Goldberg Coins and Collectibles



Sale 90

January Pre-Long Beach Auction


Tom Reynolds - Liberty Cap Cents
 
 
Lot Photo Description Realized
Lot 59
1796 S-81 R3 Liberty Cap. PCGS graded MS-63 Brown. CAC Approved. Choice lustrous medium brown and light chocolate blending to light olive brown on the reverse. The only marks are a fine vertical hairline scratch hidden in the hair left of the face, a spot of reddish brown toning at the dentils over the left side of the O in OF, and a short scratch left of the first A in AMERICA. Nicely struck for this variety, which often comes with significant weakness inside the wreath. This piece show minor weakness on the highest elements of the hair and along the bottoms of ENT in CENT. MDS, Breen state II, with a very fine die crack from the right top of the Y to the nose before the eye. Struck slightly off center to K-5.5 leaving some of the dentils a bit short. This cent is the plate coin for the variety in the 1991 Noyes book on the early large cents and both sides are plated in the 1879 Frossard monograph. Graded MS60 net AU50 and tied for CC#2 in the Noyes census (although he called it MS60 and finest known in his 1991 census), his photo #21275. Bland says AU55 and tied for CC#2. Our grade is MS60. Comes with a very nice provenance that has been traced back well over 100 years. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 2; none finer at PCGS for the variety (PCGS # 35750) .
Estimated Value $30,000-UP.
Ex S. H. & H. Chapman 3/1883:297-Lorin G. Parmelee, New York Coin & Stamp Co. 6/1890:729-S. H. & H. Chapman-M. A. Brown, S. H. & H. Chapman 4/1897:765-George Earle, Henry Chapman 6/1912:3396-Clarence S. Bement, Henry Chapman 5/1916:300-Colonel James W. Ellsworth 3/1923-Wayte Raymond-Henry C. Hines-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner 1/1993-Tony Terranova-Kevin Lipton Rare Coins 8/1997.

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$27,025
Lot 60
1796 S-82 R5 Liberty Cap. PCGS graded AU-53. CAC Approved. Choice glossy dark chocolate brown and steel with frosty lighter brown toning in protected areas. Smooth and very attractive. Traces of satiny mint luster show on both sides, especially on the reverse. The surfaces are perfectly smooth and display only a few marks. The notable ones are a horizontal nick hidden in the hair left of the forehead, a tiny planchet flake just right of the earlobe, and another shallow flake at the dentils over the upright of the D in UNITED. MDS, Breen state I late, with faint die clashmarks on both sides but no hint of a bulge right of the F in OF. ONE CENT is strongly struck, which is another plus. Graded VF35 net VF30 and tied for CC#4 honors in the Noyes census, his photo #60626. Our grade is VF35+, very close to EF40. The attribution and Reynolds provenance are noted on the PCGS Secure label. Pop 1; none finer at PCGS for the variety. Only 2 examples graded at PCGS (PCGS # 35753) .
Estimated Value $15,000-UP.
Ex Heritage 10/23/2008:65.

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$14,100
Lot 61
1796 S-83 R4 Liberty Cap PCGS Genuine, AU Details, Planchet Flaw. Glossy chocolate brown and steel with reddish brown toning in protected areas on the left side of the wreath. Frosty lighter brown toning shows in protected areas on both sides. The obverse is perfectly smooth except for a shallow planchet delamination void that affects the lower half of the T in LIBERTY down into the hair below. The reverse is mostly smooth but traces of microscopic roughness show around CENT and in the reddish area within the leaves on the left side of the wreath. An attractive cent in spite of the mint-made planchet flaw and microscopic roughness. M-LDS, Breen state II late. A strong die crack reaches from the dentils over the I in LIBERTY through the tops of ERTY and to the rim before the nose, and the crack fills the upper half of the top of that R. The extremely rare large cud break outlined by this crack must have occurred soon after this cent was struck. Graded VF35 net F15 and tied for CC#8 in the Noyes census, his photo #39209. Our grade is VF30+ sharpness net VF20. The attribution and Reynolds provenance are noted on the PCGS Secure label (PCGS # 35756) .
Estimated Value $7,500-UP.
Ex Al Moore 9/1976.

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Realized
$4,465
Lot 62
1796 S-84 R3 Liberty Cap. PCGS graded MS-62 Brown. Very attractive medium steel brown and light chocolate with a hint of light olive on the reverse. Traces of very faded mint red can be found in protected areas on the reverse. Nearly flawless with superior eye appeal. The only marks are a faint spot of slightly darker toning on the throat, some very shallow low spots (caused by debris on the die) inside the wreath, and a pre-striking hairline scratch in the planchet over ST in STATES. MDS, Breen state II. There is a very fine die crack arcing across the bust and a slightly stronger crack through the top of OF to the dentils over the adjacent ES. Graded MS60 net AU55 and tied for CC#5 in the Noyes census, his photo #29240. Bland says AU55 and tied for CC#7. Our grade is AU58. A beautiful cent that comes with a great provenance. The attribution and Garrett-Reynolds provenance are noted on the PCGS Secure label. Pop 1; 1 finer in MS64 at PCGS for the variety (PCGS # 35759) .
Estimated Value $25,000-UP.
Ex Charles I. Bushnell-Lorin G. Parmelee, S. H. & H. Chapman 6/1882:2632-George W. Cogan-T. Harrison Garrett-Robert Garrett 1919-John Work Garrett-Johns Hopkins University, Bowers & Ruddy 11/1979:81-Tom Morley-Myles Z. Gerson-Kenneth Goldman-Gene Sanders (Coinko)-Tony Terranova 8/1991.

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$27,025
Lot 63
1796 S-85 R5 Liberty Cap. PCGS graded EF-40. Very attractive glossy uniform chocolate brown and steel. The surfaces are smooth and display only trivial marks. The best identifying marks are a tiny pinprick just left of the top of the 7 and a couple microscopic planchet flakes right of the second S in STATES, and neither mark is visible to the unaided eye. A choice cent with outstanding eye appeal. EDS, Breen state I. Both dies are uncracked and unclashed, and ONE CENT is fully struck. Graded VF20 Choice and tied for CC#7 in the Noyes census, his photo #32231. Bland says VF25 and tied for CC#5. Our grade is VF20+ Choice, very close to VF25. The attribution and Reynolds provenance are noted on the PCGS Secure label. Pop 1; 1 finer in MS62 at PCGS for the variety. Only 2 examples graded at PCGS (PCGS # 35762) .
Estimated Value $7,000-UP.
Ex Bowers & Merena 5/1993:1055-Tony Terranova 1994-Michael Arconti 8/2000.

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$11,750
Lot 64
1796 S-87 R3 Liberty Cap. PCGS graded AU-58. CAC Approved. Choice frosty medium chocolate brown and steel with traces of lighter steel brown in protected areas. A smooth cent that offers outstanding eye appeal in every respect. The only marks are a couple nick-like planchet chips on the bust. MDS, Breen state III early. The die crack arcing from the 7 through the bust to the pole and beyond is faint but visible, and obvious die rust (tiny lumps on the coin) show at the U in UNITED and E in ONE. The reverse is rotated 25 degrees CCW. This is the plate coin for the variety in the Breen encyclopedia. Graded AU50 net EF45 and tied for CC#4 in the Noyes census, his photo #22733. Bland says AU50 and tied for CC#2. Our grade is EF45+ choice, very close to AU50. Comes with a great provenance that can be traced back nearly 150 years. The attribution and French-Reynolds provenance are noted on the PCGS Secure label. Pop 1; 1 finer in MS62 at PCGS for the variety (PCGS # 35768) .
Estimated Value $20,000-UP.
Ex Mortimer Livingston Mackenzie, Edward Cogan 6/1869:631-Keeney, S. H. & H. Chapman collection, S. H. & H. Chapman 10/1879:451-Captain Andrew Zabriske, Henry Chapman 6/1909:744-H. O. Granberg-William H. Woodin, The United States Coin Co. 5/1915:176-Dr. George P. French-B. Max Mehl 1929 FPL, lot 110-T. James Clarke 1944-B. Max Mehl 3/27/1947-R. E. Naftzger, Jr., New Netherlands Coin Co., 11/14/1973:406-Superior-Pine Tree Auction Co. 2/1975:668-Dr. Robert J. Shalowitz-George W. "Hank" Rodgers 1/1978-Jerry A. Bobbe-Myles Z. Gerson-Del Bland-Dr. George E. Ewing, Jr. 3/1983-Denis Loring 4/1983-R. S. Brown, Jr., Superior 9/30/1986:114-Jan Valentine 4/1989-Dennis Mendelson 7/15/1991-R. S. Brown, Jr., Superior 1/27/1996:122 (includes both R. S. Brown collection envelopes and lot tickets plus the collection envelopes of Del Bland and Dennis Mendelson).

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$19,388
Lot 65
1796 S-88 R4 Liberty Cap. PCGS graded VF-30. Slightly glossy dark steel and olive brown. The planchet is covered with uniform extremely faint roughness that dulls the natural gloss a bit, but not enough to cause a "no-grade" assessment by PCGS. No verdigris and only a few microscopic marks, including a couple faint hairlines on the neck and a thin diagonal nick in the field under the cap. Nicely struck EDS, Breen state I. The obverse die is uncracked and ONE CENT is fully struck up (which is unusual for this variety). Graded VF30 net VF20 by Noyes, his photo #62628.Our grade is VF25+ sharpness net VF20. The attribution and Reynolds provenance are shown on the PCGS Secure label. Pop 1; 1 finer in EF45 at PCGS for the variety (PCGS # 35771) .
Estimated Value $5,000-UP.
Ex the 2015 EAC Sale, 5/2/2015:57 (lot ticket included).

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$4,583
Lot 66
1796 S-89 R3 Liberty Cap. PCGS graded AU-53. Beautiful glossy chocolate brown and steel with traces of frosty lighter steel brown in protected areas. The surfaces are satiny smooth and this cent offers superb eye appeal in every respect. Very light wear on the devices and only a few microscopic marks. The best identifying marks are a very tiny planchet clip (as struck) over BE in LIBERTY and a pair of small nicks under that B. Nicely centered and evenly struck on a choice planchet. MDS Breen state II, with light die clashmarks on both sides. Graded VF30 Choice and CC#1 in the Noyes census, his photo #20915. Bland says VF30 and CC#1 among the confirmed examples in the Breen/Bland census. Our grade is VF30 choice with the eye appeal of a significantly higher grade. This cent is plated to illustrate the die variety in the 1991 Noyes book on the Cents of 1793-1814. And it comes with a great provenance. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 1; none finer at PCGS for the variety (PCGS # 35774) .
Estimated Value $10,000-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 4/23/1994:189 (Naftzger collection envelope and lot ticket included).

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Realized
$15,863
Lot 67
1796 S-90 R5+ Liberty Cap. PCGS graded MS-62 Brown. Upset Reverse. Very attractive frosty medium chocolate brown with slightly darker steel brown toning on the highpoints. Traces of lighter reddish steel brown toning faded down from mint color can be found in protected areas on the reverse. Another really beautiful Liberty cap cent. The only defects are a faint hairline scratch along the top of the T in CENT and some of those microscopic planchet chips that didn't smooth out during the strike. The chips are mostly along the dentil tips under the date, at the top of the cap, and around the bottom of the reverse (which is opposite the date thanks to the dies being in medal rather than coin orientation). EDS, Breen state I. Both dies are perfect with smooth surfaces and no clashmarks. Graded AU55 and tied for CC#1 in the Noyes census, his photo #37698. Bland says AU55 and tied for CC#3. Our grade is AU55 Choice. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 1; 1 finer in MS63 at PCGS for the variety (PCGS # 35777) .
Estimated Value $40,000-UP.
Ex Hollinbeck Stamp & Coin Co., 1949-Homer K. Downing, 1952 ANA Sale (New Netherlands Coin Co. #38), lot 1726-Abe Kosoff-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/14 1973:409-Andrew M. Hain 10/29/1974 (via Lester Merkin)-Charles E. Harrison-David Lovins-Jim McGuigan 1/1999.

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$38,188
Lot 68
1796 S-91 R3 Liberty Cap. PCGS graded AU-53. CAC Approved. Frosty chocolate brown with slightly darker steel brown toning on the highpoints of the devices. Satiny mint luster shows in the fields and protected areas on both sides and this cent offers outstanding eye appeal. The only defects are some microscopic planchet chips, none visible without the aid of a good glass, and a tiny nick on the lower edge of the bust right of the date. MDS Breen state V, with several irregular horizontal die lines in the obverse fields and multiple sets of fine die clashmarks on both sides. Fine die rust or crumbling shows along the profile of Ms Liberty and STA is starting to weaken due to swelling in that area. Another truly beautiful Liberty Cap cent. Graded EF45 Choice and tied for CC#6 in the Noyes census, his photo #39561. Our grade is EF40+, close to EF45. The attribution and Colonel Green-Reynolds provenance are noted on the PCGS Secure label. Pop 2; 2 finer at PCGS for the variety, 1 in AU58 and 1 in MS66 (PCGS # 35780) .
Estimated Value $10,000-UP.
Ex Colonel E. H. R. Green-Burdette G. Johnson (St. Louis Stamp & Coin Co.) 8/27/1942-James G. Macallister-J. C. Morgenthau & Co. #454, 1/1944:420-George H. Clapp-ANS-transferred from the ANS to R.E. Naftzger Jr., 1/26/2001 (via Bill Noyes) 1/2002.

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$12,338
Lot 69
1796 S-92 R3+ Draped Bust, Reverse of 1795. PCGS graded MS-62 Brown. CAC Approved. Frosty medium steel brown and light chocolate with slightly darker steel brown toning on the highpoints and traces of mint color remaining in protected areas, especially on the reverse. A beautiful cent with outstanding eye appeal. The only marks, and they are trivial, are a fine diagonal hairline scratch left of the upper end of the hair ribbon, a horizontal one in the field before the nose, and a vertical nick over the tip of the nose. The reverse is choice. MDS, Breen state III. There are faint die cracks on the obverse and obvious die clashmarks on both sides plus a tiny chip at the right top of the 9. Graded AU55 and tied for CC#2 in the Noyes census, his photo #20375. Bland says AU55 and CC#3. Our grade is AU58. This cent is plated to illustrate the variety in the 1991 Noyes reference. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 1; none finer at PCGS for the variety (PCGS # 35813) .
Estimated Value $25,000-UP.
Ex Glendining & Co. (London) #18, 11/1972:893-Western Numismatics-A Mark Coin Co. MBS 3/1973:70-R. E. Naftzger, Jr. 2/23/1992-Eric Streiner-John Whitney-Tony Terranova 8/1998.

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$25,850
Lot 70
1796 S-92 R3+ Draped Bust, Reverse of 1795. PCGS graded AU-55. CAC Approved. Choice glossy steel brown and chocolate. Smooth, virtually flawless surfaces. No spots or stains, and the only mark of any significance is a very tiny rim bruise right of the Y in LIBERTY. MDS, Breen state III. Fine die cracks pass through BERTY with another from the lips to the rim at right. Called AU50 Choice and CC#4 in the Noyes census, his photo #24001. Bland also says AU50 and tied for CC#4. Our grade is EF45++, very close to AU50. This is the Breen plate coin for the variety and it comes with an outstanding provenance. The attribution and Holmes-Reynolds provenance are noted on the PCGS Secure label. Pop 3; 1 finer in 62 at PCGS for the variety (PCGS # 35813) .
Estimated Value $15,000-UP.
Ex David Proskey-Henry C. Hines-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/1973:411-First Coinvestors-Pine Tree Auction Co. 2/1975:670-William R. T. Smith-Myles Z. Gerson-Dr. Phil Ralls 5/2/1997-Jack Wadlington (via Bob Grellman & Chris McCawley) 6/30/2005-Daniel W. Holmes, Jr., McCawley & Grellman Auctions/Goldbergs 9/6/2009:148-Adam Mervis, Heritage 1/10/2014:2549 (the Naftzger and Holmes lot tickets are included).

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$19,975
Lot 71
1796 S-93 R3 Draped Bust, Reverse of 1795. PCGS graded MS-63+ Brown. Glossy light olive brown and steel mixed with medium chocolate. Frosty mint luster shows in the fields and protected areas and this cent offers excellent eye appeal. There is a spot of reddish brown toning at the left foot of the L in LIBERTY and a larger spot of similar toning in the field left of the upper end of the hair ribbon, plus a spot of darker olive brown toning under the Y in LIBERTY. Otherwise the only notable marks are a nick-like planchet chip on the jaw over the throat and a small planchet chip between the bases of the 9 and 6 in the date, both as struck. MDS Breen state V late. There is no cud break at CA but the die crack at RICA is strong and the die is clearly failing at RICA and the fraction. This cent is plated in the 1879 Edouard Frossard monograph. Graded MS60 and tied for CC#4 in the Noyes census his photo #25212. Bland says MS60 and tied for CC#3. Our grade is MS60. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 1; 1 finer in MS64 at PCGS for the variety (PCGS # 35816) .
Estimated Value $35,000-UP.
Ex Dr. George P. French, B. Max Mehl 1929 FPL, lot 112-T. James Clarke 1948-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., New Netherlands Coin Co., 11/14/1973:413-R. E. Naftzger, Jr., 2/15/1975-Charles E. Harrison-Doug Bird 1/1996 (includes the New Netherlands lot envelope, which became the Naftzger collection envelope).

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$37,600
Lot 72
1796 S-93 R3 Draped Bust, Reverse of 1795. PCGS graded AU-58. CAC Approved. Choice glossy medium brown and light chocolate with traces of faded mint red showing in protected areas on the obverse. There is only a hint of friction on the highest points of the devices and no notable spots, stains, or contact marks. However both sides show some of the usual tiny planchet chips that seem to plague these early planchets. These chips are concentrated over ERTY because the striking pressure in that area was weakened by the opposing die failure at RICA and the denominator. The best identifying mark is a small chip in the center of the upright of the L in LIBERTY. MDS, Breen state V. There is obvious die failure near the rim from RICA to the denominator but no cud breaks are present, and the die clashmarks on the obverse are strong. A patch of significant die rust shows in the field off the lower end of the hair ribbon and a die crack meanders through the date. Graded AU50 net EF45 and tied for CC#7 in the Noyes census, his photo #31069. Bland says AU55 and tied for CC#6. Our grade is AU50+, close to AU55. The attribution and Garrett-Reynolds provenance are noted on the PCGS Secure label. Pop 2; 2 finer at PCGS for the variety, 1 in 63+ and 1 in 64 (PCGS # 35816) .
Estimated Value $15,000-UP.
Ex T. Harrison Garrett-Robert Garrett 1919-John Work Garrett-Johns Hopkins University, Bowers & Ruddy 11/28/1979:82-Dr. C. R. Chambers 7/1984-Denis Loring 4/1985-Dr. Robert J. Shalowitz-Dennis Mendelson 7/16/1991-John B. MacDonald 4/1997-Tony Terranova 8/1997-Dr. Eugene Sherman-Adam Mervis, Heritage 1/10/2014:2551 (Garrett auction lot ticket and Mendelson collection envelope included).

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$18,213
Lot 73
1796 S-95 R5+ Draped Bust, Reverse of 1795. PCGS graded AU-53+. CAC Approved. Choice glossy medium brown and chocolate with traces of frosty lighter brown toning in protected areas. The surfaces and eye appeal of this cent are excellent, but there are a few marks. The notable marks are a speck of greenish verdigris near the rim behind the head, a rim dent over TA in STATES, and two nicks on the eyebrow. Otherwise the surfaces are smooth and quite attractive. LDS, Breen state II, with additional die clashmarks above ERTY. The clashmarks around the portrait and the patch of die rust in the field off the lower end of the hair ribbon are strong. This is the discovery coin for the die variety and it comes with a long provenance of distinguished large cent collectors. Called AU55 net EF40 and CC#2 in the Noyes census, his photo #25407. Bland says EF40 and CC#2 as well. Our grade is AU50 sharpness net EF40. The attribution and Holmes-Reynolds provenance are noted on the PCGS Secure label. Pop 1; none finer at PCGS for the variety. Only 2 examples graded at PCGS (PCGS # 35819) .
Estimated Value $25,000-UP.
Ex Thomas L. Elder #87, 12/1913:666-Ebenezer Gilbert-H. O. Granberg-William H. Woodin-The United States Coin Co. 5/1915:218-Dr. George P. French, B. Max Mehl 1929 FPL, lot 140-T. James Clarke 1944-B. Max Mehl-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., 12/11/1986-Herman Halpern, Stack’s 3/16/1988:118-Charles E. Harrison-Tony Terranova 1/1994-John Whitney Walter, Stack’s 5/4/1999:1727-Jack Wadlington (via Bob Grellman & Chris McCawley) 6/30/2005-Daniel W. Holmes, Jr., McCawley & Grellman Auctions/Goldbergs 9/6/2009:155-Adam Mervis, Heritage 1/10/2014:2555 (includes the lot tickets from the Halpern, Whitney, and Holmes auctions).

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$21,150
Lot 74
1796 S-97 R3 Draped Bust, Reverse of 1795. PCGS graded EF-45. CAC Approved. Very attractive glossy medium chocolate brown with steel brown toning on the highpoints and frosty lighter brown in protected areas on both sides. Smooth and nearly flawless. The best identifying marks are a small swipe of slightly darker chocolate toning in the field under the lower end of the hair ribbon and a collection of small, light nicks in the field before the face. MDS, Breen state III. A narrow rim cud break covers many of the dentils before the face and there is a very light die crack through the top of TY in LIBERTY. This is the plate coin for the variety in Dr. Sheldon's Early American Cents and Penny Whimsy. Graded EF45 and CC#2 in the Noyes census behind only the ANS example, his photo #39042. Bland says VF30 and tied for CC#5 in the Breen/Bland census. Our grade is VF35 Choice. Comes with an important provenance. The attribution and Reynolds provenance are noted on the PCGS Secure label. Pop 1; none finer at PCGS for the variety (PCGS # 35825) .
Estimated Value $10,000-UP.
Ex Dr. George P. French-B. Max Mehl 1929 FPL, lot 114-T. James Clarke 1944-B. Max Mehl 1948-Dr. William H. Sheldon-ANS Collection-transferred from the ANS Collection to R. E. Naftzger 1/26/2001 in exchange for the original coin donated to the ANS by George Clapp-then to Tom Reynolds in 1/2002.

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Realized
$11,456
Lot 75
1796 S-97 R3 Draped Bust, Reverse of 1795. PCGS graded VF-35. Glossy medium chocolate brown and steel with a hint of reddish chocolate brown toning in the field at the mouth. No roughness or verdigris, only tiny contact marks. The notable marks are a tiny planchet chip on the rim under the 6 and a dull rim nick over the left side of the M in AMERICA. Rare LDS, Breen state V, with a bold cud break at TY in LIBERTY. The date and legends are strong. Graded VF20 net F15 and tied for CC#10 in the Noyes census, his photo #26848. Our grade is VF20 sharpness net F15+. Comes with a nice provenance. The attribution and Holmes-Reynolds provenance are noted on the PCGS Secure label. Pop 2; 1 finer in EF45 at PCGS for the variety (PCGS # 35825) .
Estimated Value $5,000-UP.
Ex George Ramont 10/5/1975-Jules Reiver, Heritage 1/24/2006:19277-Daniel W. Holmes, Jr., McCawley & Grellman Auctions/Goldbergs 9/6/2009:163-Chris McCawley (via Greg Hannigan)-Adam Mervis, Heritage 1/10/2014:2558 (the Holmes lot ticket and collection envelope are included).

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Realized
$5,170
Lot 76
1796 S-99 R5 Draped Bust, Reverse of 1795. PCGS graded Fine-12. CAC Approved. Glossy medium chocolate brown and steel with hints of lighter steel brown toning in protected areas. No trace of corrosion or verdigris, only minor contact marks. The best identifying marks are a shallow chip or nick just left of the curl under the hair ribbon and a thin diagonal nick in the field off the tip of the nose. EDS, Breen state I, before any die cracks. The bottom edge of the date is starting to flow into the rim below but it remains easily readable and the legends are clear. Graded VG10 and tied for CC#5 in the Noyes census, his photo #23975. Bland says VG10 and tied for CC#10. Our grade is VG10. Comes with a distinguished provenance. The attribution and Reynolds provenance are noted on the PCGS Secure label. Pop 2; none finer at PCGS for the variety (PCGS # 35831) .
Estimated Value $3,500-UP.
Ex Frank H. Masters, Jr., Rare Coin Company of America 5/1971:94-William R. T. Smith-C. F. Gordon, Jr.-Dr. Willard J. Carmel, Jr.-Dr. Philip W. Ralls 4/4/1992-Daniel W. Holmes, Jr.-Doug Bird 12/2005-Clay Everhart-Adam Mervis (via Greg Hannigan), Heritage 1/10/2014:2560.

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$4,700
Lot 77
1796 S-99 R5 Draped Bust, Reverse of 1795. PCGS graded Good-6. CAC Approved. Glossy chocolate brown and steel with slightly lighter steel brown toning on the devices. The surfaces are nice for the grade, free of corrosion or verdigris and showing only minor marks. The notable ones are a thin nick on the left foot of the R in LIBERTY and another on the leaf under the T in UNITED. LDS, Breen state III, with a very large raised retained cud break that covers nearly the entire area behind Ms Liberty's head. The bottom of the date is worn into the rim below, but it remains easily readable. Graded G5 net G4 and CC#27 for the variety in the Noyes census (but considerably higher for the die state), his photo #60024. Our grade is G4+. The attribution and Reynolds provenance are noted on the PCGS Secure label. Pop 1; 2 finer in Fine 12 at PCGS for the variety (PCGS # 35831) .
Estimated Value $1,000-UP.
Ex Cincinnati coin show 9/2006.

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Realized
$2,703



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