Lot 181
1796 S-107 R5+ Draped Bust. VG-7. Very slightly sharper with very light corrosion under the slightly glossy dark olive and chocolate brown patina. There are specks of reddish verdigris dusted into protected areas of the reverse. No significant contact marks and the eye appeal is quite nice for the grade in spite of the minor roughness. The date and legends are strong except for weakness at the top of the reverse thanks to an uneven strike, but even those areas are readable. Extremely rare and possibly unique M-LDS, Breen state II early, with a raised retained cud break at the Y in LIBERTY extending far to the right. Most examples of this rare variety come with an unbroken obverse, and a few are known with a full cud break at the Y, but this is the only known example with a raised retained cud break in that area. Called VG7 and tied for CC#7 in the Bland census. Noyes says VG10 net VG7 and tied for CC#6, photo #24147. DWH #2741.
Estimated Value $1,500-UP.
Ex Christian M. Petersen, Hollinbeck Coin Co. #214, 10/57:218-Hollinbeck Coin Co.-Leonard W. Stark (Central Coin Mart)-Frank H. Masters, Jr., Rare Coin Company of America 5/71-97-R. E. Naftzger, Jr.-Myles Z. Gerson-Dr. Phil Ralls-Jack Wadlington (via Bob Grellman and Chris McCawley) 6/30/05.
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| Realized $3,220 |
