Lot 186
1798 S-176 R4 Style II Hair, Small 8. PCGS graded VG-8. Struck over a Token. Glossy light to medium chocolate brown and steel. Smooth and attractive showing only a few trivial contact marks. A tiny pinprick over the 9 and a shallow pit in the field over the hair ribbon are good identifying marks. MDS, Breen state V late. Swelling is starting to weaken ES in STATES. What makes this cent so special is that it was struck over an as yet unidentified token, most likely one of the British "Conder" or merchant tokens of the late 18th Century. Clear undertype from the token is visible at RTY and in the opposing area at CA to the denominator. On the reverse you can make out two letters, H and E, and the numeral 8 shows under the second A in AMERICA. Perhaps an expert in the token series could attribute the token, but we are stumped. A really neat cent. Our grade is VG7. The attribution and Reynolds provenance are noted on the PCGS Secure label, but they failed to mention the undertype token (PCGS # 36098) .
Estimated Value $500-UP.
Acquired from an unrecorded source at a St. Louis Coin Show 5/1991.
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| Realized $588 |
