|Stack's Bowers||Auction||The January 2013 Americana Sale||Jan-2013||CAC||1849 Braided Hair Cent. N-22. Rarity-1. Noyes Die State B/C (N-6). MS-65 RB (PCGS). CAC. Die Variety: Newcomb-22 is one of 30 varieties for the date and is also known as N-6.
Die State: From the lapped state of both dies with raised lines and other die markers now absent from the details (N-6).
Strike: Fairly sharp throughout but with some softness in some of the radials of the obverse stars.
Surfaces: A satiny Gem with robust cartwheel luster and excellent all-around eye appeal. Soft rose-brown iridescence engages both sides. No noticeable marks of flecks are seen.
Census Rankings: The Noyes Census lists this specimen as third finest, while McCawley-Grellman calls it second finest known. Both Noyes and McCawley-Grellman grade the coin MS-66.
Pedigree: Howard R. Newcomb; our (Stack's) sale of the Floyd T. Starr Collection, June 1984, lot 603; Ira & Larry Goldberg's sale of the R. E. "Ted" Naftzger, Jr. Collection, Part III, September 2009, lot 951; Legend Numismatics; Cardinal Collection.
Commentary: It is quite incredible that large copper cents with significant amounts of original Mint red luster hardly exist for issues dated 1841 to 1849. It must have something to do with the copper composition and impurities, for certainly the mintages on the average were quite extensive and some should otherwise exist.
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