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Sale 54
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Lot 352
1799 S-189 R2+ Normal Date. NGC graded MS-62 Brown. Plated in Penny Whimsy and Noyes. Very attractive lustrous chocolate and medium brown. The fields and protected areas are covered with satiny mint frost and the eye appeal of this cent is outstanding. There is a touch of very light friction on the highest points of the design and only a few trivial contact marks. These include a thin and very light diagonal nick on the left edge of the cheek and a small, barely visible contact mark on the throat, plus a pinprick on the berry right of the T in CENT. A small arc-shaped planchet void also shows near the dentils left of the first S in STATES, as struck. E-MDS, Breen die state II. The die clashmarks and dull lump over the T in CENT are all clear. There is some weakness in the strike on the lower third of the date and upper third of the reverse, as usual. A fantastic 1799 cent, finest known by a very wide margin. The second best is a VF30 impounded in the ANS Museum, and the next best grades VF25 or VF30 depending on the census list being used. This is the only example of the year, regardless of the die variety, ever assigned a mint state grade by a major grading service. Called AU50 choice and finest known by Noyes and Bland, and those grades were assigned before a layer of wax was removed to expose the underlying frosty mint luster. Noyes photo #20099. Our grade is AU55. Plated to represent the variety in Penny Whimsy and the Noyes book. A highlight of this superb collection and the undisputed key to any "registry" set of mint state large cents. This coin is now in a PCGS graded MS61 Brown. PCGS population 1; Finest graded at PCGS. DWH #2825.
Estimated Value $250,000-UP.
Ex England-A. H. Baldwin (A. H. Baldwin & Sons, Ltd., London)-brought to the United States in the late 1920’s, and traded to Frank H. Shumway-Elmer S. Sears-Wayte Raymond 10/28-Henry C. Hines-Dr. William H. Sheldon 1945-Harold E. Whiteneck (Sheraton Coin Co.)-1947 ANA (Numismatic Gallery #40), lot 851-Harold E. Whiteneck (Sheraton Coin Co.)-Dr. James O. Sloss 9/58-R. E. Naftzger, Jr. 2/23/92-Eric Streiner-Jay Parrino (The Mint) 4/16/96-Jack Wadlington (via Bob Grellman & Chris McCawley) 11/7/05.
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| Realized $977,500 |
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