Lot 514
1794 S-32 R2. VF-30. Glossy medium brown and light chocolate. Excellent eye appeal. The surfaces are attractive and appear perfectly smooth to the unaided eye, but a glass reveals traces of microscopic roughness, mostly on the upper portion of the reverse. No verdigris and only a few insignificant marks. A tiny planchet chip between the bases of the E & R in LIBERTY is a good identifying feature for this example. Terminal die state, Breen state V, with the top of the first S in STATES partially filled and the crack down through that S very strong. The reverse die clashmarks are prominent and the reverse is rotated 45 degrees CW. Called VF30 in the Bland census. Noyes says VF25 net VF20, his photo #37236. This example is one of the finest known of the terminal die state. Removed from a PCGS slab graded AU50 (PCGS label included).
Estimated Value $4,000 - 5,000.
Ex Clayton L. Wallace, Stack's 12/63:431-unknown-Bert Cohen 2/10/83-Jack H. Robinson-McLaughlin & Robinson Auctions 1/88:62-Joel W. Spingarn-Donn Militzer-Chris McCawley 8/98-Robert C. Clark-2000 ANA Sale (Bowers & Merena), lot 226-unknown-J. J. Teaparty 7/29/2003.
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| Realized $4,140 |
