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1831 N-12/.5 R7+ (as a die state) Large Letters VG10

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:NA
1831 N-12/.5 R7+ (as a die state) Large Letters VG10
Here are my notices
Sharpness VF20 but dark and covered with fine to moderate granularity, strongest on the reverse. No marks or verdigris. What makes this piece special is the die state. Later die state, Grellman e late, with a clearly raised retained cud break right of the date. Raised most on the left end of the cud and clearly later than the preceding lot. Only one point of star 13 is consumed by the retained cud, the so-called N-12/.5 die state (state N-12/1 has the cud fully raised and consuming two points of star 13). We have seen 3 examples in this die state, and this is the sharpest of that small group. One of those was in the Dan Holmes collection (McCawley & Grellman Auctions/Goldbergs 5/30/2010:362), a recolored G4 piece that brought $310.50. A piece for the die state enthusiast.Certificate: Pedigree: Ex McCawley & Grellman Auctions/Goldbergs 5/29/2011:97 (group lot)