Lot 287
1798 NC-2 R7+ Style I Hair with Small 8. VG-8. Sharpness F15 with a planchet crack that passes completely thorough the planchet from the dentils to the bottom of the hair ribbon and from the opposing dentils at D-S to the wreath, as struck. Otherwise the planchet and surfaces are decent, the only notable marks being a fine horizontal scratch across the portrait under the earlobe and a dull rim bruise at S-O. Mostly glossy light olive brown mixed with chocolate and darker olive tones. The date and legends are bold. This is the Penny Whimsy plate coin. Late die state with a disjointed cud break connecting RTY to the rim above, as on all the known examples prior to discovery of the previous lot. Listed as net VG8 and tied for finest known honors with two other pieces in the Bland census (which does not include the early die state example offered in the previous lot, which was unknown to Bland prior to this sale). Noyes says VG10 net VG7 and tied for CC#2 among the 5 examples known to him (neither Noyes nor Bland have seen the previous lot). Noyes photo #21805. Clearly the sharpest example of the late die state of this extremely rare variety, the rarest variety of the year. DWH #1786.
Estimated Value $20,000-UP.
Ex James C. Macallister 1947-Charles Green 1947-Christian M. Petersen-Hollinbeck Coin Co. #176, 3/54:530-Hollinbeck Coin Co. #202, 3/56:839-Dr. William H. Sheldon 4/19/72-R. E. Naftzger, Jr., 2/23/92-Eric Streiner 3/20/92-R. S. Brown, Jr., Superior 1/27/96:222.
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| Realized $21,275 |
