Lot 109
1797 S-135 R3. PCGS graded MS-64 Brown. CAC Approved. Frosty medium steel brown and light olive with traces of very faded mint color remaining in protected areas on both sides. The surfaces are covered with satiny mint luster, especially on the obverse fields, and this cent offers excellent eye appeal. The only marks, and you will need a glass to see them, are three small spots of darker toning around the 79, another in the field close over the bust, and a planchet flake hidden in the leaves under the I in AMERICA (as struck). M-LDS, Breen state IV. The thin die defect over the C in AMERICA is clear and there is a very shallow low spot (caused by debris on the die) over the N in ONE. Another beautiful "Nichols Hoard" variety, and this cent is almost certainly from that famous group (see the description for the 1797 S-123 for a brief history of the hoard). Graded MS60 and tied for CC#10 in the Noyes census, his photo #27841. Our grade is MS62+, very close to MS63. The attribution and Reynolds provenance are noted on the PCGS Secure label. Pop 1; 2 finer at PCGS for the variety, 1 in MS64+ and 1 in MS65 (PCGS # 35936) .
Estimated Value $10,000-UP.
Ex John Wood-Denis Loring 3/1982.
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| Realized $15,863 |
