very attractive cent with just a hint of friction on the highpoints. The only marks are a tiny tick right of the upper lip and a small planchet flake in the dentils over the I in UNITED (as struck). EDS, die state a. The early die lines on both sides are sharp. 

Ex Douglas F. Bird-Pierre Fricke, McCawley & Grellman Auctions/ Goldbergs 2/12/2017:416-Fred H. Borcherdt Collection

Ex Fred H. Borcherdt Collection

LOT 1041 1843 N-2/7 R1 Petite Head EF40. Glossy medium brown and light chocolate with slightly darker chocolate at the dentils over star 7. Smooth with trivial contact marks. M-LDS, die state b late, with a rim cud break over UN. The earlier die line along the base of the N in ONE is now a short spur. 

LOT 1038 1842 N-9 R2+ Large Date AU50. Very close to mint state but expertly retoned frosty medium brown. Looks mint state and there are no notable marks other than light smoothing around the edge where there is some golden toning. MDS, die state b. The earlier fine die lines over ER in AMERICA are gone. 

Ex Fred H. Borcherdt Collection

Ex Fred H. Borcherdt Collection

LOT 1042 1843 N-2/7 R1 Petite Head EF45. Ten points sharper with barely visible hairline scratches in the field before the portrait. Lustrous chocolate and darker steel brown with hints of reddish chocolate on both sides, especially around stars 2-5 where there are faint traces of very light verdigris. The reverse is satiny and quite attractive. LDS, die state c. The spur from the bottom of the N in ONE is gone (Newcomb’s #7). The rim break at UN is not visible. 

LOT 1039 1843 N-2/7 R1 Petite Head EF45+. Frosty light to medium brown and light olive. Light wear on the devices and just a few minor contact marks including a nick in the dentils at star 3 and another under the right point of star 6. A trace of verdigris tucked tightly around the leaf under ST is the only other defect. EDS+, die state a. The lump (hub defect) under the right foot of the 1 is sharp. 

Ex Fred H. Borcherdt Collection

Ex Fred H. Borcherdt Collection

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

EARLY CENTS AUCTIONS

LOT 1043 1843 N-3 R3+ Petite Head VF30. At least 5 points sharper with light contact marks scattered over the obverse, mostly along the jawline and over the hair bun. Glossy medium brown and chocolate. MDS, die state b. The die lines over ER are weak but visible and there is a lump on top of the E in CENT. 

LOT 1044 1843 N-4/13 R1 Petite Head, Reverse of 1844 AU50. Glossy light brown delicately mixed with medium chocolate. Sharply detailed with smooth surfaces and just a few small marks. The notable marks are a small rim nick below star 2, a short scratch over star 12, and a tiny rim bruise over the E in STATES. Only the rim bruise is visible to the unaided eye. EDS+, die state a. Most of the die lines from the dentils at star 12 are visible and the lump under the right foot of the 1 is dull but visible. 

Ex Fred H. Borcherdt Collection

Ex Fred H. Borcherdt Collection

PROOFLIKE 1843 N-4

LOT 1045 1843 N-4/13 R1 Petite Head, Reverse of 1844 MS64+. Highly lustrous light bluish steel and olive with underlying mellowed mint color in protected areas on the reverse. A gorgeous cent, nearly flawless. The best identifying marks are a small area of slightly lighter toning on the neck near the curl, a barely visible tick on the end of the chin, and a small nick hidden on the right serif of the second T in STATES. LDS, die state d. The fields are covered with microscopic die polishing lines that removed the earlier die lines and accumulated flowlines, and the die polishing left the fields hard and slightly reflective. This is Newcomb’s #13. A superior example of this popular “Redbook” variety.

Ex Fred H. Borcherdt Collection

Saturday, May 31 st , 2025 5PM CST

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FINEST 1843 N-5 TYPE OF 1844

LOT 1046 1843 N-5 R1 Type of 1844 MS64+. Lustrous mint red mellowing to steel brown with about 45% of the planchet showing mint color. Satiny and virtually flawless. Sharply struck with full radial lines in all the stars and crisp dentils all the way around both sides. The only marks are some tiny ticks in the field right of the main curl, a nick on the edge under star 10, and a rim nick at the bottom of the reverse. Otherwise an unqualified gem cent. This is the finest example of the variety by a small margin in the Grellman census, marginally finer than the best example in the famous Naftzger collection.

Ex Ted Kress 2/25/1991-Fred H. Borcherdt Collection

LOT 1047 1843 N-6 R1 Type of 1844, Repunched 18 AU50. Sharpness very close to mint state but there are some small marks and stains. Frosty steel brown and light chocolate mixed with darker olive brown tones on both sides, darkest at ENT in CENT. The surfaces are satiny and the only notable marks are a light scuff on the bottom of the chin and a fine planchet lamination between stars 1 & 2. The lamination has been lightly abraded to minimize it’s appearance. MDS, die state c, with tiny rim cuds at stars 5 & 13. The repunching at the bottom of the 18 is dull but visible. 

Ex George Ramont 11/1976-Fred H. Borcherdt Collection

LOT 1048 1843 N-8 R3 Petite Head, Repunched 184 MS60+. Lustrous light olive and steel brown with 5-10% of the mint red visible on both sides. Satiny and quite attractive. No spots and the only defects are some shallow low spots on the cheek and neck (as struck), and a light scuff on the edge over star 7. Otherwise choice. MDS, die state b. The earlier die line from the inner curl is gone but the repunching on the 184 remains clear, strongest under the 18. There are no rim cuds on the obverse. Removed from a PCGS holder graded MS63 Brown (PCGS label #1844.63/20798324 included). 

Ex Fred H. Borcherdt Collection

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

EARLY CENTS AUCTIONS

SECOND FINEST 1843 N-9

LOT 1049 1843 N-9 R2+ Petite Head, Repunched 843 MS63. Lustrous light steel brown with mellowed mint red covering 25% of the planchet. The only marks, and they are trivial, are a small planchet flake in the field before the mouth and a spot of darker brown toning (not carbon) nestled against the forelock. LDS, die state c. The earlier lump under the 1 is gone. There are several small but clear rim cud breaks on the obverse. The rim cud over UN is weak, barely visible, but the repunching on 843 is clear. A very nice cent, tied for CC#2 honors in the Grellman census.

Ex Fred H. Borcherdt Collection

LOT 1050 1843 N-9 R2+ Petite Head, Repunched 843 AU50. Glossy light brown with frost in the fields and protected areas. Attractive, just lightly worn on the devices. A small, shallow delamination on star 9 (as struck) is the only notable mark. LDS, die state c. Later than the preceding example; the repunching under 843 is dull and less obvious. Several narrow rim cuds show on the obverse, clearest at stars 1-2. 

LOT 1052 1843 N-11 R2- Petite Head EF45. Slightly sharper but there is a dull nick close over star 9. Otherwise quite nice with attractive glossy light brown toning and excellent eye appeal. E-MDS, die state b. The reverse is uncracked and there is a rectangular depression at the inner curl. 

Ex Fred H. Borcherdt Collection

Ex Fred H. Borcherdt Collection

LOT 1051 1843 N-10 R3 Petite Head AU58. Lustrous mix of tan, medium brown, and darker olive brown. Satiny and attractive with mint state eye appeal, but there is a hint of rub on the highest points of the devices. A speck of carbon nestled between the upper left points of star 11 is the only significant defect. LDS, die state b, with flowlined fields and two very tiny lumps under the N in CENT. CC#7 in the Grellman census. Removed from a PCGS holder graded MS62 Brown (PCGS label #405855.62/16210050 included, and it shows the attribution). 

LOT 1053 1843 N-11 R2- Petite Head VF35. At least 5 points sharper but there is soft verdigris nestled into protected areas on the reverse. Glossy chocolate and olive with lighter brown in protected areas. The surfaces are smooth with minor marks including a small rim nick over the E in STATES. MDS, die state c early. A radial die crack from the dentils passes through the left side of the I of AMERICA and reaches the wreath (but not the T in CENT). The rectangular depression at the top of the inner curl is clear. 

Ex Fred H. Borcherdt Collection

Ex Bowers & Merena FPL 11/1/1994-Evan L. Kopald, McCawley & Grellman Auctions/Goldbergs 9/20/2010:1056-Fred H. Borcherdt Collection

Saturday, May 31 st , 2025 5PM CST

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EQUAL FINEST 1843 N-12 EX NAFTZGER

LOT 1054 1843 N-12 R2 Petite Head, PCGS graded MS65 Brown, CAC Approved. Lustrous light chocolate and steel brown with faded mint red covering 10% of the obverse and brighter mint color showing on a third of the reverse. The surfaces are satiny and slightly reflective, and this cent has great eye appeal. Only trivial marks including a few microscopic ticks under star 7 and a tiny struck-through line off the left end of the crossbar of the 4, as struck. EDS, die state a (the die state of the proofs and earliest business strikes). The fine die finishing lines are clear on both sides and the rim cud break at the U in UNITED has not formed. Called MS63 and CC#2 of the business strikes in the Noyes census, his photo #31076. Our grade is MS64, tied for CC#1 of the business strikes in the Grellman census. The attribution and Naftzger-Heard provenance are noted on the PCGS label. 405833.65/18900056

Ex 1979 EAC Sale, 1/13/1979:274 (via Myles Z. Gerson)-R. E. “Ted” Naftzger, Jr.-Naftzger Estate, McCawley & Grellman Auctions/Goldbergs 9/7/2009:664-Legend Numismatics-Gene Heard, McCawley & Grellman Auctions/Goldbergs 6/2016:352-Fred H. Borcherdt Collection

LOT 1055 1843 N-12 R2 Petite Head EF40. Five points sharper but there is a planchet lamination at the dentils near star 12, and it does catch your eye. Otherwise this cent is very nice with attractive frosty light to medium brown toning and trivial marks. EDS, die state a. The die lines over ERIC are clear. 

LOT 1056 1843 N-12 R2 Petite Head AU55. Frosty light steel brown with a few tiny peeps of mint color remaining on the reverse. Satiny and very attractive with just a hint of friction on the highpoints. A small spot of reddish brown toning left of star 11 is the only notable mark. M-LDS, die state d, with rim cuds over NIT and from the U to about two-thirds of the way to the tip of the wreath ribbon. This cent was used to prepare the diagram of the die state in the 2001 edition of the Grellman reference on the series (a fact that is noted on the Naftzger envelope). Comes with a very nice provenance. 

Ex Fred H. Borcherdt Collection

Ex George Ramont 8/1976-Del N. Bland-Jerry A. Bobbe 9/1976 R. E. “Ted” Naftzger, Jr.-Fred H. Borcherdt Collection (includes the Naftzger collection envelope)

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

EARLY CENTS AUCTIONS



CONDITION CENSUS 1843 N-15

LOT 1057 1843 N-12 R2 Petite Head EF45+. Choice glossy light to medium brown with frosty luster in protected areas. A cent with light wear and great eye appeal. LDS, die state e, with a bold rim cud off the end of the wreath stem. The earlier rim cuds at UNIT are not present due to a lack of sufficient planchet metal in that area. 

Ex Fred H. Borcherdt Collection

LOT 1058 1843 N-15 R2+ Petite Head, PCGS graded MS64 Brown, CAC Approved. Very attractive lustrous bluish steel and medium brown blending to light olive brown on the lower part of the reverse. Hints of very faded mint red can be found in protected areas on the left side of the reverse. Sharply struck with very nice eye appeal. The only marks worthy of mention are a fine diagonal scratch right of star 4 and a tiny rim nick at star 8. M-LDS, die state b. The fine die line at the right top of the N in ONE is gone. Our grade is MS60+, tied for CC#4 in the Grellman census. The attribution is noted on the PCGS label. (The holder is scuffed.) 405946.64/33146151 Ex William E. Johnson-R. S. “Robbie” Brown, Jr., Superior 9/30/1986:964-J. R. “Bob” Grellman, Jr.-R. S. “Robbie” Brown, Jr., McCawley & Grellman Auctions/ Superior 6/2/2002:156-Thomas D. Reynolds, McCawley & Grellman Auctions/Superior 1/2004:1454-Chris McCawley, McCawley & Grellman Auctions/ Goldbergs 9/14/2008:538-Thomas D. Reynolds, McCawley & Grellman Auctions/Goldbergs 1/31/2016:774-Fred H. Borcherdt Collection

LOT 1060 1843 N-16 R4 Type of 1844, NGC graded MS63 Brown. Lustrous golden tan and very light olive with hint of very faded mint color in some protected areas on the reverse. Sharply struck on the portrait and wreath but many of the dentils on the obverse are mushy. The only notable mark is a tiny tick near the hair under the left side of star 7. EDS with smooth fields and no trace of flowlines in the fields. Our grade is AU58+, tied for CC#5 in the Grellman census. The attribution and Mervis Collection provenance are noted on the NGC label. 2038637-004

LOT 1059 1843 N-15 R2+ Petite Head EF45+. Slightly sharper with great eye appeal, but there are a couple light scratches: one down the cheek into the neck and another in the field at the inner curl. Both marks are lost in the beautiful glossy light to medium brown toning. MDS, die state b. The earlier die line at the right top of the N in ONE is gone. 

Ex 1978 EAC Sale, lot 181-Douglas F. Bird-R. S. “Robbie” Brown, Jr., McCawley & Grellman Auctions/Superior 6/1998:498-McCawley & Grellman Auctions/Superior 10/2001:476-2008 EAC Sale, McCawley & Grellman Auctions 5/10/2008:553-Adam Mervis, Heritage Auctions 1/10/2014:2253-Fred H. Borcherdt Collection (includes the Mervis lot ticket)

Ex Fred H. Borcherdt Collection

Saturday, May 31 st , 2025 5PM CST

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CONDITION CENSUS 1843 N-17

LOT 1061 1843 N-17 R5- Type of 1844 VF35. Glossy medium brown and light chocolate with frosty golden tan faded down from mint color in a few of the protected areas. Slightly sharper with minor contact marks on the obverse, the strongest of these a dull nick right of star 3, and another in the field at the forehead. EDS. The fine early die lines are sharp. The coronet tip and hair over the ear are not quite fully struck up, as usual for this variety. CC#3 in the Grellman census for this rare die variety. Ex Doug Hill 10/1992-James E. Long, McCawley & Grellman Auctions 1/3/1993:281-R. S. “Robbie” Brown, Jr., McCawley & Grellman Auctions/Superior 6/2/2002:161-Daniel W. Holmes, Jr., McCawley & Grellman Auctions/Goldbergs 1/30/2011:70-Fred H. Borcherdt Collection (includes the Holmes collection envelope)

LOT 1062 1844 N-1 R1 Repunched 18 MS60+. Very attractive lustrous light olive and bluish steel with 5-10% of the mint red remaining, especially on the reverse. A choice cent if not for a few nicks in the field at stars 11-12. EDS, die state b early, with smooth fields and a single tiny rim cud under the 8. The fine repunching at both ends of the base of the 1 allows you to see that the line to left is from the base of a 1 and the line to the right is the curved base of an 8. Equal to the finest known of this die state in the Grellman census. 

LOT 1064 1844 N-3 R2 Repunched 18 MS60+. Beautiful lustrous mint red fading to bluish steel and light olive with at least a third of the mint color remaining, mostly on the reverse. Looks like it should rate a significantly higher grade but a glass reveals small contact marks including a tick on the nose before the eye, a very light abrasion over star 12, and a pair of small rim nicks over ST in STATES. Nicely struck M-LDS, die state d, with rim cuds at stars 8 & 9 and fine die cracks on the reverse. Both dies were freshly polished before this one was struck, and the fields are slightly reflective with fine polishing lines still visible in the obverse fields. Tied for CC#6 in the Grellman census. 

Ex Fred H. Borcherdt Collection

Ex the Freeman Collection, Abner Kreisberg & Hans M. F. Schulman, 5/23/1958:1287-R. E. “Ted” Naftzger, Jr.-Fred H. Borcherdt Collection (includes the Naftzger collection envelope)

LOT 1063 1844/81 N-2 R2 44 over Inverted 18 VF35. Slightly sharper with a nick on the cheek right of the mouth, another on the bottom of the jaw, and a fine hairline scratch in the field before the chin. Otherwise smooth and attractive with glossy chocolate brown toning with lighter reddish brown in protected areas on the obverse. E-MDS, die state a late, with a tiny point to the left from the upright of the E in CENT. The 44 over 81 feature is bold. A nice example of this popular “Redbook” variety. 

LOT 1065 1844 N-4 R1+ EF45+. Frosty light to medium brown. Smooth and satiny with trivial marks including a faint hairline left of the ear lobe into the neck. LDS, die state d, with fine die cracks on the reverse. 

Ex Fred H. Borcherdt Collection

Ex Fred H. Borcherdt Collection

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

EARLY CENTS AUCTIONS

LOT 1066 1844 N-5 R1 First 4 Repunched AU55. Frosty light olive with tiny peeps of mint red on the obverse. This cent has mint state eye appeal but there is a trace of friction on the highest points of the devices. No notable defects. M-LDS, die state c, with die cracks on the reverse. The repunching at the top of the first 4 is clear. 

LOT 1068 1844 N-7 R2+ AU50. Glossy tan and light brown with darker steel brown on the highpoints. Slightly sharper with a few minor marks including a nick hidden in the hair over the left side of the ear and a tiny scratch under the left foot of the N in CENT. EDS, die state a, before the small lump formed under the hair bun. 

Ex Fred H. Borcherdt Collection

Ex George Ramont-Fred H. Borcherdt Collection

LOT 1067 1844 N-6 R3 AU50+. Glossy light to medium brown and olive with satiny mint frost in protected areas. Smooth and sharp with great eye appeal and very little wear. A few tiny ticks in the field before the mouth are the only notable defects. E-MDS, die state b, with fine die cracks at MER. The die lines at the throat and neck are sharp. 

LOT 1069 1844 N-7 R2+ VF25. Sharpness AU50 but dark with crud and verdigris in protected areas. Partly glossy dark olive brown. A light scuff of hairlines across LIBERTY and the hair above are the notable marks. LDS, die state c, with a strong rim cud break at star 1. 

Ex Tom Hart 9/2009-Fred H. Borcherdt Collection

Ex Fred H. Borcherdt Collection

LOT 1070 1845 N-1 R4 AU50. Frosty light to medium brown with darker steel brown toning on the highpoints. Satiny luster shows in protected areas and the only notable mark is a very light, barely visible rim bruise over star 8. Sharply struck EDS, die state a, with fine but sharp lines from the dentils under star 1. Tied for CC#5 in the Grellman census with only a single mint state example known. Removed from an NGC holder graded MS62BN (NGC label #3429311-001 included). 

Ex Tom Hart 2009-Fred H. Borcherdt Collection

Saturday, May 31 st , 2025 5PM CST

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SECOND FINEST 1845 N-1 EX STARR-NAFTZGER

LOT 1071 1845 N-1 R4 AU58. Frosty olive and steel brown with hints of very faded mint color peeking through in the protected areas on both sides. The fields are satiny and the eye appeal of this cent is excellent. Looks mint state but there is a hint of friction on the very highest points of the devices. The only marks are a couple tiny ticks in the field under star 5 and a pair of thin planchet chips in the field over the N in ONE. A small, shallow low spot (caused by debris on the die) connects star 13 to the dentils. E-MDS, die state a, with fine die lines from the dentils under star 1 extending slightly into the field above. Called AU55 and CC#2 in the Noyes census, his photo #31255. CC#3 behind two marginally finer examples in the Grellman census. Removed from a PCGS holder graded MS64BN (PCGS label #397740.64/18900069 included, and it shows the attribution and Naftzger Collection provenance).

Ex Henry C. Hines-Dr. William H. Sheldon-Floyd T. Starr, Stack’s 6/13/1984:452-R. E. “Ted” Naftzger, Jr.-Naftzger Estate, McCawley & Grellman Auctions/ Goldbergs 9/7/2009:680-Fred H. Borcherdt Collection (includes the Naftzger collection envelope)

THE DUPONT-TAD 1845 N-2 BREEN PROOF

LOT 1072 1845 N-2 R1 MS63. Beautiful steel brown and light olive with underlying lighter brown on the obverse. The fields are reflective and the only marks are faint hairlines on the obverse. EDS with the sharpest possible strike; it looks like a choice Proof. In fact Walter Breen called it a Proof on page 80 in his 1977 reference Walter Breen’s Encyclopedia of United States and Colonial Proof Coins 1722-1977. Other researchers have questioned his assessment but this cent does look at least as nice as many of the Proof-Only issues of 1840-1857 large cents. And it certainly is comparable to the 1846 N-21 PCGS graded PR64BN offered later in this sale. When I wrote the 2021 reference The Die Varieties of United States Large Cents 1840-1857 I had not yet examined the DuPont-TAD cent offered here. I referenced the Breen proof claim in a note at the bottom of the page and stated “the existence of a Proof strike of N-2 is highly doubtful.” Now I am not so sure. This cent does look like a Proof. You decide.

Ex Charles J. DuPont, Stack’s Anderson-DuPont Sale, 9/24/1954:850-Dorothy E. Nelson-Toby and Dorothy E. (Nelson) Syzmanski (The TAD Collection), Stack’s 2/4/1976:146-Tom Morley 4/25/1980-Fred Clymer-Fred H. Borcherdt Collection

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

EARLY CENTS AUCTIONS

FINEST 1845 N-2

LOT 1073 1845 N-2 R1 MS63+. Lustrous olive and steel with mint red covering at least 20% of both sides. Satiny and choice, essentially flawless with superior eye appeal. A subtle spot of slightly darker toning at the dentil tips above star 5 can help identify this cent. Nicely struck E-MDS, die state a late. The fine die lines at the second A in AMERICA and the shallow lump above the N in ONE are weak but visible. Finest of the variety by a small margin in the Grellman census.

Ex George Ramont-Fred H. Borcherdt Collection

LOT 1074 1845 N-3 R4 EF45. Glossy light to medium brown and light olive blending to darker olive brown in protected areas. Sharp and quite attractive with very little wear on the devices. A few dull contact marks in the field left of star 11 are visible under magnification; otherwise mark free. Sharply struck EDS, die state a, with an uncracked reverse and all the fine die lines clear. Ex Dean Rodina, McCawley & Grellman Auctions 1/6/1996:500-Grant Reed, McCawley & Grellman Auctions/Superior 9/1998:1709-Evan L. Kopald Chris McCawley 5/2006-Fred H. Borcherdt Collection CONDITION CENSUS 1845 N-4

LOT 1075 1845 N-4 R1 Repunched 5 PCGS graded MS64 Red & Brown. Lustrous bright mint red fading to light steel brown with more than a third of the original mint color remaining. Sharply struck and very attractive with just a few microscopic marks. A tiny speck of darker toning at the dentils under star 1 and a swipe of darker brown toning over NIT can help identify this cent. EDS, die state a, before any die cracks on the reverse. The repunching on the top of the 5 is clear. A variety that is relatively common in mint state but this is a particularly nice one. Our grade is MS63+, tied for CC#3 in the Grellman census, and it comes with a nice provenance. The attribution is noted on the PCGS label.

Ex Stack’s (privately)-Denis W. Loring-R. S. “Robbie” Brown, Jr., Superior 9/30/1986:995-McCawley & Grellman Auctions/Goldbergs 6/4/2017:584-Fred H. Borcherdt Collection

Saturday, May 31 st , 2025 5PM CST

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