Lot 30
1793 NC-6 R8 Liberty Cap PCGS graded G4. Glossy chocolate brown. The obverse is sharper, at least G5, while the reverse is slightly weaker. The planchet is reasonably smooth and completely free of corrosion, but there are numerous tiny nicks scattered about both sides, strongest in the field before the face and at the second T in STATES. The date and LIBERTY are strong. EDS. The reverse legends are complete and readable except for ONE CENT, which is weak due to a soft strike in that area caused by obverse die swelling at the hair under the cap. Apparently the obverse die failed quickly and was discarded resulting in the extremely rarity of the variety. Second finest of only 2 known. The variety was discovered by R. E. "Ted" Naftzger, Jr., in February 1978 making it the first new variety of 1793 to be discovered in 81 years. Called net G4 in both census lists, but this is a really nice '93 Cap for that grade, even with the nicks. Our grade is G4+. The only other example grades F12 sharpness net VG8 for fine granularity and some contact marks. This is among that small group of die varieties that are truly keys to a complete collection of early date large cents. Noyes graded G4, Average +, his photo #21282. Weight 204.2 grains. The attribution and Neiswinter provenance are noted on the PCGS label. PCGS population 1; the only example of the variety graded at both services. Estimate Value $40,000 - UP
Ex William Hatchet-Marvin Sheer (Normar Coins) 5/16/1985 (unattributed)-John & James Bergman (who correctly attributed the variety)-Superior 9/30/1985:224-Jack Robinson, Superior 1/29/1989:18-Daniel W. Holmes, Jr., McCawley & Grellman Auctions/Goldbergs 9/6/2009:25-Jim Neiswinter Collection.
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| Realized $63,000 |
