Lot 146
1796 S-90 R5+ Liberty Cap. PCGS graded MS-63 Brown. Upset Reverse. Plated in Gilbert-Elder. Beautiful glossy light to medium brown with chocolate brown toning on the highpoints and on the right side of the reverse plus hints of very faded frosty mint color in a few of the protected areas. No spots or stains, and the eye appeal of this cent is outstanding. The only defects are a very light rim bruise at the first S in STATES, a tiny rim nick at IC in AMERICA, and some tiny planchet chips, as struck. These include a small one at the dentils over I in LIBERTY and a collection of tiny ones at the left stem of the wreath. Otherwise the fields are smooth and the obverse is slightly reflective. EDS, Breen state I, with the reverse upset head-to-head and no trace of swelling in the center of the reverse. Nicely struck and ONE CENT is bold. Tied with one other example for finest known of this rare variety in both census lists. Bland says MS60 while Noyes says MS60 net AU55, Noyes photo #33392. Our grade is MS60. PCGS Population 1; The finest graded at PCGS for the variety. DWH #2726.
Estimated Value $75,000-UP.
Ex Henry C. Miller, Thomas L. Elder 4/13/1917:725-Dr. George P. French (privately)-Colonel E. H. R. Green-B. G. Johnson (St. Louis Stamp & Coin Co.) 5/7/42-James G. Macallister-James A. Stack, Sr.-Bowers & Ruddy 4/23/79:131-Gene Reale, Sotheby’s (New York) #7083, 1/15/98:23-John Whitney Walter 4/11/98-Jack Wadlington (via Bob Grellman & Chris McCawley) 6/30/05.
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| Realized $80,500 |
