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1802 1c S-NC2

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The NC large cents are considered "non-collectible." They all have extremely low populations, and garner very high prices.

 

Google is your friend. One of these in VF apparently sold for $10k in 2009.

 

Coinfacts has a picture here: http://www.pcgscoinfacts.com/Coin/Detail/36338

 

And there are prices realized for an auction which contained one here: https://gnpov.wordpress.com/2009/09/09/prices-realized-for-the-noncollectible-large-cents-from-the-dan-holmes-collection/

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That was the one in the Dan Holmes collection.

 

The last issue of Copper Quotes (which is 4 years old) lists it for $1K in Fair to $10K for the Holmes coin. The 02 NC-2 is a very rare coin with only about 25 known in all grades.

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The picture on NGC's Variety Plus page is the CC 2 specimen. Discovered in Gimbel's Coin dept in 1956 it has been owned by Robert Friedburg, C Douglas Smith, Dorothy Paschal, Dr William Sheldon, R E Naftzger, Eric Streiner, and back to C Douglas Smith.

 

It has the same Obv die as S-229 in a late state with the arc crack rim through ERTY and back to the rim.

 

The Rev is shared with S-230 but in an early state. The leaves above O and E in ONE are very close to the letters especially the leaf above E. On 230 this reverse is almost always cracked ST - leaf -below ATES to rim above O.

 

If you find an 1802 with the obv arc crack check the bows of the ribbon on the rev. On 229 they are weak and open below the E in CENT. On NC-2 they are complete and clearly formed.

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  • Member: Seasoned Veteran

That's an interesting pedigree. My new book, now in preparation, is a history and catalog of Robert Friedberg's publishing output. Friedberg's Capitol Coin Company was the main coin buyer for Minkus Stamp Company, which operated coin and stamp franchises within department stores around the country. The flagship location was Gimbel's in Manhattan, and both Robert and brother Jack bought many rarities over the counter, including the so-called "ice cream" specimen of the 1894-S dime.

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