Lot 203
1796 S-118 R5+ Draped Bust. EF-40. Five points sharper but the toning is a bit dark and not as glossy as you would except for such a sharp coin, and there is a dull rim nick over the second T in STATES and a barely visible rim bruise just left of the rim nick. Otherwise free of any defects. Lightly cleaned and retoned a rather glossy dark steel and olive brown, and possibly "Sheldonized" by the Doctor during his period of ownership (see provenance) by adding a layer of wax or lacquer to add glossy eye appeal. Sharply struck LDS, Breen state II. The rim cud break just left of the fraction is clear. Called AU50 net VF35 and CC#2 in the Bland census behind only the ANS example, with the next finest grading only net VF20. Noyes says EF45 net VF30 and CC#2 behind the ANS piece, photo #20233. DWH #2750.
Estimated Value $20,000-UP.
Ex Copley Coin Co. 8/2/54-C. Douglas Smith 12/56-Dr. William H. Sheldon 4/19/72-R. E. Naftzger, Jr., 2/23/92-Eric Streiner 12/93-John Whitney Walter, Stack’s 5/4/99:1755-Jack Wadlington (via Bob Grellman & Chris McCawley) 6/30/05.
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| Realized $27,600 |
