Lot 165
1798 S-168 R3 Style II Hair, Small 8. PCGS graded MS-62 Brown. Glossy light olive brown with frosty lighter steel brown and tan faded down from mint color in protected areas, especially on the reverse. There is some darker chocolate brown toning extending from the E in ONE and T in CENT to AME and the obverse shows subtle overtones of bluish steel. Satiny mint luster covers the fields and protected areas, especially on the obverse, and the eye appeal is excellent. The only marks, and they are barely visible, are a diagonal nick in the field off the lower end of the hair ribbon, another left of the lower curls, and a faint hairline scratch under the curl on the neck. LDS Breen state IV. Die clashmarks show on the obverse and all the die cracks listed by Breen for the reverse are present. In addition the reverse die is covered with microscopic lumps caused by die rust. Graded MS60 net AU50 and tied for CC#2 in the Noyes census, his photo #20381 (although he listed it as MS60 in his 1991 census). Bland says MS61 and CC#1. Our grade is AU58. This cent is plated in the 1991 Noyes reference to illustrate the variety. Comes with a nice provenance. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 1; none finer at PCGS for the variety (PCGS # 36074) .
Estimated Value $10,000-UP.
Ex Consignment B from Virginia, Hollinbeck Kagin Coin Co. #176, 4/5/1954:519-C. Douglas Smith 1/1957 (in a trade for some 1794 cents)-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner 4/2/1992 (includes the Kagin lot envelope that also served as the Doug Smith collection envelope, plus the Naftzger collection envelope).
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| Realized $17,038 |
