1846 OC-P1
Original Proof
Boldly Repunched Date - Top-30 Variety

Die Pair P1 1840 PA
Date Grid LE / 4-2.0 / VS down
Obverse Die States a
Estimated Rarity R6-
1, 6 Vertical H, SH
Reverse Die States a



Comments:
   This is the only use of Obverse P1 and the first of two uses of Reverse 1840 PA in 1846 (the second use is unconfirmed). 1840 Reverse PA was used for almost all original proofs from 1840 through 1854.


Obverse P1

The photo below shows the Obverse P1 attribution grid.



1846 Obverse P1 Attribution Grid


The full date is repunched, with the original punch almost half the date height too low. The original date was then effaced and repunched in the proper position. The following photo shows the repunching.



1846 Obverse P1 Repunched Date

We've included OC-P1, the only die marriage using Obverse P1, as one of our top-25 varieties.
  1. Perfect Die.
No later die states have been observed.



Reverse 1840 PA

The reverse die used for the 1846 proof issue is the same die used for almost all proof issues through 1854. This die exhibits unique features on A3. The following photo shows these die markers, possibly created from die rust or just die crumbling due to imperfect die metal. These allow easy identification of the proof die, even on mishandled or lightly circulated examples.



Reverse 1840 PA Defects in A3


Reverse 1840 PA Die States
  1. Perfect Die.
No later die states have been observed.





Photo credits:

Obverse P1 and Reverse 1840 PA:   1846 PCGS PR58, from the Osburn-Cushing reference collection.


Copyright 2015, by Dick Osburn and Brian Cushing, All rights reserved.