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The Midwest Summer Sale
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Please Note: A 15% Buyers' Premium is added to the hammer price of all lots in this sale.

(About The Images)
1831 (LM-2, R.3) NGC MS-65. 1831 (LM-2, R.3) NGC MS-65.
Lot Title: 1831 (LM-2, R.3) NGC MS-65.
Description: Logan-McCloskey mentions a low condition census for LM-2, with gems apparently quite rare. Here we have an example not attributed at NGC, but correctly identified as LM-2, and it is certifed as grading MS-65, showing in addition to strong technical attributes some very attractive toning that appears to have been imparted by lengthy album storage. Perusal of past sales and auctions for 1831 LM-2 does confirm that the number of gem appearances can be counted on one hand, and even coins at the lower mint-state levels practically don't exist. For the die-marriage specialist, this could prove to be a once in a lifetime opportunity to obtain a condition-census coin.

Liberty's portrait displays ivory-white brilliance over toned fields, with toast-gold patina sweeping around most of the periphery, suddenly interrupted by a brilliant cobalt accent against the left edge. The reverse features a broad expanse of this same cobalt and midnight-cyan patina, with the entire package wrapped up in graceful satiny luster. We are able to locate a couple of the most trivial hairlines imaginable, but nothing else that could be considered a distraction on eit\her side. (PCGS# 004278)

Low Estimate: $1,800.00
High Estimate: $2,000.00
Lot Status: Bidding has been closed for this lot.
Hammered Price: $1,850.00
Price Realized: $2,127.50
1831 (LM-2, R.3) NGC MS-65.
1831 (LM-2, R.3) NGC MS-65.

Price history for items of the same classification:
Lot #AuctionCurrent Bid or Hammer PriceDescription
707The Midwest Summer Sale on 07/26/2013$1,450.00
1831 (LM-1) PCGS MS-64 CAC.
Surfaces practically glow with utterly exquisite neon-silver frost, surrounded outside the stars by some striking graphite-white rim toning that somehow manages to remain "bright" yet dark...
601The Midwest Winter Sale 2009 on 02/13/2009$220.00
1831 "LM-1.3 retained cud." PCGS AU-55.
NIT on the reverse are capped by a delightful die crack that forms a retained cud, and LM-1.3 is popular for this characteristic. A lustrous coin with signs of only inconsequential old cleaning.

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