Goldberg Coins and Collectibles



Sale 78

January Pre-Long Beach Sale 17.5% BP


Draped Bust Cents
 
 
Lot Photo Description Realized
Lot 408
1796 S-92 R3 Draped Bust AG3+. Clipped Planchet. Glossy light olive and chocolate brown. Smooth surfaces, just worn. A pinprick at the top of the 9 in the date is the best identifying mark. The bottom edge of the date is starting to wear into the rim but it is easily readable. Most of the legends are easily readable but portions are weak or worn smooth. A minor planchet clip is located opposite the neck and over the M in AMERICA.
Estimated Value $100-UP.
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Realized
$470
Lot 409
1796 S-92 R3 Draped Bust AG3. Glossy light to medium chocolate brown. No roughness or verdigris, only trivial contact marks including several very light but fresh ticks left of the eye. Nice for the grade. The upper half of the date is readable but the lower half is worn into the rim. Most of the legends remain visible.
Estimated Value $75-UP.
Ex Pierre Fricke.

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Realized
$165
Lot 410
1796 S-93 R3 Draped Bust. PCGS graded MS-64 Brown. CAC Approved. Choice glossy uniform medium chocolate brown with peeps of lighter reddish brown faded down from mint red in protected areas on both sides. A gorgeous large cent, called an "Incredible Gem" by Dr. Ralls and "One of the Great Large Cents" by Del Bland. The only marks are so trivial as to be hardly worthy of mention, but a thin diagonal planchet void just left of the eye can help identify this cent. MDS, Breen state VI, with an irregular cud break at CA in AMERICA and a very thick die crack connecting the tops of RIC. Called MS60 and tied for CC#3 honors in the Bland census; Noyes photo #24081. Our grade is MS62. And it comes with an impressive provenance. The attribution and Ralls provenance are noted on the PCGS label. PCGS population 1; none finer. The only MS example graded by PCGS for the variety. (PCGS # 35816) .
Estimated Value $20,000-UP.
Ex Dr. Edward Maris, Harlan P. Smith 6/1886:274-Benjamin H. Collins-General Walter D. McCaw, Thomas L. Elder 11/1930:1899-James G. Macallister-Henry A. Sternberg, J. C. Morgenthau & Co. #305, 4/1933:15-Henry A. Sternberg-J. C. Morgenthau & Co. (privately) 2/4/1939-Judge Thomas L. Gaskill, New Netherlands Coin Co. (privately) 11/1956-Dorothy Paschal 7/1975-Ellen Enzler, Numismatic & Antiquarian Service Corporation of America 12/6/1978:2605 (lot ticket included)-Ellen Enzler-Del Bland-Dr. Philip W. Ralls.

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Realized
$91,063
Lot 411
1796 S-93 R3 Draped Bust VG7. Attractive glossy light chocolate brown with subtle overtones of light bluish steel. The planchet is smooth and there are only a few trivial contact marks. Very nice for the grade. MDS, Breen state V, with severe die cracks and clashmarks at RICA and the fraction and a sunken retained cud over RIC. The date and legends are clear.
Estimated Value $600-UP.
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Realized
$1,293
Lot 412
1796 S-97 R3 Draped Bust G5. A bit sharper but covered with very tiny contact marks, none distracting but too many for the grade. A vertical nick up from the junction of the N & E in ONE is a good identifying mark. Rather glossy chocolate brown and steel. EDS, before any die cracks. The date and legends are strong except for LIBERTY, which is weaker.
Estimated Value $150-UP.
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Realized
$294
Lot 413
  Trio of 1796 Draped Bust Cents. Includes S-98 R4 G6 net AG3 for a dent and fine granularity, S-99 R5 AG3 net Basal State-1 for significant dents, and an unattributed piece grading Basal State-1 due to heavy wear. All have a readable date. Lot of 3 coins.
Estimated Value $200-UP.
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Realized
$270
Lot 414
1796 S-100 R5 Draped Bust VG10. Sharpness VF35 with areas of minor roughness and pits on both sides plus additional roughness around the edge. A strong diagonal nick on the throat is the only significant contact mark. Lightly burnished and retoned glossy chocolate brown and steel. E-MDS, Breen state II, with light die clashmarks on both sides. The date and legends are strong.
Estimated Value $500-UP.
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Realized
$588
Lot 415
1796 S-101 R5- Draped Bust G6. Several points sharper but covered with uniform very fine roughness. No verdigris, and the only marks are some old scratches hidden in the toning on the left side of the reverse. Slightly glossy dark olive brown and steel. The date and legends are complete and clear.
Estimated Value $250-UP.
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Realized
$517
Lot 416
  Trio of 1796 Draped Bust Cents. Includes S-102 R4 EDS G4 net AG3 for light granularity, S-104 R3 LIHERTY Obverse G5 net Fair-2 for scratches and roughness (but the LIHERTY error is clear), and S-106 R4+ G6 net AG3+ for fine granularity. The date is clear on the S-102 and S-106, weak on the S-104. Lot of 3 coins.
Estimated Value $500-UP.
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Realized
$793
Lot 417
1796 S-103 R4+ Draped Bust with LIHERTY Obverse Fair-2+. The obverse is AG3, the reverse weaker. Glossy medium chocolate brown. No roughness, but there is an "X" scratched into the bust. The date is starting to wear into the rim but it remains easily readable, and the LIHERTY error is clear.
Estimated Value $100-UP.
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Realized
$235
Lot 418
1796 S-104 R3 Draped Bust with LIHERTY Obverse VG8. A couple points sharper with very fine roughness in the fields and protected areas. No marks or verdigris. Rather glossy chocolate brown and steel. EDS, Breen state I. The reverse die is uncracked and is rotated 30 degrees CCW. The date and legends are clear, and the LIHERTY feature is strong (created by a B over an inverted B). A decent example of this popular "Redbook" variety.
Estimated Value $800-UP.
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Realized
$1,410
Lot 419
  Pair of 1796 Draped Bust Cents, both Rare Varieties. Includes S-105 R5- G6 net AG3 for light corrosion, and S-107 R5 EDS VG7 net Fair-2 for moderate corrosion. The date is clear on the S-105, weak on the S-107. Lot of 2 coins.
Estimated Value $300-UP.
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Realized
$353
Lot 420
1796 S-108 R4 Draped Bust G6. Very slightly sharper but there are a few rim bruises on both sides and a trio of tiny scratches on the throat. Glossy light olive brown with smooth surfaces. EDS. The date and legends are clear.
Estimated Value $200-UP.
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Realized
$423
Lot 421
1796 S-109 R3 Draped Bust G6. Sharpness F12 with a half dozen rim dents on each side plus a dent on TE in STATES. Most of the planchet is smooth but there are a couple areas of minor roughness. Slightly glossy light to medium chocolate brown. The date is clear and the legends are complete.
Estimated Value $150-UP.
Ex Pierre Fricke.

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Realized
$259
Lot 422
1796 S-109 R3 Draped Bust AG3. Glossy chocolate brown. The obverse is G4 while the reverse is considerably weaker and grades only Fair-2. The date is bold. This is the discovery coin for the latest die state, Breen state V. The lump under E in UNITED is large, the crack through the T in LIBERTY is strong, and the central part of the reverse is buckled. Called AG3+ by Del Bland. Noyes photo #24224.
Estimated Value $100-UP.
Ex Dr. Philip W. Ralls.

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Realized
$259
Lot 423
  Trio of 1796 Draped Bust Cents. Includes S-109 R3 VG8 net AG3 for moderate corrosion, S-110 R3 LDS with a rim cud at RTY VG7 net AG3 for light corrosion, and S-115 R3 MDS Breen state IV G5 net AG3 for light granularity. All have a readable date. Lot of 3 coins.
Estimated Value $200-UP.
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Realized
$470
Lot 424
  Trio of 1796 Draped Bust Cents, all Rare Varieties. Includes S-111 R5- AG3, S-112 R4+ AG3, and S-116 R5- EDS VG7 net AG3 for light corrosion. All are glossy olive brown or chocolate and have a clear date. Lot of 3 coins.
Estimated Value $200-UP.
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Realized
$646
Lot 425
1796 S-114 R5- Draped Bust VG7. A few points sharper with uniform very fine roughness under slightly glossy dark steel and olive brown toning. No verdigris or contact marks. The date and legends are clear. E-MDS, Breen state II.
Estimated Value $500-UP.
Ex 2011 EAC Sale, McCawley & Grellman Auctions 5/14/2011:172-McCawley & Grellman Auctions/Goldbergs 1/31/2012:198 (lot ticket included).

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Realized
$852
Lot 426
1796 S-114 R5- Draped Bust Fair-2. Sharpness near VG8 where the designs were properly struck up, but the impression was uneven with significant weakness on the lower half of the obverse and top of the reverse. The planchet is covered with light roughness under slightly glossy dark olive brown and steel toning. No verdigris or marks. Very rare LDS, Breen state IV, with a large cud break connecting TY to the rim in addition to the earlier narrow rim cud left of the L. The cud break is bold but the date is gone due to the weak strike in that area.
Estimated Value $150-UP.
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Realized
$400
Lot 427
1796 S-117 R5+ Draped Bust AG3+. Sharpness VG7 but the obverse is covered with uniform very fine granularity while the reverse is moderately corroded. No verdigris. The only marks are two old scratches from the neck to the rim at the bust tip. Dark steel and olive with lighter chocolate toning on the highpoints. EDS. The date is complete and clear.
Estimated Value $150-UP.
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Realized
$423
Lot 428
1796 S-119 R3 Draped Bust. PCGS graded MS-63 Brown. CAC Approved. Choice frosty medium steel brown and light chocolate. Hints of very faded mint red remain in protected areas, especially on the reverse. No spots, stains, or contact marks. Essentially as struck. The only defects are some of the usual microscopic planchet chips scattered over the portrait and in the field to the left, but there are far fewer than normally seen on this variety. This example is clearly superior to the Breen plate coin, which shows far more planchet chips. Nicely struck E-MDS, Breen state II, with sharp die clashmarks on both sides but no crumbling in the dentils at TAT in STATES. Called MS61 and "Among the better ones seen" by Del Bland. Most likely from the famous Nichols Hoard of mint state early cents that was disbursed before 1863. Researchers have traced the hoard to a bag of cents purchased directly from the mint in 1797 by Benjamin Goodhue, a former member of the Continental Congress. A descendant of Goodhue, David Nichols, distributed the cents at face value, possibly as many as 1000 pieces. The hoard included 1796 S-119, 1797 S-123, and 1797 S-135 die varieties (all three of which are represented in this sale of the Ralls collection). Our grade is MS62+, close to MS63. The attribution and Ralls provenance are shown on the PCGS label. PCGS population 3; 1 finer in 64. (PCGS # 35870) .
Estimated Value $10,000-UP.
Ex Morris Geiger-Louis Helfenstein, Lester Merkin 8/1964:9-Art Lovi, Stack's 9/1968:9-unknown-1971 ANA Sale, Stack's, lot 8-unknown-Stack's 4/1983:1037-John Whitney-Eric Streiner 7/7/1992-Dennis Mendelson 4/23/1993 (via Tom Reynolds)-Dr. Philip W. Ralls.

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Realized
$21,738
Lot 429
1796 S-119 R3 Draped Bust G4. A couple points sharper but there are many small contact marks on each side including a half dozen small rim dents. None of these marks is especially distracting but there are far too many for the sharpness grade. Glossy medium chocolate brown. MDS. The date and legends are strong.
Estimated Value $150-UP.
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Realized
$294
Lot 430
1797 S-120a R3 Reverse of 1796, Plain Edge. NGC graded AU-55 Brown. Glossy light greenish olive and chocolate brown with overtones of sea-green covering both sides. Smooth and attractive. The only marks are a tiny nick on the lower lip and a couple small planchet flakes at NE in ONE (as struck). MDS, Breen state III, with minor crumbling on the profile and a fine die crack through the top of LI in LIBERTY. The top of the I in LIBERTY remains uncrumbled. Called AU50 Choice and CC#2 in the Noyes census, his photo #20947. Bland says AU50 and CC#3. This is the plate coin for the variety in the Breen encyclopedia and the obverse is plated in Sheldon's Early American Cents. An important example of the Reverse of 1796 type. Our grade is EF45. Comes with a nice provenance. The attribution is noted on the NGC label. NGC population 1; none finer at NGC, and the second finest graded is only VF.
Estimated Value $7,500-UP.
Ex Howard R. Newcomb, J. C. Morgenthau & Co., 2/7/1945:133-James Kelly-E. A. Rice-Thomas P. Warfield, Associated Coin Auction Co. 10/28/1955:232-Dorothy Paschal 1972-R. S. Brown, Jr., Superior 9/30/1986:166 (lot ticket included)-Darwin B. Palmer, Jr. 11/10/1986-Doug Bird 8/15/1995-Dr. Philip W. Ralls.

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Realized
$36,425
Lot 431
1797 S-120b R2 Reverse of 1796, Gripped Edge. PCGS graded AU-58. CAC Approved. Glossy medium brown and chocolate with frosty light brown in protected areas and darker steel brown on the highpoints. No contact marks, just a hint of rub on the highest points from mint state. A small stain of slightly darker chocolate toning at ST in STATES is the best identifying mark. M-LDS, Breen state V, with crumbling on the profile. The Gripped Edge feature is obvious, even in the slab. Called AU55 and tied for CC#2 in the Bland census. Noyes says AU55 net EF45 (no reason noted for the difference) and tied for CC#5, his photo #24044. Our grade is AU50+. The attribution and Ralls provenance are noted on the PCGS label. PCGS population 1; none finer. (PCGS # 35900) .
Estimated Value $7,500-UP.
Ex George M. Andrus, United States Coin Co. 1/1915:153-Henry C. Hines-Dr. William H. Sheldon-Dorothy Paschal-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/1973:436 (as MS60)-First Coinvestors-Pine Tree Auction Company 2/1975:683-First Coinvestors-Pine Tree Auction Galleries 10/1976:220-unknown-Harmer Rooke Numismatists, Ltd. 9/1980:52-Mike Brownlee 1/1981-Dr. Philip W. Ralls.

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Realized
$15,275
Lot 432
1797 S-120b R2 Reverse of 1796 with Gripped Edge F12. Sharpness VF20 but there are several dull rim nicks on the right side of the obverse and reverse plus an obvious punch mark under the fraction. Otherwise the surfaces and eye appeal are quite nice. Chocolate brown and steel. MDS, Breen state III, with some crumbling on the profile. The "Gripped Edge" feature is obvious.
Estimated Value $300-UP.
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Realized
$588
Lot 433
  Trio of 1797 Cents with Reverse of 1796. Includes S-120a R3 Plain Edge G5, S-120b R2 Gripped Edge G5, and S-121b R3- Gripped Edge VG7 net G5 because the grip marks were smoothed off to create the rare "Plain Edge" variety (S-121a). All have a clear date. Lot of 3 coins.
Estimated Value $150-UP.
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Realized
$423
Lot 434
1797 S-121b R3- Reverse of 1796 with Gripped Edge VG10. Glossy chocolate brown and darker steel. No roughness or verdigris. A couple small nicks on the leaf over the O in ONE are the only notable defects. M-LDS, Breen state V, with strong die cracks in the field left of the curls. The date is bold and the legends are clear.
Estimated Value $250-UP.
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Realized
$676
Lot 435
  Trio of Large Cents, 1797 & 1798. Includes 1797 S-121b Gripped Edge G6, 1797 S-140 VG7 net G5 for minor roughness, and 1798 S-173 AG3. All have an easily readable date. Lot of 3 coins.
Estimated Value $150-UP.
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Realized
$317
Lot 436
  Trio of 1797 Cents, all Rare Varieties. Includes S-122 R5+ MDS G4 net Basal State-1 for corrosion, another that appears to be NC-2 which is R6 grading Basal State-1 for heavy wear that makes the attribution uncertain, and S-125 R5 LDS Fair-2. The date is weak but readable on the first 2, gone on the last due to severe swelling associated with the late die state. Lot of 3 coins.
Estimated Value $250-UP.
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Realized
$259
Lot 437
1797 S-123 R4. PCGS graded MS-64 Brown. CAC Approved. Choice frosty light steel brown with darker steel brown toning on the highest points of the designs. A beautiful cent, essentially as struck, and it offers outstanding eye appeal. The only "defects" are microscopic planchet chips, mostly on the portrait and in the field to the left. M-LDS, Breen state III, with a tiny rim break in the dentils over TA in STATES. A premium example of this "Nichols Hoard" variety (see the 1797 S-123 in this sale for a brief description of this hoard). Called MS63 Choice and tied for CC#1 honors in the Noyes census, his photo #35235. Bland says MS63 but tied for CC#4. Our grade is MS63. The attribution and Ralls provenance are shown on the PCGS label. PCGS population 1; none finer. (PCGS # 35909) .
Estimated Value $7,500-UP.
Ex Garrett Collection, Bowers & Ruddy 11/28/1979:85-unknown-1997 EAC Sale, 4/19/1997:133 (lot ticket included)-Dr. Philip W. Ralls.

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Realized
$17,625
Lot 438
1797 S-124 R5+. PCGS graded VF-25. Attractive glossy light chocolate and steel brown with lighter brown toning in protected areas. No roughness or verdigris, only minor contact marks consistent with the grade. The best identifying mark is a shallow planchet flake on the right top of the N in CENT. M-LDS, Breen state VI early. There is obvious swelling at OF and at the top of the second S in STATES in addition to the clear die clashmarks on the obverse. Called F15 Choice and CC#1 in the Noyes census, his photo #21327. Del Bland says F15 but tied for CC#2 in his census behind a sharper but porous example. Our grade is F15+, close to VF20. This is the Noyes plate coin for the variety in his book on the early date cents. The attribution and Ralls provenance are shown on the PCGS label. A very important cent and it comes with an impressive provenance. Pop 1; none finer at PCGS for the variety. (PCGS # 35912) .
Estimated Value $5,000-UP.
Discovered in England-New Netherlands Coin Co. #50, 12/7/1957:1042-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/14/1973:440 (lot ticket included)-William R. T. Smith-Denis Loring-C. Douglas Smith-Jack Beymer 3/1984-Jack Robinson, Superior 1/29/1989:236 (lot ticket included)-J. R. Frankenfield (in trade for 5 incredible middle and late date cents)-Dr. Philip W. Ralls.

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Realized
$14,100
Lot 439
  Trio of 1797 Cents. Includes S-125 R5 M-LDS VG7 net AG3 for granularity, S-126 R3 EDS VF25 net G5 for scratches and corrosion, and S-127 R4 MDS VG7 net G4 for granularity. All have a readable date. Lot of 3 coins.
Estimated Value $200-UP.
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Realized
$200
Lot 440
1797 S-126 R3. PCGS graded AU-55. Choice glossy medium chocolate brown with darker steel brown toning on the highpoints and frosty lighter brown in protected areas. This cent offers outstanding eye appeal and is essentially flawless. The only "defects" are some microscopic pre-striking planchet chips on the neck and in the center of the reverse. MDS, Breen state V. The obverse has several obvious die cracks, including a strong one from the rim to the throat, but the bulge surrounding the strong crack is not yet severe. Called AU50 and tied for CC#3 in the Bland and Noyes census lists, Noyes photo #24249. Our grade is AU50. The attribution and Ralls provenance are shown on the PCGS label. Pop 1; 2 finer in 58. (PCGS # 35918) .
Estimated Value $5,000-UP.
Ex George M. Andrus, United States Coin Co. 1/1915:152-Henry C. Hines-Dr. William H. Sheldon-Dorothy Paschal 1972-R. S. Brown, Jr., Superior 9/30/1986:180 (lot ticket included)-Dr. Philip W. Ralls.

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Realized
$19,388
Lot 441
1797 S-126 R3 VG10. Mostly glossy steel brown and chocolate with darker chocolate brown toning in protected areas. No notable defects. The date is strong and the legends are clear. M-LDS, Breen state V late. The crack from the rim to the throat is stronger and thicker than on the previous lot. Graded VG10 by Del Bland.
Estimated Value $200-UP.
Ex Worthy Coin Co.-Dr. Philip W. Ralls.

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Realized
$823
Lot 442
1797 S-126 R3 VG8. Slightly sharper with extremely faint roughness covering the fields and protected areas. No verdigris and the only marks are a couple very light rim bruises, the strongest of these at BE in LIBERTY. Glossy chocolate and olive brown with lighter brown toning on the devices and traces of reddish brown in some of the protected areas. MDS, Breen state IV late, with a strong die crack from the rim to the throat. The nose was clogged by debris when this cent was struck giving Ms Liberty an odd profile.
Estimated Value $150-UP.
Ex Pierre Fricke.

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Realized
$270
Lot 443
1797 S-127 R4 G4+. The obverse is slightly better while the reverse is weaker. Glossy medium brown and light chocolate. The only mark is an obvious rim nick just left of the first A in AMERICA. Very late die state, Breen VI, with vertical die cracks in the fields on both sides of the portrait and obvious swelling at D-STATES and F-A. Called G5 by Del Bland. Comes with a nice provenance for such a modest-looking cent.
Estimated Value $100-UP.
Ex Brigandi Coin Co. 5/1972-Ray Chatham-R. S. Brown, Jr., 1985 EAC Sale 4/13/1985:141-Jack Robinson, Superior 1/29/1989:247-Dennis Mendelson, Superior 2/3/1991:691 (lot ticket included)-Dr. Philip W. Ralls.

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Realized
$270
Lot 444
1797 S-128 R3 EF40+. Variety with M over E in AMERICA. Choice glossy chocolate brown and steel with traces of very faded mint color peeking through in protected areas on the reverse. No hint of roughness or verdigris and only a few minor contact marks. The notable ones are a light nick in the field near the dentils opposite the tip of the nose and another at the left top of the O in OF. M-LDS, Breen state VII. The die cracks on the obverse are strong and the reverse die is slightly misaligned to K-6. The M over E error is obvious. Called EF40 and tied for CC#7 honors in the Bland census. Noyes says EF40 as well but tied for CC#6, his photo #24242. Comes with a nice provenance.
Estimated Value $3,000-UP.
Ex Charles J. DuPont, Anderson Dupont Sale, Stack's 9/1954:161-Doris E. Nelson, the "TAD" sale, Stack's 2/1976:33-Tom Morley, Cape Kennedy Medals 7/1976:160-Jerry A. Bobbe-C. Douglas Smith-Larry Whitlow (Ford City Coins)-Frank Simon-Ray Kelly-1979 MANA Sale, Kagin's #317, 10/19/1979:945 (lot ticket included)-Dr. Philip W. Ralls.

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Realized
$3,760
Lot 445
1797 S-128 R3 VG7. Variety with M over E in AMERICA. A few points sharper but covered with very light granularity under rather glossy olive brown toning. No marks or verdigris. M-LDS with strong die cracks on the obverse. The date and legends are clear and the M Over E feature is obvious.
Estimated Value $100-UP.
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Realized
$294
Lot 446
1797 S-129 R5 G5. Variety with M over E in AMERICA. Very slightly sharper with a pit or planchet void on the rim over NI in UNITED and a small rim bruise at RT in LIBERTY. The surfaces are decent but there are traces of extremely fine roughness in the fields and protected areas. Rather glossy olive brown and steel. The date and legends are complete and clear, including the M over E feature. An acceptable example of this very tough variety.
Estimated Value $300-UP.
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Realized
$734
Lot 447
1797 S-130 R2. PCGS graded AU-58. CAC Approved. Very attractive glossy tan and light brown with darker steel brown and chocolate toning on the highpoints. Hints of very faded mint color can be found on the reverse. A choice cent that offers outstanding eye appeal. According to Dr. Ralls' note on his collection envelope, this cent offers "choicest possible color, a gem circ in the condition census." Denis Loring added on his envelope "this cent is just too perfect." The best identifying mark is a very light rim bruise at RI in AMERICA. MDS, Breen state III. The die cracks near the dentils behind the head are strong but the section between them is not fully raised. Called AU50 and tied for CC#4 in the Bland census. Noyes says AU55 net EF45 (reason for the deduction unknown) and tied for CC#3, his photo #23946. Our grade is AU50. The attribution and Ralls provenance are shown on the PCGS label. Pop 1; 1 finer in 62. (PCGS # 35930) .
Estimated Value $3,000-UP.
Ex Fred Werner 1982-Kenneth Goldman 1982-Denis Loring 1984-Dr. Philip W. Ralls.

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Realized
$15,863
Lot 448
1797 S-130 R2 F12. Sharpness VF20 but the obverse is covered with microscopic roughness, strongest in the field behind the portrait. No marks or verdigris. Recolored a rather glossy dark olive brown and steel mixed with some lighter chocolate tones on the reverse. The internal cud break behind the head is strong.
Estimated Value $300-UP.
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Realized
$517
Lot 449
1797 S-131 R2 Stemless Reverse PCGS graded XF45. A very attractive cent, but there is a short scratch hidden near the leaves under ERI in AMERICA. Otherwise this cent is choice and the eye appeal remains excellent. Glossy chocolate and olive brown. M-LDS, Breen state IV. The crack behind the head is bold and two lighter vertical cracks are visible in the field before the portrait. Called VF35 and tied for CC#5 in the Bland census. Noyes says EF40 net VF30 and tied for CC#7, his photo #24196. Our grade is VF35+. Either way this is an important example of the popular "Stemless Wreath" type. The attribution, Stemless Wreath feature, and Ralls provenance are shown on the PCGS label. Pop 1; 1 finer in 55. (PCGS # 35981) .
Estimated Value $3,000-UP.
Ex A. H. Baldwin & Sons (London)-New Netherlands Coin Co #56, 6/1962:489-William E. Florence-Fred Ouellette-Denis Loring-J. R. (Bob) Grellman, Jr. 1982-Doug Bird-Dr. Philip W. Ralls.

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Realized
$6,756
Lot 450
1797 S-131 R2 Stemless Wreath G5+. Glossy chocolate brown with slightly lighter steel brown toning covering the devices. No notable defects, only minor contact marks consistent with the grade. Extremely rare terminal die state, Breen state V, with a large, shallow retained cud break along the right side of the obverse. The only other example in this die state known to Del Bland is housed in the ANS Museum Collection. Called G5 by Del Bland; Noyes photo #24135.
Estimated Value $200-UP.
Ex Dr. Charles Ruby, Superior 2/1975:124-Robert E. Vail-Dr. Philip W. Ralls.

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Realized
$517
Lot 451
  Quartette of 1797 Cents. Includes S-131 R2 Stemless Wreath M-LDS VG8 net G6 for nicks, S-137 R2 LDS G4, S-140 R1 LDS G4, and S-141 R4 LDS VG10 net G4 for light corrosion. All have a readable date, but swelling weakens the 97 on the S-140. Lot of 4 coins.
Estimated Value $150-UP.
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Realized
$329
Lot 452
1797 S-132 R5+ Stemless Wreath VF30. At least five points sharper, especially on the obverse, but there are too many light marks for the higher grade. The notable ones are a small planchet chip in the hair at the back of the head (as struck), a fine vertical scratch along the right edge of the E in STATES, and a small dig just right of the adjacent S. Glossy mix of medium chocolate and lighter chocolate brown. LDS, Breen state II, with at least 5 dentils fused by a rim break over IC in AMERICA. The obverse of this cent is plated in Early American Cents and Penny Whimsy, and both sides are plated in the Breen encyclopedia to illustrate the die variety. Graded VF35 net VF30 by Del Bland and CC#2 in his census. Noyes says VF35 net VF25 and CC#2, his photo #24286. A very important cent that comes with a great provenance.
Estimated Value $7,500-UP.
Ex Howard R. Newcomb, J. C. Morgenthau #458 2/1945:157-Judge Thomas L. Gaskill 1945-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr. 2/1975-Denis Loring-R. S. Brown, Jr., Superior 9/30/1986:188 (lot ticket included)-Dr. Philip W. Ralls.

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Realized
$10,575
Lot 453
1797 S-132 R5+ Stemless Wreath ANACS graded VG10. Slightly glossy dark steel and olive brown. The surfaces are a bit dull thanks to uniform extremely faint granularity. No verdigris or notable marks. The date is weak but readable while the legends are complete and clear. The Stemless Wreath feature is obvious. Our grade is VG8 sharpness net G6. The attribution is noted on the ANACS label.
Estimated Value $200-UP.
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Realized
$541
Lot 454
1797 S-132 R5+ Stemless Wreath G6. Sharpness F12 but fine to moderate granularity covers all but the obverse highpoints. The roughness is strongest on the reverse. No marks or verdigris. Slightly glossy dark olive brown and steel. The date and legends are clear and the Stemless Wreath feature is obvious.
Estimated Value $150-UP.
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Realized
$376
Lot 455
1797 S-133 R5 Stemless Wreath F12. Sharpness VF20 but there is a reddish steel spot of extremely fine roughness on the bust tip, a dull rim nick behind the head, a rim bruise at the D in UNITED, and a couple hairline scratches inside the wreath. Glossy light steel brown and olive with reddish chocolate toning in the protected areas on both sides. Both sides display traces of microscopic hairlines from a vigorous brushing. M-LDS, Breen state IV, with a clear die crack from the rim to the neck just above the bust. The planchet shows areas of clear diagonal reeding (Breen planchet type V). Called F12 and tied for CC#8 in the Bland census. Noyes says VF20 net VG10 and tied for CC#9, his photo #24319.
Estimated Value $1,500-UP.
Ex Bowers & Ruddy 2/5/1979:1549 (lot ticket included)-Dr. Philip W. Ralls.

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Realized
$1,234
Lot 456
1797 S-133 R5 Stemless Wreath G6. A couple points sharper but there is a patch of shallow corrosion covering the back of the head extending over the ribbons and into the field. The remainder of the planchet is smooth but there are a couple marks. The notable ones are a light rim bruise at the L in LIBERTY a thin diagonal nick off the tip of the nose, and a small pit that contains greenish verdigris over R in AMERICA. Lightly cleaned and retoned glossy dark steel and chocolate. LDS, Breen state V, with a die crack from the rim to the bottom of the neck and another from the dentils up through the lowest curl left of the date. The date is clear except for weakness at the 97 due to die sinking associated with the late die state. The legends are strong except for strike weakness at OF.
Estimated Value $200-UP.
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Realized
$259
Lot 457
1797 S-133 R5 Stemless Wreath G5. Glossy chocolate brown. Smooth with only minor contact marks. Later die state with swelling at the bust tip that obliterates the 97 in the date. Noyes photo #24328.
Estimated Value $100-UP.
Ex Dr. Philip W. Ralls.

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Realized
$588



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