Lot 2355
1797 S-135 R3. PCGS graded MS-64 Red & Brown. Frosty steel brown and light olive faded down from original mint red, at least 10% of the red remaining on both sides. No spots or stains. The only marks are pre-striking planchet chips that didn't completely smooth out as the coin was being struck. These microscopic chips, which are usually found to some degree on nearly all examples of this die variety, cover much of the portrait and the area inside the wreath. The only notable planchet chip is a tiny one in the field well left of the base of the L in LIBERTY. MDS, Breen state III. Almost certainly from the famous Nichols Hoard of mint state Draped Bust cents that was dispersed by the Nichols family of Massachusetts in the 1860's. Our grade is MS62. Pop 2; 7 finer, 4 in 65RB, 3 in 66RB.
Estimated Value $17,000 - 19,000.
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| Realized $16,100 |
