Lot 351
1799/8 S-188 R4 Overdate 9 over 8. Good-6. A couple points sharper, especially on the obverse, but the planchet is covered with uniform very fine granularity. No verdigris. The notable marks are a small rim bruise left of the hair ribbon and a vertical scratch at the right edge of the second S in STATES. Rather glossy dark olive and steel. The date is clear, although the bottom edge of each digit is fading into the rim below. LIBERTY is bold. The reverse legend is complete, although TES OF are weak. Extremely rare terminal die state, Breen IV late, with a very strong doubled arcing crack through RTY (triple at RT) to the rim opposite the nose tip, plus an arcing die crack through ME to the right side of the fraction. Identical die state to the ANS example plated in the Breen book. Called VG7 net G4 and tied for CC#4 in the Noyes census of 7 examples known in the late die state, and the best of those outside the ANS Museum is a scudzy VG7. Noyes photo #38329. Bland calls this one G5 and CC#3. Comes with a long, impressive provenance, and it appears this was only the second example known of the late state when it came to light. DWH #2247.
Estimated Value $5,000-UP.
Ex Lincoln T. Seagrave, S. H. & H. Chapman 6/1898:578-Daniel E. Houpt, Henry Chapman 3/1917:291-Henry C. Hines 1945-Dr. William H. Sheldon 4/19/72-R. E. Naftzger, Jr.-Jackson C. Storm 3/85-Denis Loring 5/87-Dick Punchard-Chris McCawley 4/26/03.
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| Realized $8,913 |
