Lot 461
1797 S-135 R3. PCGS graded MS-64 Brown. CAC Approved. Choice frosty medium chocolate brown with lots of lighter brown and tan faded down from mint color in protected areas on both sides. The only mark is a small spot of darker chocolate toning right of the date. Sharply struck M-LDS Breen state IV early. The bulge at D-ST is faint. Most likely from the Nichols Hoard (see the 1797 S-123 in this sale for details). Called MS63 and tied for CC#3 in the Bland census. Noyes says MS62 and tied for CC#3, his photo #24148. Our grade is MS63. Comes with a great provenance. The attribution and Ralls provenance are shown on the PCGS label. PCGS population 1; 2 finer, 1 in 64+, 1 in 65. (PCGS # 35936) .
Estimated Value $10,000-UP.
Ex Dr. Henry W. Beckwith, S. H. Chapman 4/1923:12-Henry Chapman-William Festus Morgan, J. C. Morgenthau & Co. #287, 6/1933:37-B. Max Mehl Collection-Henry C. Hines-Homer K. Downing 1949-C. Douglas Smith-Louis Helfenstein, Lester Merkin 8/1964:12-Charles "Shotgun" Slade III-unknown-1981 ANA Sale, Bowers & Ruddy, lot 1775-unknown-Auction '84 (Paramount Numismatic Services), 7/25/1984:545 (lot ticket included)-Dr. Philip W. Ralls.
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| Realized $17,625 |
