On March 30 as part of the Whitman Coin and Collectibles Expo,
Stack’s Bowers Galleries offered Part II of the Twin Leaf Collection
of Middle and Late Date Large Cents. The collection was assembled over
two decades by a devoted collector and while the finest examples were
sold in July 2015, the recent offering showcased duplicates, although,
as the catalog noted, “It was a challenge to pick the best coin [for
the 2015 auction] since quality was always a guiding light in the
assemblage of this collection.” As such, the 2016 offering was
noteworthy in its own right.
1842 Coronet cent, Newcomb 1, Proof 64 brown
Late Date Coronet cents from 1840 to 1857 are sometimes called the
Braided Hair type. Proofs of this era are rare as they pre-date the
broad sale of Proof sets to collectors. This Small Date example,
graded Proof 64 by Professional Coin Grading Service, is of the
Newcomb 1 variety, and the catalog notes that it was discovered in
England decades ago.
COIN VALUES: What is your 1842 Coronet cent worth?
Researcher Walter Breen considered several more 1842 Braided Hair,
Large Date cents as Proofs, but as the lot description notes, “Those
have since been discredited as coins struck from later state lapped
dies that have fresh-looking proof-like fields.”
The present Proof example is one of perhaps 10 known today and is
described as “Incredibly rich dark chocolate brown on both sides with
strong mirrors in the fields.” The handsome Proof sold for $5,405.
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