Lot 121
1797 NC-5 R6. PCGS graded AU-55. CAC Approved. Glossy medium chocolate brown and steel with darker steel brown and olive toning on the highpoints and lighter steel brown in protected areas. Smooth and very attractive with only light wear on the highpoints and no notable defects. The best identifying marks, and it takes a glass to see them, are a tiny planchet chip near the dentils off the chin and an even smaller one between the feet of the M & E in AMERICA. LDS, Breen state IV early. The die crack from the lower end of the hair ribbon to the rim is clear but the crack through the tops of RTY does not extend to the right. This is the plate coin for the variety in Penny Whimsy and the 1991 Noyes reference. Graded VF35 Choice and CC#1 in the Noyes census, his photo #21447. Bland says EF40 and CC#1. Our grade is EF40. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 1; none finer at PCGS for the variety (PCGS # 35969) .
Estimated Value $15,000-UP.
Ex Dr. William H. Sheldon (who found it unattributed in 12/1956 in a large lot of cents purchased in Massachusetts)-Dorothy Paschal-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner 6/6/1996 (Naftzger collection envelope included).
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| Realized $22,913 |
