Owner Comments:
1850 P1C One Cent
Judd-124 Restrike, Pollock-139 --- same as the J-119 but without the perforation.
Rarity: Low R.7, PR64 + CAC Endorsed
Ex: Lumus
Struck in copper-nickel with a plain edge
Obverse: : CENT above place for undrilled hole, 1850 is beneath, floret are to either side of the unpunched hole.
Reverse: “USA” arcs above space for undrilled hole, and “ONE TENTH SILVER” curves below. Extensive die breaks on the reverse.
Comment: An experiment in producing a smaller-size cent piece, one intended, of course, to be produced in silver with a central perforation to lower the weight and corresponding silver content. The originals were produced in billon (90% copper, 10% silver), with weights from 24 to 26 grains, but they were too subject to counterfeiting, among other difficulties with the issue.
indicate the
The piece is is a Light gray-rose color covering both sides, with some minor flecks noted on both sides but nonetheless attractive. The reverse (ONE TENTH SILVER) side shows extensive peripheral die breaking through the legends. The die apparently shattered early during the striking of the original restrike status of this piece, of which only a half dozen or so are known.
Provenance/Appearance:
Private sale June 2019; Prior