1804 1C, BN MS (PCGS# 1504)


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Lot Description
1804 Draped Bust Cent. S-266, the only known dies. Rarity-2. Noyes Die State C. EF-40 (PCGS). Along with the famous 1799, the 1804 large cent has long been recognized as one of the two rarest dates in the draped bust series. This issue was struck by only&nbsp;a single die pair and according to Mint records, 96,500 pieces were produced. As is the case with early coppers in general, typical examples tend to be lower grade having done long service in&nbsp;circulation. This piece stands in welcomed contrast to the norm, offering far more detail than usually seen. In fact, the Condition Census for this die state, as compiled by Jack Robinson in the most recent edition of <em>Copper Quotes,</em> lists EAC grades from AU-50 to VF-20. The present coin has areas of light softness, but it is in general rather sharp, with nicely defined hair curls and drapery lines, in short, the major design elements are all there. The surfaces are deep grayish brown and show a few small patches of old porosity which are light enough and pale in significance enough that PCGS opted to grade the piece. An important survivor and one likely to stand out as a highlight in most collections of large cents.<br />
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