What was I thinking when I bought this beat up old girl?
She surely won't win any beauty prize but after sitting on my watchlist for over a year I did a deep dive on the 1848 N-39 last night. Here is what I found:
PCGS has graded 5 in total....of the 3 MS two of them are in the Registry sets ahead of me.
I consulted some auction catalogues of well known Large Cent collections and my findings were as follows:
Ted Natzger did not have an example, Robbie Brown had 2 examples...MS62 and EF45, JR Frankenfield had a VG10, Jack Robinson had a G6 that went for $165 back in 1989.
All my research led me to believe this girl needed a good home with someone who would appreciate her for her R5+ and her good looks relative to some of her more well known sisters. Tell the story of an ugly duckling in your collection!