Lot 161
1794 NC-9 R7+ PCGS graded F12, CAC Approved. Glossy dark chocolate brown with lighter steel brown toning covering the devices on both sides. The two-tone appearance accents the devices and adds to the eye appeal. The surfaces are nice and appear perfectly smooth to the unaided eye, but a glass reveals traces of extremely fine roughness in protected areas. No verdigris and only a few trivial signs of contact. A small dig under the U in UNITED just touches the leaf below, and this mark can help identify the cent. The date and legends are complete and easily readable, but the 4 and a few of the letters are a bit weak. EDS, Breen state I. The vertical die crack that is always present on the reverse (and accounts for it's early retirement) is relatively light, extending from the dentils under the fraction up to the N in CENT where it fades away. The die variety was discovered in January 1974 and since then only 3 more have been found in spite of diligent searching. It's also important to note here that the other 3 examples have significant surface roughness and are considered "scudzy" by EAC standards. The variety is from a very brief marriage of the obverse die for S-47, 48, & 49 with a new reverse die, and it was struck following S-47 & S-48 but before S-49. This is the plate coin for the die variety in both the Breen and Noyes references. Graded F15 net VG7 and CC#1 of only 4 known in the Noyes census, his photo #21360. Del Bland says VG7 as well and finest known in his census of the same 4 coins. Our grade is VG10 sharpness net VG8. The attribution and Naftzger-Trollan provenance are noted on the PCGS label. PCGS population 1; the finer of only 2 examples graded at both services. Estimate Value $25,000 - UP
Ex Milwaukee Coin Show (Lonnie McCoy) 2/14/1986-Tom Reynolds (via Del Bland) 5/11/1986-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner 8/1992-Tom Reynolds, McCawley & Grellman Auctions/Goldbergs 1/31/2016:51-Dan Trollan Collection.
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