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Sale 77
The Missouri Cabinet
| Missouri Cabinet - Flowing Hair Half Cents |
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| Lot |
Photo |
Description |
Realized |
Lot 1 |
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1793 C-1 R3+. PCGS graded MS-65 Brown. Choice glossy light brown with generous traces of faded mint color peeking through in protected areas, especially on the reverse. The surfaces are flawless except for a few microscopic hairlines in the field near the dentils off the chin and some of the usual tiny planchet chips that did not completely strike out on the cheek and in the fields on both sides. The best identifying mark on this piece is a diagonal planchet chip under the 00 in the denominator. MDS, Manley state 2.0, as listed in The Half Cent Die State Book 1793-1857 by Ronald P. Manley, Ph.D. (the "Manley book"), with parallel die rust streaks in the field before the portrait. The fields display a bit of reflectivity where not affected by the die rust, especially on the reverse. The obverse is slightly misaligned to K-10 while the reverse is off center a bit to K-6, but the border beads are complete and bold around both sides. A beautiful half cent that offers outstanding eye appeal. Our grade is MS63+, very close to MS64. Arguably the finest known of what is considered to be the first die variety of half cent struck at the new the US Mint in July 1793. Both sides are plated on page 71 in Walter Breen's Encyclopedia of United States Half Cents 1793-1857 (the "Breen encyclopedia") to illustrate his die state II and listed first in the Breen/Hanson condition census shown on that same page. Plated on page 2 of the second edition of American Half Cents the "Little Half Sisters" by Roger S. Cohen, Jr. (the "Cohen book") to illustrate the variety. Weight 103.5 grains. The attribution and Missouri Cabinet provenance are shown on the PCGS label. PCGS population 1; the only MS attributed and graded by PCGS. (PCGS # 35003) .
Estimated Value $250,000-UP.
Ex Frederick Reed "F. R." Alvord 11/1/1923-Alvord Estate, Samuel Hudson "S. H." Chapman 6/9/1924:8 (Plate 1) $68.00-Henry Chapman (privately)-Howard Rounds Newcomb (valued by Newcomb at $32.50) 1935 (privately)-B. Max Mehl 1935 (Mehl purchased the entire half cent collection of Howard R. Newcomb in 1935, advertised it for sale on page 814 in the November 1935 issue of The Numismatist, and sold the collection intact to E. H. R. Green)-"Colonel" Edward Howland Robinson "E. H. R." Green 6/8/1936-Green Estate (appraised by Frederick Charles Cogswell "F. C. C." Boyd for the Green Estate at $15.00 on 8/9/1937) sold in April 1943 for $30.01-Burdette G. Johnson and Eric P. Newman partnership (hereafter called "the Newman/Johnson partnership." Johnson received this coin when he and Newman divided up the half cents from the Green purchases.)-Burdette G. Johnson, 2/2/1947-Burdette G. Johnson Estate, 12/15/1948 (valued at $125.00)-later-Charles J. duPont-Anderson Dupont (duPont) Sale, Part II, Stack's 11/11/1954:1029 ($675.00)-Harold Shaw Bareford 4/10/1978-William J. Bareford (son) 6/8/1984 (via Julius M. "Jules" Reiver)-R. Tettenhorst-Missouri Cabinet (Mocab 93.1.3).
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| Realized
$379,500 |
Lot 2 |
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1793 C-1 R3+. PCGS graded VF-35 Brown. Blundered Edge. Slightly sharper with traces of very light roughness mixed with fine reddish patina in the fields and protected areas on the lower half of the obverse. Otherwise the planchet is a nice glossy medium brown with smooth, attractive surfaces except for a couple small planchet voids in the field off the lowest curl and at the L in LIBERTY, as struck. Scarce LDS, Manley state 3.0, with a strong rim cud break over F-AME. Examples with the cud break seldom come in high grades, a fact noted by Breen on page 71 in his encyclopedia. In addition, the edge lettering is blundered with the T in TWO where the R in DOLLAR should be resulting in an edge reading DOLLATWO HUNDRED FOR A. Edge blunders such as this occurred when the operator of the Castaing machine failed to reset the device to the proper starting (null) position before adding the edge letters. Our grade is VF20. Weight 104.6 grains. The attribution and Missouri Cabinet provenance are shown on the PCGS label. PCGS population 1; 3 finer for the die variety. (PCGS # 35003) .
Estimated Value $10,000-UP.
Ex James R. McGuigan 4/27/1982-R. Tettenhorst-Missouri Cabinet (Mocab 93.1.2).
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| Realized
$13,800 |
Lot 3 |
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1793 C-2 R3. PCGS graded MS-62 Brown. Attractive glossy chocolate brown with hints of steel blue overtone in protected areas of the obverse. This piece offers excellent eye appeal with just a hint of friction on the highest points of the design. The notable defects are a microscopic planchet lamination in the field right of the bottom edge of the cap and a very thin diagonal planchet fissure slanting through the 3 in the date to the field before the mouth where it fades out. The only contact marks worthy of mention are a thin nick above IB in LIBERTY, a faint diagonal scratch through the upper lip, and another from close above the 3 to the lowest curl. A piece with excellent eye appeal in spite of the minor imperfections. Late die state with extensive die rust in the obverse fields. The reverse is rotated 45 degrees clockwise from a perfect head-to-foot die orientation, which is not uncommon for this variety. The obverse die is very slightly misaligned to K-5.5 while the reverse is properly centered on the planchet. Our grade is AU50+. The attribution and Missouri Cabinet provenance are shown on the PCGS label. PCGS population 1; the only MS graded for the die variety. (PCGS # 35006) .
Estimated Value $35,000-UP.
Ex Joseph S. Brobston, Stack's Fixed Price List No. 69, January 1963 (listed for $1,600)-unknown-Bowers & Merena 3/10/2005:29-Denis W. Loring 4/10/2008-R. Tettenhorst-Eric P. Newman Numismatic Education Society (EPNNES)-Missouri Cabinet (Mocab 93.2.7).
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| Realized
$63,250 |
Lot 4 |
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1793 C-3 R3. PCGS graded MS-65 Brown. CAC Approved. Very attractive lustrous light steel brown with 5% of the mint red remaining on the obverse, 10% on the reverse. An outstanding 1793 Half Cent that offers superb eye appeal. The only defects, and they are trivial, are a very shallow planchet flake near the dentils right of the top of the cap and a few microscopic planchet chips in the field behind the portrait (all as struck), plus a small rim nick at the A in STATES. MDS showing fine die rust at TES in STATES into the upper right part of the wreath. Both sides are centered on the planchet. This piece is extensively plated in the Breen encyclopedia, including on page 43 to illustrate the uncirculated grade, page 68 to show the edge lettering, page 76 where the large photos illustrate the Cohen-3 die variety, and at the top of the first color plate at the back of the book. Walter Breen had access to most of the finest pieces available, and it is easy to see why he chose this piece for his color plate. Our grade is MS64. Weight 103.3 grains. The attribution and Missouri Cabinet provenance are shown on the PCGS label. PCGS population 1; the finest graded for the variety. (PCGS # 35009) .
Estimated Value $200,000-UP.
Ex Douglas Weaver Rare Coin Co., 1/12/1972-George W. "Hank" Rodgers 3/27/1972-R. Tettenhorst-EPNNES-Missouri Cabinet (Mocab 93.3.1).
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| Realized
$718,750 |
Lot 5 |
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1793 C-3 R3. PCGS graded MS-64+ Brown. CAC Approved. Choice lustrous bluish steel brown with 10% of the mellowed mint red remaining on the reverse. Frosty and virtually flawless except for a very fine horizontal planchet fissure through the bottoms of the 79 ending at the dentils just left of the date (as struck). The central reverse is covered with fine die rust, as usual on this variety. Sharply struck and nicely centered on the planchet. The edge lettering is blundered reading "TWO HUNIRED FOR A DOLLAR". Plated on page 76 in the Breen encyclopedia to illustrate his die state III. Fabulous eye appeal for a 1793 half cent. Our grade is MS63+. Weight 101.8 grains. The attribution and Missouri Cabinet provenance are shown on the PCGS label. PCGS population 1; 1 finer of the variety in 65BN (the preceding coin) (PCGS # 35009) .
Estimated Value $175,000-UP.
Ex Charles Morris, S. H & H. Chapman 4/19/1905:857 (plated in error as lot 897) $28.00-Allison W. Jackman October 1917-Jackman Estate, Henry Chapman 6/28/1918:851 (Plate 5) $52.00-Virgil M. Brand-unknown-Howard Rounds Newcomb (valued by Newcomb at $35.00) 1935 (privately)-B. Max Mehl 1935 (privately)-Col. E. H. R. Green 6/8/1936-Green Estate (appraised by the Estate at $50 on 8/9/1937), sold in April 1943 for $60.01-the Newman/Johnson partnership-Eric P. Newman-EPNNES November/December 1980-Missouri Cabinet (Mocab 93.3.2).
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| Realized
$345,000 |
Lot 6 |
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1793 C-4 R3. PCGS graded MS-66 Brown. CAC Approved. Lustrous frosty steel brown with attractive bluish steel overtones. Underlying faded mint red shows in protected areas on both sides. This piece offers superb eye appeal. The Breen encyclopedia describes it using phrases such as "Fully lustrous" and "magnificent full cartwheel." The only defect is an extremely faint horizontal pre-striking hairline in the planchet passing from the tip of the second curl below the cap to the border beads at the right. Sharply struck MDS, Manley state 2.0, with a tiny rust lump on top of the 7. The reverse is a flawless gem and very sharply struck showing the veins in every leaf. The obverse is nicely centered on the planchet but the reverse is noticeably off center to K-4 leaving some of the border beads close to the edge. Plated in the Breen encyclopedia to illustrate the variety (the large photos on page 78) and listed in the Breen/Hanson condition census on the following page. Also plated on page 4 of the second edition of the Cohen book to illustrate the die variety. Our grade is MS64+, very close to MS65. Weight 99.8 grains. The attribution and Missouri Cabinet provenance are shown on the PCGS label. PCGS population 1; finest graded of the variety and tied with one other piece for the finest 1793 half cent graded at PCGS, regardless of the die variety. (PCGS # 35012) .
Estimated Value $300,000-UP.
Ex George H. Earle, Jr., Henry Chapman 6/25/1912:3598 (Plate XXXVIII) $35-Clarence S. Bement, Henry Chapman 5/29/1916:413 (plated) $35-S. H. Chapman-Dr. Christian A. Allenburger, B. Max Mehl 3/23/1948:311-Philip M. Showers, Stack's 1969 (privately)-Willis Harrington duPont-Fred S. "Freddy" Werner 2/1976-Superior Stamp and Coin Company, Inc., 2/1976-Joe Flynn and Son Rare Coins, Inc. (Joseph S. Flynn, Jr.) 4/20/1976 (privately)-R. Tettenhorst-EPNNES-Missouri Cabinet (Mocab 93.4.1).
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| Realized
$920,000 |
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