Lot 169
1794 S-64 R5- Missing Fraction Bar. PCGS graded MS-64 Red & Brown. Choice lustrous light steel brown with 20-25% of the original mint red remaining. The surfaces are satiny and this cent would be, as Ted Naftzger liked to say, "Bulletproof" as a gem if not for a collection of shallow planchet voids in the field left of the date and lowest curl. Otherwise this cent is virtually perfect reminiscent of the finest of the famous Baron St. Oswald 1794 cents. MDS, Breen die state III. The die crack through the D in UNITED is strong but the sliver inside the D has not broken away. The strike is needle-sharp and the missing fraction bar feature is obvious. Both sides of this cent are plated in the Elder-Gilbert book. Called MS65 and CC#2 in the Bland condition census behind a slightly finer example that retains none of its original mint color. Noyes says MS60 net AU55 for the mint-made planchet flaws and tied for CC#2, his photo #21045. Our grade is Mint State-63. PCGS population 1 with none finer. This is the only example graded by PCGS.
Estimated Value $55,000 - 75,000.
Ex Henry C. Miller, Thomas L. Elder 4/1917:696-Dr. George P. French-B. Max Mehl FPL 1929:73-T. James Clarke 10/1954-R. E. Naftzger, Jr.
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| Realized $166,750 |
