Goldberg Coins and Collectibles



Sale 72

February 2-5. 2013


The Gerrie Collection of Large Cents
 
 
Lot Photo Description Realized
Lot 1
1793 S-1 R4 Chain AMERI. PCGS graded AU-53. Glossy steel and olive brown. The surfaces are smooth, void of any trace of corrosion, verdigris, or planchet defects. The only notable marks are a few very light rim bruises. These are located above the B in LIBERTY, well right of that Y, and at the O in OF. None of these marks is at all distracting and this piece offers excellent eye appeal. Nicely struck and well centered on the planchet. The date and legends are all bold. MDS, Breen state III. There is a faint bulge at the 1 in the date and clear die clashmarks from the chain show under the truncation. A very nice example of our first Federal Large Cent. Called EF40 Average Plus by Noyes and tied for CC#9 in his census, photo #62002. Our grade is EF40 as well. The attribution and Paul Gerrie provenance are noted on the PCGS label. Pop 1; 2 finer, 1 in 58, 1 in 61.
Estimated Value $100,000-UP.
Ex Walter Husak 5/2008-Paul Gerrie.

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Realized
$143,750
Lot 2
1793 S-2 R4+ Chain AMERICA. PCGS graded MS-62 Brown. Beautiful frosty chocolate and light olive brown with hints of light bluish steel overtones on the reverse. Satiny luster shows in the protected areas on both sides, especially around the chain. No hint of roughness, verdigris, or planchet defects. This cent offers great eye appeal. There is a touch of rub on the highpoints and only a few trivial contact marks. The notable marks are a thin vertical nick in the hair above the ear and a barely visible tick on the forehead. E-MDS. The fields are smooth and there is no bulge through the base of the date. Clear die clashmarks show under the truncation. This is a choice Chain Cent. Graded AU50 Average Plus by Noyes and CC#5 in his census, photo #34544. Also called AU50 in the Bland census. Our grade is AU55. The attribution and Paul Gerrie provenance are noted on the PCGS label. Pop 1; 1 finer in 63 .
Estimated Value $150,000-UP.
Discovered in Spain-Sotheby's 10/1995:1392-American Heritage Minting 1996-Denis Loring-John B. MacDonald-Goldbergs 2/2001:249-Walter Husak 2/2001-Paul Gerrie.

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Realized
$402,500
Lot 3
1793 S-8 R3 Wreath Cent. PCGS graded AU-58. Glossy steel and olive brown with traces of frosty luster peeking through in protected areas, especially on the reverse. The only marks are a few tiny pre-striking planchet chips in the field before the face, as struck. MDS, Breen state II, with a fine diagonal die crack through the wreath from the first T in STATES to the second A in AMERICA, strongest inside the wreath. Well struck with all the border beads intact on both sides. A very nice Wreath Cent. Graded EF40 Average Plus and CC#13 in the Noyes census, his photo #62003. Our grade is EF40. The attribution and Paul Gerrie provenance are shown on the PCGS label.
Estimated Value $30,000-UP.
Ex Chris McCawley 5/2007-Paul Gerrie.

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Realized
$43,700
Lot 4
1793 S-9 R2 Wreath Cent. PCGS graded AU-55. CAC Approved. Choice glossy steel brown and light chocolate with darker steel toning on the highpoints. Nicely struck and nearly flawless. The planchet is perfectly smooth and there are only a few minor contact marks. The notable ones are a light rim bruise left of the fraction and a pinprick just right of the second A in AMERICA. M-LDS, Breen state VII. The crack through CA in AMERICA is strong and it extends weakly through the ribbon ends and fraction to UNIT. Graded VF35 Choice and tied for CC#17 in his census, photo #62004. Our grade is VF35. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; 3 finer, 2 in 58, 1 in 65+.
Estimated Value $25,000-UP.
Ex Tony Terranova 2/2007-Paul Gerrie.

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Realized
$37,950
Lot 5
1793 S-11a R4+ Wreath Cent with Vine & Bars Edge. PCGS graded VF-35. CAC Approved. Choice glossy chocolate and steel brown. Smooth and very attractive, virtually flawless. The eye appeal is outstanding. The surfaces are smooth and display only a few minor marks. These include a very light rim bruise under the bust tip that does not affect the border beads and a small nick under the second S in STATES. The obverse is nicely centered on the planchet while the reverse is off a bit to K-5. LDS, Breen state IV. The die clashmarks on the obverse have been polished off the die. A very attractive, problem-free mid-grade example of the Vine & Bars version of this variety. Our grade is VF20 Choice. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; 3 finer at PCGS .
Estimated Value $15,000-UP.
Ex Jim McGuigan 5/2011-Paul Gerrie.

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Realized
$20,700
Lot 6
1793 S-11c R3- Wreath Cent with Lettered Edge and Single Leaf. PCGS graded AU-50. Glossy medium brown and light chocolate mixed with small streaks of lighter brown toning on the obverse. Smooth, free of any trace of corrosion or planchet defects. Just a few small contact marks, including a rim nick over the R in LIBERTY, another right of the fraction, and a couple nicks at ENT. LDS, Breen state IV. The strong die clashmarks have been polished off the obverse die and the profile of Ms Liberty is less well defined than it was in the early die state. Nicely centered on the planchet. An attractive, well-balanced example of the Lettered Edge with Single Leaf following DOLLAR version of the Wreath Cent. Our grade is VF25. The attribution and Paul Gerrie provenance are listed on the PCGS label. Pop 2; 4 finer at PCGS .
Estimated Value $20,000-UP.
Ex Chris McCawley 8/2011-Paul Gerrie.

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Realized
$34,500
Lot 7
1793 S-13 R4- Liberty Cap. PCGS graded AU-53. Mostly glossy dark olive brown and steel with slightly lighter steel brown toning on the highpoints. Peeps of frosty luster show in some of the protected areas on the reverse. The planchet is smooth except for some tiny pre-striking planchet chips in the center of the reverse. Only a few minor contact marks. These include a very light rim bruise at the top of the cap, another over BE in LIBERTY, a thin vertical nick on the ear, and a diagonal one high on the forehead. None of these marks is at all distracting and the eye appeal is excellent. EDS, Breen state I, prior to the minor bulge at NT in CENT. Nicely struck showing all the border beads on both sides on a broad planchet. The obverse is slightly off center to K-7 while the reverse is off a bit to K-10. Graded EF45 net EF40 and tied for CC#6 honors in the Noyes census, his photo #56000. Our grade is EF45. A great 1793 Liberty Cap Cent. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 2; 1 finer in 55.
Estimated Value $100,000-UP.
Ex Stack's-Tony Terranova 4/2003-Paul Gerrie.

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Realized
$310,500
Lot 8
1794 S-18a R6+ Head of 1793 with Edge of 1793. PCGS graded EF-45. Lightly cleaned long ago, now nicely retoned a glossy medium steel brown and chocolate. The planchet is smooth and very attractive, completely free of roughness or flaws. Just a few minor marks, including a small rim bruise at RT and a fine hairline scratch across the upper reverse from the rim at D-S to the first A in AMERICA, plus a few other trivial signs of light contact on both sides. E-MDS, Breen state II. Die lapping has weakened the right leaf below T in CENT. Second finest behind the ANS example, which has a severe planchet flaw. Called VF30 net VF20 and CC#2 in the Noyes census, his photo #20426. Bland says VF25 and CC#2. The next best is only net F12 in both census lists. Our grade is VF25. This is the discovery coin for the variety and is the plate coin used in the Noyes book on the early large cents. Comes with a very nice provenance, as you would expect with such an important cent. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; the Finest graded at PCGS .
Estimated Value $50,000-UP.
Ex David Proskey-Henry C. Hines-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr. 2/23/1992-Eric Streiner-1994 EAC Sale, lot 162-Tom Reynolds 4/29/1994-Dan Holmes, McCawley & Grellman Auctions/Goldbergs 9/6/2009:30-Paul Gerrie.

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Realized
$86,250
Lot 9
1794 S-18b R4 Head of 1793 with Edge of 1794. PCGS graded MS-63 Brown. Lustrous light steel brown with frosty golden tan faded down from original mint color in protected areas. There is a small spot of reddish olive toning on the ear and smaller spots of olive toning at the chin, in the field before the forehead, and at the left top of M in AMERICA. Would rate a slightly higher grade except for a fine hairline scratch across the top of the reverse from the leaves over O in ONE to the dentils over the left side of M. The fields are hard and lustrous, and the eye appeal is outstanding. MDS, Breen state III. The right leaf below T in CENT is fragmented due to die lapping, and faint die clashmarks are visible behind the portrait. Graded net MS60 by Noyes and Bland, Noyes photo #20333. Noyes has this example tied for CC#2; Bland says CC#3. Our grade is MS60 as well. One of only 3 mint state examples of the 1794 with Head of 1793 cent type, regardless of die variety (all are Sheldon-18b), and one of those is in the ANS museum. A beautiful and very important cent. And it comes with a long provenance of highly distinguished numismatists. The attribution and Paul Gerrie provenance are noted on the PCGS label. Pop 2; none finer at PCGS .
Estimated Value $150,000-UP.
Ex M. P. Lyons-S. H. & H. Chapman 4/1903:1236-George H. Earle, Jr.-Henry Chapman 6/1912:3370-S. H. Chapman-J. P. Hale Jenkins-Henry Chapman 7/1922:1474-Henry C. Hines-Carl Wurtzbach-Charles Wheeler-1976 ANA Sale, Stack's 8/24/76:347-Dr. Edward R. Bush 9/79-R. E. Naftzger, Jr.-1990 EAC Sale, lot 20-Dan Holmes, McCawley & Grellman Auctions/Goldbergs 9/6/2009:31, Terranova Privately-Paul Gerrie.

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Realized
$276,000
Lot 10
1794 S-19b R4 Head of 1793 with Edge of 1794. PCGS graded AU-50. CAC Approved. Glossy reddish tan and light olive with darker steel toning on some of the highpoints and around MERI. There are some light contact marks, including several small rim bruises on both sides, the strongest of these being a dull rim nick well left of the date. The planchet is mostly smooth but there are a few small planchet voids or dull pinpricks in the hair below the cap with smaller planchet chips at the dentils near TY and RICA (as struck). Still a very nice example of the 1794 Head of 1793 type, and the high grade assigned by PCGS attests to this assessment. M-LDS, Breen die state II, with an obvious bulge in the field under the cap. Called EF45 net VF25 and tied for CC#9 in the Noyes census, his photo #20159. Bland says VF35 net VF25 and tied for CC#8. We believe the net grade on this cent is VF25+, very close to VF30, but perhaps this cataloger is biased since the coin was once in his collection. Regardless, this is an important example of the popular Head of 1793 type. The attribution and Paul Gerrie provenance are noted on the PCGS label. Pop 1; the Finest graded at PCGS .
Estimated Value $25,000-UP.
Ex Peachtree Coin Shop 1971-C. F. Gordon, Jr.-Darwin B. Palmer, Jr.-Dr Edward R. Bush-John R. (Bob) Grellman, Jr.-Gary Ruttenberg-Darwin B. Palmer-Tom Reynolds-a Midwestern collector-Walter Husak, Heritage 2/15/2008:2021-Martin Logies-Chris McCawley 2/2010-Paul Gerrie.

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Realized
$44,850
Lot 11
1794 S-21 R3 PCGS "Genuine, Unc Details, Environmental Damage". Frosty reddish steel with steel brown toning on the highpoints. Sharply struck with virtually mark-free surfaces. No verdigris or corrosion. A barely visible rim bruise off the end of the pole and another small one at the F in OF are the only notable marks. A tiny diagonal nick just right of the denominator can help identify this cent. Apparently the unusual reddish steel toning resulted in the "Genuine, Environmental Damage" assessment, which is certainly understandable. E-MDS, Breen state III, showing a fine die crack arcing from the left side of the B in LIBERTY to the cap where is fades away. Called AU55 net EF45 and tied for CC#5 in the Noyes census, photo #28335. Bland says AU55 and tied for CC#3 in his Bland/Breen census. Either way this is recognized by experts to be a very important cent. Our grade is net EF45. The attribution and Paul Gerrie provenance are shown on the PCGS label.
Estimated Value $10,000-UP.
Ex Charles R. Mathewson 1955-Copley Coin Co., 1955-Dr. William H. Sheldon-Dorothy Paschal-Gordon J. Wrubel-Kazuo Koike (Monterey Rare Coin)-Superior 1/30/1989:3094 (as AU55)-R. S. Brown, Jr., Superior 1/27/1996:30-Jan Valentine-Walter Husak-Chris McCawley 6/2011-Paul Gerrie.

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Realized
$18,400
Lot 12
1794 S-22 R1. PCGS graded AU-58. CAC Approved Plus. Choice frosty steel and light chocolate brown with a few tiny specks of darker olive brown toning in the field left of the lower curls. No notable signs of contact. Nicely struck E-MDS, Breen state III. The "Mound" at the top of the wreath is barely visible but a strong die clashmark shows at the left edge of the C in CENT. A beautiful cent, just lightly worn. Graded EF40 net VF35 Average Plus by Noyes and tied for CC#13 in his census, photo #56001. Our grade is EF40+. The attribution and Paul Gerrie provenance are noted on the PCGS label. Pop 1; 1 finer in 63.
Estimated Value $10,000-UP.
Ex Dr. Robert J. Shalowitz-Chris McCawley 1/2004-Paul Gerrie.

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Realized
$16,100
Lot 13
1794 S-23 R4+ PCGS "Genuine, AU Details, Altered Surfaces". Glossy light olive brown and steel with darker reddish brown toning in protected areas, possibly retoned long ago. There is a rim bruise under the lowest curl, a faint vertical hairline scratch in the right obverse field, a dull nick left of O in OF, and an obvious stain of reddish olive toning mixed with shallow crud at ERI. Otherwise the planchet and surfaces are reasonably nice. LDS, Breen state V. The obverse die cracks are strong. Tied for CC#7 in both census lists. Bland says EF40 net VF30 while Noyes says VF35 net VF20, his photo #31368. Our grade is VF35 net VF25, the midpoint between the Bland and Noyes grades. Comes with a long, distinguished provenance. The attribution and Paul Gerrie provenance are shown on the PCGS label.
Estimated Value $7,500-UP.
Ex John P. Lyman-S. H. Chapman 11/1913:399-S. H. Chapman-Henry C. Hines-Howard R. Newcomb, J. C. Morgenthau & Co. #458, 2/1945:35-Dr. William H. Sheldon-Dorothy Paschal 11/1977-Myles Z. Gerson-John W. Adams-Bowers & Ruddy FPL 1982:13-Bert Cohen-Dana Linett (Early American Numismatics) Buy or Bid Sale #2, 1985:525-Bert Cohen 4/4/1992-James H. Goudge 2/24/1995-Dan Holmes-Chris McCawley 5/2008-Paul Gerrie.

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Realized
$7,188
Lot 14
1794 S-24 R1. PCGS graded AU-58. The "Apple Cheek" variety, so-called because Ms Liberty's cheeks appear to be especially full and rounded on this die. Attractive glossy medium chocolate brown and steel with a few microscopic specks of darker toning left of the bottom of the cap. Just a few trivial marks, including a couple tiny rim nicks right of the fraction and a small planchet flake on the upper right corner of the E in STATES. LDS, Breen state VI. The obverse is bisected by a fine die crack from right of the date to the rim over the L in LIBERTY, and the lower half of the neck and field over the date are covered with fine die rust. Graded AU50 and tied for CC#8 in the Noyes census, his photo #61011. Our grade is EF45. Another really beautiful 1794 cent in this outstanding collection that emphasized quality. The attribution and Paul Gerrie provenance are shown on the PCGS label.
Estimated Value $10,000-UP.
Ex Walter Husak 5/2009-Paul Gerrie.

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Realized
$16,675
Lot 15
1794 S-25 R3. PCGS graded AU-53. Frosty light olive brown with attractive bluish steel overtones in protected areas. Reported to have been lightly cleaned long ago, but the toning appears quite natural and very attractive today. No spots or contact marks, and only a very light touch of rub on the highest points from mint state. Flawless except for an uneven strike resulting from axially misaligned dies. The softly struck areas are at the dentils from K-1 to K-3 on the obverse and the opposing area at ICA clockwise to UN, but the legends in these areas are still clearly visible. These softly struck areas also show some of the small pre-striking planchet imperfections that usually disappear when the planchet is properly squeezed between the dies. The remaining areas are well struck and the overall eye appeal of this cent is excellent. E-MDS, Breen state II, with single die clashmarks on both sides and no die cracks. There is a thin but clear double profile from the top of the forehead down to the tip of the nose with additional doubling on the lips, bust, and date (caused by die bounce). Graded AU50 and CC#3 in the Bland census. Noyes says AU50 net EF40 and tied for CC#3, his photo #31911. Our grade is AU50. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; 1 finer in 58.
Estimated Value $20,000-UP.
Ex Dr. George P. French, B. Max Mehl 1929 FPL, lot 45-T. James Clarke 1944-B. Max Mehl 4/1947-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/1973:347-Gordon J. Wrubel-Del Bland-R. J. Coulter-Robert L. Hughes-Julian Leidman-Charles L. Wiggins-McLaughlin & Robinson Auctions #4392, 9/1989:211-Charles L. Wiggins-Superior 5/31/1992:432-Chris McCawley-Walter Husak, McCawley & Grellman Auctions/Superior 9/21/1998:1107-Jack Wadlington (via Bob Grellman & Chris McCawley) 6/30/2005-Dan Holmes, McCawley & Grellman Auctions/Goldbergs 9/6/2009:42-Paul Gerrie.

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Realized
$27,600
Lot 16
1794 S-26 R2. PCGS graded MS-65 Brown. CAC Approved. Lustrous bluish steel brown and light chocolate with hints of very faded mint color peeking through in protected areas on both sides, especially at D-STA on the reverse. No friction and only a few trivial marks. These include a shallow diagonal planchet depression in the center of the neck and a small spot of dark steel toning high on Ms Liberty's temple. The reverse is choice in every respect. Sharply struck MDS, Breen state IV, with a die crack down through the E in STATES to the leaf below, clear die clashmarks on the reverse, and a small die chip at the top of the I in AMERICA. Graded MS60 and CC#3 in the Bland census. Noyes also has it as MS60 but CC#4 in his list, photo #22506. Our grade is MS60+. This is a great cent that offers outstanding eye appeal, a fact that has been recognized by experts for well over a century. Both sides are plated in the 1879 Frossard Monograph and in the Breen Encyclopedia, and the reverse is illustrated in the Chapman reference. Obviously an important cent, and it comes with a wonderful provenance. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; 1 finer in 66.
Estimated Value $75,000-UP.
Ex George W. Merritt, Ed. Frossard 1/1879:98-George H. Blanchard, W. Elliot Woodward 12/1882:358-E. F. Kuithan, Ed. Frossard 6/1883:248-Ed. Frossard Collection, Ed. Frossard sale #37, 10/1884:868-T. Harrison Garrett 1919-Robert Garrett-John Work Garrett-Johns Hopkins University (privately in 1973)-John W. Adams, Bowers & Ruddy 1982 FPL, lot 19-Del Bland 11/1984-Dr. Allen Bennett 4/1992-Eric Streiner, Superior 10/1992:64-Tony Terranova-Walter Husak, Heritage 2/15/2008:2028-Paul Gerrie.

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Realized
$126,500
Lot 17
1794 S-28 R2 PCGS graded Mint State-63+ Brown. Lustrous medium chocolate and chestnut brown with satiny mint frost covering the fields on both sides. Looks mint state with outstanding eye appeal (hence the outstanding grade assigned by PCGS), but there is a hint of very light friction on the highest points of the hair. The only marks are a thin vertical nick at the left end of the eyebrow, a tiny tick on the jawline near the ear, a pair of very tiny rim nicks just left of the fraction, and a speck of dark toning on the upper seriph of the C in CENT. Nicely struck early die state but not quite the earliest, Breen state I late or II early. A faint radial die crack extends from the dentils opposite the neck into the field halfway to the neck, but the thin die line from the dentils right of STATES is clear. Called MS60 and tied for CC#1 in the Bland census. Noyes says AU55 Choice and CC#4 in his census of confirmed examples, photo #34001. Either way this is a beautiful early cent. Our grade is AU58, very close to MS60. The attribution and Paul Gerrie provenance are noted on the PCGS label. Pop 1; 1 finer in 65.
Estimated Value $50,000-UP.
Ex Dennis E. Steinmetz 10/5/1989-Doug Bird 1/1995-Dr. Robert J. Shalowitz-Chris McCawley 6/1995-G. Lee Kuntz-Chris McCawley-Walter Husak, Heritage 2/15/2008:2030-Paul Gerrie.

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Realized
$36,800
Lot 18
1794 S-29 R2 PCGS graded Mint State-65+ Brown. Choice lustrous medium brown and light chocolate with traces of faded mint red showing around the legend outside the wreath. Both sides are covered with attractive mint frost giving this cent outstanding eye appeal. The surfaces are nearly flawless. The best identifying marks are a tiny nick between the bases of the 1 & 7 in the date, a small spot of slightly darker toning low on the cap, and another spot midway between the second S in STATES and the O in OF. M-LDS, Breen state III, showing a fine die crack from the dentils through the R in AMERICA, myriad fine die cracks in the obverse fields, plus clear die clashmarks inside the wreath at ON and CE. Another beautiful 1794 cent in this outstanding collection. The obverse is plated to illustrate the die in Penny Whimsy, and the reverse is plated in the Frossard-Hays reference on the series. Both sides are illustrated in the Breen Encyclopedia and in the 1923 Chapman reference on the cents of 1794. Called MS60 Choice and tied for CC#1 honors with one other piece in the Noyes census, his photo # 22675. Bland says MS60 as well but tied for CC#3 behind two unconfirmed examples in his list. Our grade is MS60+. A very significant cent that comes with a long provenance of distinguished numismatists. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; none finer at PCGS in Brown .
Estimated Value $100,000-UP.
Ex W. W. Hays (who added the attribution to the edge in light yellow ink) 1900-Charles Steigerwalt 1906-Charles Zug, Lyman H. Low 3/1907:24-Howard R. Newcomb, J. C. Morgenthau 2/1945:41-Willard C. Blaisdell-Del Bland-John Adams, Bowers & Ruddy 1982 FPL, lot 21-Del Bland 10/1984-Dr. Allen Bennett-Walter Husak, Heritage 2/15/2008:2031-Paul Gerrie.

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Realized
$189,750
Lot 19
1794 S-30 R1. PCGS graded MS-62. Choice frosty medium chocolate brown with satiny luster covering the fields and protected areas. Hints of very faded mint color are peeking through on the reverse. A bit of reddish olive brown toning shows at the truncation and the 94 in the date. Just a touch of friction on the highpoints, but this cent offers mint state eye appeal. The only notable mark is a fine, light vertical scratch from the jawline right of the ear lobe down to the top of the neck where it fades away. M-LDS, Breen state III. The die crack through the R in AMERICA is strong and extends inside the wreath, and fine die rust covers much of the upper half of the reverse. Graded AU50 and tied for CC#5 in the Noyes census, photo #31530. Our grade is AU50 as well. The attribution and Paul Gerrie provenance are noted on the PCGS label. Pop 1; 1 finer in 64.
Estimated Value $15,000-UP.
Ex Lord St. Oswald Estate-Christies (London) 2/1992:282-Tony Terranova-Walter Husak 4/2004-Paul Gerrie.

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Realized
$23,000
Lot 20
1794 S-31 R1. PCGS graded MS-63 Brown. Very choice lustrous steel and medium chocolate brown. Satiny mint frost covers all but the highest points of this cent, and the eye appeal is outstanding in every respect. A tiny, barely visible speck of darker toning at the tip of the nose is the best identifying mark. MDS, Breen state II. The die chips in the field under the cap are obvious. Graded AU58 Average Plus by Noyes, tied for CC#7, his photo #62005, but it looks at least as nice as several in his census that he calls Mint State. Our grade is AU58+, very close to mint state, and it was graded MS62 in the Eliasberg sale back in 1996. A choice, premium cent in every respect. The attribution and Paul Gerrie provenance are noted on the PCGS label. Pop 2; 1 finer in 64.
Estimated Value $30,000-UP.
Ex Louis E. Eliasberg, Sr., Bowers & Merena 5/20/1996:493-unknown-David McCarthy (Kagin's) 5/2007-Paul Gerrie.

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Realized
$63,250
Lot 21
1794 S-32 R2+ PCGS graded Mint State-64+ Brown. Lustrous light olive brown and chocolate. A sharp, very attractive cent, but unevenly struck, as usual with this variety. The die faces were not parallel (Breen calls this axial misalignment), pressing the planchet more strongly on the left side then on the right. The result is a very strong strike on the left with weakness along the right edge of both sides. Perhaps that's why the reverse die cracked so early in the marriage. The weakly struck areas display many of the tiny planchet imperfections that normally strike out. This condition is evident on all the high grade examples listed in the Noyes census. Otherwise this piece is free of contact marks or other notable defects. M-LDS, Breen state IV. The cud break at LI in LIBERTY is clear and the crack from the rim through the first S in STATES extends heavily through the wreath toward the O in ONE. Called MS63 Choice and tied for CC#1 with one other piece in the Noyes census, his photo #22633. Bland says MS60 and CC#2 behind a slightly finer example in his list. Our grade is MS60. The attribution and Paul Gerrie provenance are noted on the PCGS label. Pop 1; the Finest graded at PCGS and the only Mint State example graded by PCGS .
Estimated Value $60,000-UP.
Discovered in Boston-Thomas L. Elder 10/1907:137-Virgil M. Brand-B. G. Johnson (St. Louis Stamp & Coin Co.) 3/1943-Abe Kosoff-New Netherlands Coin Co 9/1953:248-Floyd T. Starr, Stack's 6/1984:25-Dr. Allen Bennett 2000-Walter Husak, Heritage 2/15/2008:2034-Paul Gerrie.

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Realized
$92,000
Lot 22
1794 S-33 R6 "Wheelspoke" Reverse. PCGS graded VF-35. Glossy chocolate brown with lighter chocolate toning covering the devices. The surfaces are smooth and display only a few trivial marks, including a pair of tiny nicks under BE in LIBERTY and two small pinpricks or shallow pits low on the neck at the shoulder. The reverse is choice, flawless except for a small nick under the E in AMERICA. Late die state, Breen state V, with all 6 of the "Wheelspoke" cracks on the reverse present, and each of them is clearly defined. The central reverse bulge is present as well, but the grade is high enough that ONE CENT remains visible and nearly complete. Called VF25 (Average Plus) and finest known in both the Noyes and Bland census lists, Noyes photo #21888. Our grade is VF25. The second finest known piece is impounded in the ANS, and these are followed by two examples grading Fine-12. This is the cent plated in Penny Whimsy to illustrate the Wheelspoke Reverse, and both sides are plated in the Noyes book and the Breen Encyclopedia (the plate coin in Breen is incorrectly identified as the Sears-ANS example). A beautiful example of this rare and very popular 1794 variety, certainly a highlight to any advanced collection of Large Cents. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; none finer at PCGS .
Estimated Value $75,000-UP.
Discovered in Los Angeles by Harold Straight in 1950-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr. 2/23/1992-Eric Streiner1/1993-Tom Morley 10/1993-Dr. Robert A. Schuman 4/1/1998-Walter Husak, Heritage 2/15/2008:2035-Dan Holmes, McCawley & Grellman Auctions/Goldbergs 9/6/2009:53-Paul Gerrie.

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Realized
$106,375
Lot 23
1794 S-36 R5. PCGS graded AU-55. Sharpness near EF45 but there is a minor rim mark over the T in LIBERTY and a couple smaller tics over ER in AMERICA. Choice glossy medium steel brown and chocolate with smooth, hard surfaces. This cent offers excellent eye appeal. Late die state, Breen state III, showing fine die clashmarks on both sides. All the delicate die cracks mentioned by Breen are present. Third finest known of the variety in the Noyes and Bland census lists where called EF45 net VF35, Noyes photo #39044. Our grade is VF35+, close to EF40. The finest is impounded in the ANS Museum leaving only one finer specimen in collector's hands, a marginally superior net EF40 example. Plated in Samuel Chapman's United States Cents of the Year 1794 (1923) and in Tom Morley's grading guide for 1794 cents. A beautiful cent that comes with an important (and historical) provenance. The attribution and Paul Gerrie provenance are noted on the PCGS label. Pop 2; 1 finer in 63.
Estimated Value $35,000-UP.
Ex W. B. Guy, Henry Chapman 11/1911:401-Dr. George P. French, B. Max Mehl FPL 1929:54-T. James Clarke, B. Max Mehl 1944-Dr. William H. Sheldon-American Numismatic Society (ANS) Museum probably in the late 1940’s or early 1950’s in the infamous trade/switch for the finest known AU55 coin that had been donated by George Clapp to the museum-traded from the ANS to R. E. Naftzger, Jr., on 1/26/2001 in exchange for the museum’s original Clapp AU55 coin-Bowers & Merena 3/21/2002:1114-Chris McCawley as bidder for Tony Terranova, Chris McCawley, and Martin Paul (Martin Paul later sold his 1/3 interest to a dealer who wishes to remain anonymous; Terranova and McCawley subsequently bought the 1/3 interest from the anonymous dealer)-McCawley & Grellman Auctions/Superior 9/5/2004:173-Paul Gerrie. (Note: The transfer of this cent from the ANS Museum to R. E. Naftzger, Jr., on 1/26/01 deserves additional comment. The cent being offered here resided for many years in the ANS Museum collection before it was transferred to Mr. Naftzger in 2001 in exchange for the AU55 example then in Ted’s collection. Ted acquired the AU55 piece from Dr. William H. Sheldon on 4/19/1972 when he purchased Dr. Sheldon’s collection of early date cents. It was determined several decades later that the coin sold to Ted was obtained improperly by Dr. Sheldon from the ANS, and following lengthy legal wrangling a swap was arranged transferring the piece being offered here from the ANS to Ted in exchange for the higher grade Clapp coin, which was transferred from Ted back to the ANS. This agreement brought a welcomed end to an important yet upsetting chapter in the history of Large Cent collecting.

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Realized
$44,850
Lot 24
1794 S-38 R5+ PCGS "Genuine, XF Details, Cleaning". Sharpness EF40 but cleaned and retoned frosty dark steel and reddish chocolate brown with lighter steel brown and tan toning in protected areas. There are some light contact marks on both sides including a vertical nick on the left top of the N in CENT, a couple diagonal nicks left of the O in OF, and a dull rim nick over the first A in AMERICA. The surfaces are decent but not perfectly smooth. A strong glass reveals uniform microscopic granularity covering both sides. No verdigris. Breen die state I. The inner chip in the field under the cap is strong but the one closer to the dentils is faint. Breen thought that the two chips got stronger as the die worn down, but this cataloger believes the chip got weaker as time went by. So, Breen says this piece is from the early state of the dies while I believe it is from the late state. Regardless, this is a sharp condition census example of a tough variety. Bland says net VF25 and tied for CC#4 in his census. Noyes says EF40 net VF25 and CC#4 by itself, his photo #28743. Our grade is net VF25 as well. And it comes with an extensive provenance that includes several distinguished numismatists. The attribution and Paul Gerrie provenance are noted on the PCGS label.
Estimated Value $10,000-UP.
Ex Henry C. Miller, Thomas L. Elder 4/1917:690-Dr. George P. French-B. Max Mehl 1929 FPL, lot 67-T. James Clarke 1944-B. Max Mehl FPL #106 6/1945:1648-B. Max Mehl FPL #112 4/1949:2312-Willard C. Blaisdell 2/17/1975-Del Bland-Myles Z. Gerson 1/1981-Denis Loring 2/1981-Bertram Cohen-Early American Numismatics Sale #2 1985:528-Bertram Cohen-Kenedi Numismatic Auctions 1/1986:46-Bertram Cohen-Henderson-Evan L. Kopald, McCawley & Grellman Auctions/Goldbergs 9/20/2010:771-Paul Gerrie.

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Realized
$14,950
Lot 25
1794 S-40 R5+. PCGS graded MS-62 Brown. Choice lustrous medium reddish brown and light chocolate with darker steel toning on the highpoints. Virtually flawless with just a hint of friction on the highest points of the designs. A very thin streak of darker toning on the cheek and upper part of the neck is the best identifying mark. MDS, Breen state III, showing a clear die crack from the dentils through the left edge of the N in UNITED but without the later crack from the rim down the left side of that D. Struck very slightly off center to K-3. Graded AU55 Choice and CC#2 in the Noyes census, his photo #22591. Bland says AU55 and CC#2 as well. The slightly finer CC#1 example has some strike weakness at the date and BER in LIBERTY plus many tiny planchet imperfections, but none of those problems are evident on this example. A beautiful cent, just a hint of friction on the highest points from mint state. Our grade is AU55+ with mint state eye appeal. A fabulous example of a tough die variety. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; the Finest at PCGS.
Estimated Value $50,000-UP.
Ex Major Sir Rowland Denys Winn, M.C., 4th Baron St. Oswald-Christie, Manson & Woods, Ltd. (London) 10/13/1964:145-Ed Shapiro-C. Douglas Smith 1965-Al Bonard-French's 1967-R. E. (Ted) Naftzger, Jr. 1986-Herman Halpern, Stack's 3/16/1988:52-Dr. Allen Bennett 2000-Walter Husak 2000-Dr. Tom Turissini 4/2009-Paul Gerrie.

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Realized
$77,625
Lot 26
1794 S-41 R3. PCGS graded AU-53. Mostly glossy chocolate and steel brown mixed with slightly darker chocolate and olive brown toning on the upper right half of the obverse. The reverse shows traces of frosty luster in protected areas. The only notable mark is a thin diagonal nick under the ER in AMERICA. Nicely struck with light wear on the highpoints. E-MDS, Breen state III, with a clear die crack from the rim through the center of the D in UNITED extending weakly to the tops of CE in CENT. The crack between the A & T in STATES has not formed. Called EF40 Average Plus and tied for CC#2 in the Noyes census, his photo #39233. The finest known piece is a mint state example impounded in the ANS Museum, so this is about as good as it gets for S-41. Our grade is VF35+. The attribution and Paul Gerrie provenance are noted on the PCGS label. Pop 1; the Finest at PCGS.
Estimated Value $7,500-UP.
Ex Harry Laibstain 6/2001-Paul Gerrie.

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Realized
$20,125
Lot 27
1794 S-43 R2+. PCGS graded AU-55. Attractive lustrous chocolate and steel brown. Perfectly centered and nicely struck except for minor weakness at the tops of ES-OF. There is a spot of slightly darker toning at the end of the pole and another area of similar toning at BE in LIBERTY. A thin nearly horizontal nick above the N in ONE is a good identifying mark, but it is trivial. MDS, Breen state III. The die cracks through the U in UNITED and 17 in the date are clear, but the crack through U does not reach the C in CENT. Graded EF45 Choice and tied for CC#6 honors in the Noyes census, his photo #24132. Bland also says EF45 and tied for CC#7 in the Bland/Breen census. Our grade is EF40+, very close to EF45. A beautiful cent and it comes with a very nice provenance, including Homer Downing, who characteristically added his initials (HD) in white ink on the edge. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 2; 1 finer in 58.
Estimated Value $7,500-UP.
Ex Henry C. Hines-Homer K. Downing, 1952 ANA Sale, lot 1676-F. J. Herrick-Dr. Charles Ruby, Superior 11/1976:44-G. Lee Kuntz, 10/6/1991:50-Dorothy Gershenson, Superior 2/2/1992:693-Doug Bird (personal collection)-Paul Gerrie.

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Realized
$17,250
Lot 28
1794 S-44 R1. PCGS graded AU-50. CAC Approved. Choice glossy light to medium chocolate brown with slightly darker chocolate brown toning in the protected areas. Great eye appeal with only a couple trivial marks. The notable ones are a small, shallow planchet flake at the left end of the eyebrow (as struck) and a tiny nick at the leaf tip under UN in UNITED. LDS, Breen state V, with numerous die cracks on both sides. Noyes graded EF45 and tied for CC#2 with several others, his photo #62016. Our grade is EF40+, close to EF45. The attribution and Paul Gerrie provenance are noted on the PCGS label. Pop 2; 2 finer, 1 in 58, 1 in 63.
Estimated Value $5,000-UP.
Ex Steve Estes 4/2001-Paul Gerrie.

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Realized
$10,350
Lot 29
1794 S-46 R3. PCGS graded MS-63 Brown. Choice glossy medium steel brown with underlying frosty light steel brown and hints of very faded mint red bleeding through the shallow toning in a few protected areas. There are a few very tiny ticks on the cheek, a trail of light nicks from the chin down to the pole near the neck, and a nick on the shoulder. The only marks on the reverse are some tiny planchet chips, as struck, around ICA. EDS, Breen state I. A fine die crack extends from the rim through the bust and across the neck but fades out as it reaches the hair. A sharp, very attractive cent. Listed as MS60 Choice and CC#2 in the Noyes census, his photo #21225. Bland says MS60 as well and CC#2 behind a slightly finer example. Our grade is MS60. This is the plate coin used in the Breen book, although the caption under that photo incorrectly identifies it as the Adams:41 example. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; the Finest graded at PCGS .
Estimated Value $25,000-UP.
Ex Ed Hipps 5/1974-Del Bland 5/1977-R. E. Naftzger, Jr., 1989 EAC Sale, lot 34-Tom Morley 5/24/1989-Dan Holmes, McCawley & Grellman Auctions/Goldbergs 9/6/2009:75-Paul Gerrie.

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Realized
$35,650
Lot 30
1794 S-51 R5-. PCGS graded AU-55. CAC Approved. Frosty reddish steel brown and chocolate with darker steel toning on the highest points of the portrait plus some more at LI in LIBERTY. Has some claims to a slightly higher grade but there are a few light nicks on the cheek and shoulder plus a couple faint hairline scratches on the neck, none distracting. E-MDS, Breen state I, before the obverse die cracked. Called EF45 and tied for CC#1 with a single unconfirmed example in the Noyes and Bland census lists, Noyes photo #21375. This is the Breen plate coin for the variety and it is plated for the same purpose in the 1991 Noyes book on the early large cents. The obverse is plated to illustrate the EF45 grade in the Tom Morley grading book for 1794 cents. Our grade is EF45 as well. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 2; none finer at PCGS. Tied for the Finest graded by the service.
Estimated Value $25,000-UP.
Ex Henry C. Miller, Thomas L. Elder 4/1917:662-Henry C. Hines-Dr. William H. Sheldon 4/19/1972-R. E. (Ted) Naftzger, Jr., New Netherlands Coin Co 11/1973:372-John W. Adams, Bowers & Ruddy 1982 FPL, lot 46-Denis W. Loring 5/1983-Jack Robinson, Superior 1/29/1989:89-Dr. Allen Bennett 1/1998-Walter Husak, Heritage 2/15/2008:2053-Chris McCawley 5/2008-Paul Gerrie.

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Realized
$35,650
Lot 31
1794 S-52 R6-. PCGS graded VF-30. The obverse is a choice glossy medium brown and chocolate with steel brown toning on the highpoints. The reverse is glossy reddish brown with light olive and steel brown highpoints and a swipe of darker olive brown toning at F-AM. The surfaces are smooth, free of corrosion or verdigris. There is a small dig high on the neck, a long horizontal nick at the bottom of the cap, and a light rim bruise at AT in STATES. LDS, Breen state II, with a strong die crack from the rim down through the cap into the hair at the back of the head. Second finest known in both census lists. Bland says net VF20 while Noyes says VF25 net F15, his photo #27616. Our grade is F15+. The obverse is plated in Frossard-Hays, Elder-Gilbert, Early American Cents, Penny Whimsy, and the Morley grading guide for the cents of 1794. Both sides are plated in the 1923 Chapman reference on the cents of 1794. H-6 (Hays-6) is neatly penned onto the edge in yellowish-white ink in two different places. Comes with an all-star provenance, as you might expect for such an important cent. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; the Finest graded at PCGS .
Estimated Value $35,000-UP.
Ex Dr. Edward Maris-W. W. Hays 1900-Charles Steigerwalt 1906-Charles G. Zug-Lyman Low 3/1907:9-Ebenezer Gilbert-Thomas L. Elder #44, 10/1910:9-H. O. Granberg-William H. Woodin-The United States Coin Co. 5/1915:91-Henry C. Hines-Dr. William H. Sheldon-Dorothy Paschal-John W. Adams, Bowers & Ruddy FPL 1982:47-Denis Loring 5/7/1983-Jack Robinson, Superior 1/29/1989:92-J. R. Frankenfield, McCawley & Grellman Auctions/Superior 2/17/2001:253-Jack Wadlington (via Bob Grellman & Chris McCawley) 6/30/2005-Dan Holmes, McCawley & Grellman/Goldbergs 9/6/2009:85-Paul Gerrie.

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Realized
$49,450
Lot 32
1794 S-55 R2. PCGS graded EF-45. Nice glossy medium chocolate brown and steel fading to a slightly darker tone in the protected areas. Great eye appeal showing only a few trivial marks. The best identifying mark is a small but clearly defined planchet flake on the left side of the C in CENT (as struck). MDS, Breen state II, with a fine die crack through the hair to the shoulder and clear die clashmarks at the cap and hair under LI in LIBERTY. Graded EF40 Average Plus and tied for CC#5 in the Noyes census, his photo #39128. Our grade is EF40 as well. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; 1 in 64BN.
Estimated Value $5,000-UP.
Ex Jim McGuigan 4/2002-Paul Gerrie.

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Realized
$19,550
Lot 33
1794 S-57 R1. PCGS graded MS-65 Brown. CAC Approved. Choice lustrous frosty light bluish steel brown with underlying faded mint red showing on both sides, mostly on the reverse. The satiny mint luster covers the entire planchet, even on the highpoints. This is a gem cent except for some tiny planchet flakes at LIBE and a larger one in the field just over the end of the pole (all as struck). The only contact marks are a microscopic tick under the earlobe and a small nick on the leaf over the O in ONE. M-LDS, Breen state IV, with two shallow linear depressions in the field before the face (Breen called them "trenches"), each with a fine die crack running along the depression. Graded MS65 Choice by Noyes and tied with one other piece for finest known, his photo #29573. Graded MS63 and tied for CC#2 honors behind a slightly finer example that has a planchet flaw in the Breen/Bland census. Our grade is MS64. A truly great cent, carefully saved for us by a visitor from England who took home a small group of shiny new souvenirs from his trip across the pond. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; the Finest and only Mint State example graded at PCGS .
Estimated Value $50,000-UP.
Ex Major Sir Rowland Denys Winn, M.C., 4th Baron St. Oswald-Christie, Manson & Woods, Ltd. (London) 10/13/1964:151-Lester Merkin-Stack's-Frank H. Masters, Jr., RARCOA 5/14/1971:69-R. E. (Ted) Naftzger, Jr., New Netherlands Coin Co. 11/14/1973:378-Del Bland-Dr. Robert J. Shalowitz-Del Bland 1/4/1985-Bert Cohen-Andy Hain, Stack's 2002:732-McCawley & Grellman/Superior 6/2002:2437-Chris McCawley 4/2003-Paul Gerrie.

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Realized
$189,750
Lot 34
1794 S-59 R3-. PCGS graded MS-64 Brown. Very attractive lustrous steel and light olive brown with underlying lighter reddish steel brown faded down from mint color in the protected areas. A premium early large cent that offers outstanding eye appeal. The only defects are a barely visible shallow planchet flake high on the neck (and this flake displays slightly darker steel toning), microscopic planchet flakes at LIBE and the top of the cap, and a tiny nick on a leaf left of the O in ONE. Sharply struck early die state, Breen state I, without any die breaks or clashmarks. Called MS60 Choice and CC#3 in the Noyes census lists, photo #22842. Bland agrees MS60 and CC#3. Our grade is MS62. A great cent that comes with an equally impressive provenance. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; the Finest graded at PCGS .
Estimated Value $50,000-UP.
Ex George F. Seavey, W. H. Strobridge 6/18/1873-Lorin G. Parmelee, New York Coin & Stamp Co., 6/25/1890:685-J. F. Anger-Colonel James Ellsworth 3/1923-Wayte Raymond-Charles E. Clapp, Sr., 12/1924-George H. Clapp-ANS-Dr. William H. Sheldon 1964-Dorothy Paschal 1968-R. E. (Ted) Naftzger, Jr., New Netherlands Coin Co. 11/14/1973:380-John W. Adams, Bowers & Ruddy 1982 FPL, lot 55-Dr. Allen Bennett-Walter Husak, Heritage 2/15/2008:2061-Chris McCawley 4/2008-Paul Gerrie (Note: The apparently undocumented transfer of this and many other cents from the ANS to Dr. Sheldon prior to 1972, which was judged in court to be an unauthorized transfer, resulted in a judgment against Ted Naftzger, Jr., and on 1/26/2001 Mr. Naftzger compensated the ANS for their loss. Also see the note at the end of the lot description for the 1794 S-36 offered earlier in this sale.).

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Realized
$100,625
Lot 35
1794 S-60 R3+. PCGS graded AU-53. CAC Approved. Glossy steel and olive brown, possibly lightly cleaned and retoned long ago (certainly prior to the 1989 Jack Robinson sale). Excellent eye appeal with smooth surfaces and only trivial marks. The best identifying mark, and it is trivial, is a light diagonal nick under the junction of the E & N in CENT. M-LDS, Breen state IV, showing a fine die crack from the curl left of the date down to the dentils. Clear die clashmarks are visible at the top of both sides. Graded EF40 and tied for CC#5 in the Noyes census, photo #21767. Bland agrees EF40 and CC#5. Our grade is EF40 as well. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; 1 finer in 62.
Estimated Value $7,500-UP.
Ex Dr. George P. French, B. Max Mehl 1929 FPL, lot 58-T. James Clarke-Dr. William H. Sheldon 1945-Robert Henderson 1958-Dorothy Paschal-Keith Krause 2/1971-Del Bland-Dr. Dane B. Nielsen 1979-Denis Loring 1983-Jack H. Robinson, Superior 1/29/1989:107-Gary M. Ruttenberg, McCawley & Grellman Auctions 8/1996:96-Robert C. Clark, Bowers & Merena 2000 ANA Sale, lot 245-Richard Gross-Chris McCawley 2/2007-Paul Gerrie.

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Realized
$13,225
Lot 36
1794 S-63 R3- "Fallen 4" Variety. PCGS graded AU-53. CAC Approved. Glossy steel brown and chocolate with lighter steel brown toning in protected areas. No corrosion or verdigris and only minor marks. These include a tiny pinprick near the forehead under the T in LIBERTY and a collection of microscopic planchet flakes at S-OF, as struck. EDS, Breen state I, before the dies clashed. A very attractive example of the "Fallen 4" variety (actually the 4 is properly placed but the 9 is high). Called EF40 Average Plus and tied for CC#7 in the Noyes census, photo #36872. Our grade is EF40. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; 2 finer, 1 in 58, 1 in 62.
Estimated Value $7,500-UP.
Ex Chris McCawley 1/2004-Paul Gerrie.

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Realized
$16,675
Lot 37
1794 S-64 R5- Missing Fraction Bar. PCGS graded AU-58. Choice glossy chocolate brown delicately mixed with slightly darker olive brown and steel tones. Great surfaces and outstanding eye appeal. The only marks are a couple thin, light nicks in the field off the chin, a nick on the rim right of the throat, and a nick across the leaves under the T in CENT. Nicely struck EDS, Breen state I, prior to the die crack through the D in UNITED. The "Missing Fraction Bar" feature is obvious. A great example of this popular "Redbook" variety that offers outstanding eye appeal. Called AU55 Average Plus and tied for CC#2 honors in the Noyes census, photo # 20605. Bland says AU50 and tied for CC#3 in his census. Our grade is AU50+, close to AU55. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; 1 in 65BN.
Estimated Value $40,000-UP.
Ex Matthew A. Stickney, Henry Chapman 6/25/1907:1487-Charles Osner-unknown-Rare Coin Galleries of Seattle 9/1982-Gene Sanders (Coinco)-Stuart A. Levine-Tony Terranova-Herman Halpern, Stack's 3/16/1988:89-R. E. (Ted) Naftzger, Jr., 1989 EAC Sale, lot 43-Tony Terranova, Bowers & Merena 1990 FPL-Dr. John A. Van Arsdall, Bowers & Merena 1/1993:223-Dr. Thomas Turissini-Chris McCawley 5/2009-Paul Gerrie.

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Realized
$71,875
Lot 38
1794 S-65 R1. PCGS graded AU-55. CAC Approved. Glossy steel brown and light chocolate with traces of darker steel toning on the highpoints. Nearly flawless with only a few trivial ticks, including two left of the eye. M-LDS, Breen state VII. The die crack down through the second S in STATES clearly reaches the wreath and the earlier cracks on the obverse and reverse are stronger. Graded EF40 Average Plus and tied for CC#8 in the Noyes census, photo #39590. Our grade is EF40+. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 2; none finer at PCGS. Tied for the Finest graded by the service .
Estimated Value $5,000-UP.
Ex Louis E. Eliasberg, Sr., Bowers & Merena 5/20/1996:498-Walter Husak-Tom Reynolds 4/2001-Paul Gerrie.

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Realized
$16,675
Lot 39
1794 S-66 R5+. PCGS graded VF-35. Attractive glossy medium brown and light chocolate with darker chocolate brown toning in protected areas. The surfaces are perfectly smooth everywhere except in the field around LIBERTY, where traces of extremely fine roughness are partially hidden under the attractive glossy toning. The only marks are a couple small, shallow planchet flakes at the L in LIBERTY, a pair of faint hairline scratches across the top of the cap, and a barely visible rim nick just left of the fraction. Otherwise this cent is choice, and the eye appeal remains excellent. Terminal die state, Breen state IV, with the "Split Pole" crack bold plus an additional die crack arcing from the forehead into the field where it fades out as it nears the dentils opposite the chin. Called VF25 and finest known in the Del Bland/Walter Breen condition census. Noyes says VF35 net VF25 and tied for CC#1 honors with one other piece, his photo #21046. Our grade is VF25. Plated in Chapman, Early American Cents (obverse only), Penny Whimsy (obverse only), Breen’s Complete Encyclopedia, and in the Noyes book. A very important cent that comes with an equally impressive provenance. The attribution and Paul Gerrie provenance are noted on the PCGS label. Pop 1; the Finest and only example graded at PCGS.
Estimated Value $40,000-UP.
Ex Ebenezer Gilbert-Dr. George P. French (this was Dr. French’s favorite coin, and he carried it with him to show to his friends at ANA Conventions) 3/21/1929-B. Max Mehl FPL 1929:71-T. James Clarke 1944-B. Max Mehl 1944-Dr. William H. Sheldon 4/19/1992-R. E. (Ted) Naftzger, Jr. 2/23/1992-Eric Streiner 4/4/1992-Dr. Allen Bennett 1/2000-Walter Husak, Heritage 2/15/2008:2068 (as PCGS VF35)-Dan Holmes, McCawley & Grellman Auctions/Goldbergs 9/6/2009:108-Paul Gerrie.

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Realized
$74,750
Lot 40
1794 S-67 R3 PCGS "Genuine, Unc Details, Scratch". A frosty nearly mint state cent that has an obvious planchet lamination flake on the truncation over the 9, and someone added a fine vertical scratch up from the top of the flake. The cent was lightly cleaned long ago and is now toned an attractive frosty light to medium chocolate brown. The color is attractive and the eye appeal of this cent would be outstanding if not for the delamination and short scratch. MDS, Breen state III, showing clear die clashmarks on both sides. Called AU55 net EF40 and tied for CC#11 in the Noyes census, photo #27563.2. Our grade is EF45. The attribution and Paul Gerrie provenance are shown on the PCGS label.
Estimated Value $7,500-UP.
Ex Major Sir Rowland Denys Winn, M.C., 4th Baron St. Oswald-Christie, Manson & Woods, Ltd. (London) 10/13/1964:157-Baldwin's-Lester Merkin-Norweb Family Collection, Bowers & Merena 11/14/1988:2726-J. R. Frankenfield, McCawley & Grellman Auctions/Superior 2/17/2001:269-unknown-Tom Reynolds 6/2010-Paul Gerrie.

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Realized
$16,675
Lot 41
1794 S-70 R2-. PCGS graded AU-58. Glossy chocolate and reddish steel brown with a small swipe of darker olive brown toning at the top of OF. No corrosion or verdigris and the surfaces offer excellent eye appeal. There are a few small contact marks, including a nick in the field under the cap and a couple more at the hairline left of the eye. Sharply struck EDS, Breen state I, showing a fine die crack from the dentils to the left top of the Y in LIBERTY. Listed as AU50 and tied for CC#4 honors in the Bland/Breen census. Noyes says EF40 and tied for CC#7, photo #24291. Our grade is EF45. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 2; 2 finer in 62.
Estimated Value $10,000-UP.
Ex Dr. David Katz-Gary Sturtridge-Del Bland 1978-Dr. George E. Ewing-R. S. Brown, Jr., Superior 9/30/1986:92-G. Lee Kuntz, Superior 10/6/1991:78-Larry Briggs 1997-Mickey Arconti-Chris McCawley 1999-Robert C. Clark, Bowers & Merena 2000 ANA Sale, lot 250-unknown-Chris McCawley 8/2001-Paul Gerrie.

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Realized
$15,525
Lot 42
1794 S-71 R2. PCGS graded AU-58. CAC Approved. Frosty medium brown and chocolate with darker steel brown toning on the highpoints. Sharply struck offering excellent eye appeal. The only defects are a tick on the top of the 7 and a couple more above the 9. MDS, Breen state IV, showing clashmarks on both sides and a few light die cracks on the obverse. The crack at RT in LIBERTY has not formed. Graded EF40 and tied for CC#6 in the Noyes census, photo #28851. Bland also says EF40 but tied for CC#7. Our grade is EF40. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; 1 finer in 61.
Estimated Value $10,000-UP.
Ex Norman Stack-Herman Halpern, Stack's 3/16/1988:104-Tony Terranova-R. E. (Ted) Naftzger, Jr., 1989 EAC Sale, lot 46-R. S. Brown, Jr., Superior 1/27/1996:99-unknown-Chris McCawley 2/2010-Paul Gerrie.

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Realized
$22,425
Lot 43
1794 S-72 R2 Exact Head of 1795 PCGS "Genuine, AU Details, Cleaning". Frosty steel and light olive. The color is attractive and appears natural in spite of the PCGS assessment. But there is a chance it was lightly cleaned long ago and has retoned naturally over the decades. The only marks are a thin diagonal nick close above the eye and a faint planchet lamination line that meanders through the cap down to the dentils left of the middle curls (as struck). E-MDS, Breen state II, with a fine die crack from the left top of the Y down to the right foot of the adjacent T and on to the browlock and hair. The reverse is uncracked. A nice example of the "Exact Head of 1794" variety. Graded EF40 and tied for CC#5 in the Noyes census, photo #39035. Bland says EF40 and tied for CC#6 in the Bland/Breen census. Our grade is EF40+, close to EF45. The attribution and Paul Gerrie provenance are shown on the PCGS label.
Estimated Value $7,500-UP.
Ex Henry C. Miller, Thomas Elder 4/1917:708-Hillyer Ryder 5/1945-Wayte Raymond 11/1945:74-Dr. William H. Sheldon-ANS-R. E. (Ted) Naftzger, Jr.-William C. Noyes (for the Naftzger family) 6/2001-Paul Gerrie (Note: This was one of the "switched-in" cents supposedly placed into the ANS collection by Dr. Sheldon. See the note regarding the ANS and Ted Naftzger, Jr., settlement at the end of the lot description for the 1794 S-36 and S-59 cents offered previously in this sale. Additional information regarding the ANS-Naftzger settlement is included at the end of lot #46 in our 6 September 2009 sale of the Daniel W. Holmes, Jr., collection.).

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Realized
$17,250
Lot 44
1795 S-76a/b R7 Thick Planchet with Plain Edge. PCGS graded VF-35. CAC Approved. Choice glossy medium brown. Great eye appeal with nearly flawless surfaces. A tiny pitmark or planchet chip in the field under the left edge of the first S in STATES is the only mark visible without a strong glass. LDS, Breen state IV early. Swelling in the obverse fields is just starting to appear, but it is faint. Weight 198.0 grains, which is much heavier than the 168 grain standard for the thin planchet, plain edge version (Sheldon-76b). Breen mentions that a few examples are known on these thick, heavy planchets with a plain edge. Breen classifies these as mint errors, which makes sense. However you wish to classify this cent, it is a beautiful example of an extremely rare "error/sub-variety." Removed from an ANACS slab graded VF30 (ANACS label included, and it includes the attribution as "S-76a No Edge Lett"). Our grade is VF25. The attribution is shown on the PCGS label with "Plain Edge on 12.76 Gram Planchet," and the Paul Gerrie provenance is listed as well.
Estimated Value $10,000-UP.
Ex Heritage 1/2005:7017-McCawley & Grellman Auctions/Goldbergs 2/1/2009:558-Paul Gerrie.

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Realized
$7,763
Lot 45
1795 S-76b R1 Plain Edge with ONE CENT High. PCGS graded AU-58. CAC Approved Plus. Glossy steel and frosty lighter chocolate brown. Just a few tiny contact marks, none notable. A small spot of darker toning under the ES in STATES can help identify this cent. MDS showing fine die flowlines on both sides and a hint of swelling in the obverse fields. Called AU55 Average Plus and tied for CC#15 in the Noyes census, photo #39229. Our grade is AU50. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; 2 finer, 1 in 62, 1 in 63.
Estimated Value $7,500-UP.
Ex Jim McGuigan 4/2002-Paul Gerrie.

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Realized
$10,350
Lot 46
1795 S-78 R1 Plain Edge with ONE CENT Centered. PCGS graded AU-58. CAC Approved. Frosty light olive brown and steel with traces of mint luster showing in protected areas. Nicely struck with just a hint of friction on the highest points. The only notable mark is a small puff of darker toning at the top of the cap. MDS, Breen state IV. There are numerous light die clashmarks visible on both sides but the top of the 5 is not crumbled to the truncation. Graded AU50 Average Plus and tied for CC#15 by Noyes, his photo #62007. Our grade is AU55. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; 3 finer, 2 in 62, 1 in 64.
Estimated Value $5,000-UP.
Ex Tom Reynolds 8/2001-Paul Gerrie.

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Realized
$8,050
Lot 47
1796 S-81 R3- Liberty Cap. PCGS graded AU-55. CAC Approved. Glossy light steel brown in protected areas blending to dark steel brown on the highpoints. No roughness or marks, only a bit of dirt hidden in some of the protected areas around the devices. Nicely struck except for the usual weakness at EN in CENT (which did not receive enough of the planchet metal thanks to the high profile of the opposing head). EDS, Breen state I, prior to the obverse die crack. Graded EF40 Average Plus and tied for CC#8 in the Noyes census, photo #39445. Our grade is VF35+, close to EF40. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 2; 1 finer in 63.
Estimated Value $10,000-UP.
Ex Denis Loring-Tom Reynolds 8/2002-Paul Gerrie.

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Realized
$17,250
Lot 48
1796 S-83 R4 Liberty Cap. PCGS graded MS-62 Brown. Glossy dark steel brown with lighter brown and chocolate toning covering about half of each side. The fields and protected areas are covered with frosty underlying mint luster. The only marks are a tiny splash of darker olive brown toning at the top of ER in LIBERTY and a small rim nick at the top of the cap plus another at NI in UNITED. Otherwise the surfaces are choice and the fields are slightly prooflike on both sides. MDS, Breen state II, with a die crack through the tops of ERTY to the rim at both ends. Called AU55 and tied for CC#1 honors in the Bland census. Noyes says AU55 net EF45 (reason for deduction not stated) and tied for CC#3, photo #25358. Our grade is AU55. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 2; none finer at PCGS. Tied for the Finest graded at the service .
Estimated Value $35,000-UP.
Ex Anderson Dupont, Stack’s 9/24/1954:112-Dorothy Paschal-Myles Z. Gerson-Charles E. Harrison (via Doug Bird) 5/1996-Dr. Phil Ralls 5/2/1997-Jack Wadlington (via Bob Grellman & Chris McCawley) 6/30/2005-Dan Holmes, McCawley & Grellman Auctions/Goldbergs 9/6/2009:136-Chris McCawley 2/2010-Paul Gerrie.

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Realized
$74,750
Lot 49
1797 S-135 R3+. PCGS graded MS-65 Brown. CAC Approved. Choice lustrous steel brown and light olive with tan faded down from mint color bleeding through in the protected areas on both sides. The only marks are a thin planchet line from the left edge of the L arcing down into the hair under LIB and a spot of slightly darker toning at the dentil tips left of the lower end of the hair ribbon. Otherwise this piece is near gem status. MDS, Breen state III, with a small chip out of the die over the C in AMERICA. Most likely from the famous Nichols Hoard of mint state early cents. Called MS63 and tied for CC#1 in the Noyes census, photo #62008. Our grade is MS63. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; the Finest graded at PCGS.
Estimated Value $15,000-UP.
Ex Jim McGuigan 9/2006-Paul Gerrie.

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Realized
$22,425
Lot 50
1797 S-138 R1. PCGS graded AU-58. CAC Approved. Frosty steel brown and chocolate with lighter steel brown and tan toning in protected areas. Excellent eye appeal with just a few minor marks. These include a faint hairline scratch along the jawline, a tiny nick close under the 1 in the denominator, a spot of darker toning under the N in UNITED, and a collection of tiny planchet chips around NE in ONE. MDS, Breen state III, showing a fine crack meandering from the base of the Y down into the field before the face, plus clear die clashmarks on the reverse and obvious swelling at ES-OF-A. Called AU50 Average Plus and tied for CC#8 in the Noyes census, photo #27839. Our grade is AU50. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; 1 finer in 64.
Estimated Value $5,000-UP.
Ex Tom Reynolds 5/2001-Paul Gerrie.

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Realized
$9,775



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