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Sale 54
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Lot 38
1794 S-23 R4+. PCGS graded MS-64 Brown. Noyes Plate Coin. Lustrous olive and steel brown mixed with lighter frosty chocolate and reddish brown. A small spot of darker olive brown toning just left of the base of the 1 in the date is the best identifying mark on this beautiful cent. A faint, jagged planchet lamination visible only with the aid of a strong glass meanders from the right side of the B in LIBERTY down into the hair left of the forehead with another equally faint lamination meandering from the leaves under the second A in AMERICA down to the dentils just right of the fraction. Otherwise the surfaces are satiny and the eye appeal is excellent. LDS, Breen state V, with all the die cracks clear, including the final crack from the rim through the right top of the Y to the nose. The die state is not terminal, however, as the cracks are known stronger than they are on this example, and there is no hint of a bulge at NT in CENT. Called AU55 by both Noyes (photo #21756) and Bland and tied for finest known honors with one other example that’s permanently impounded in the ANS Museum. The next best grades only VF30 or VF35 depending on the census list used, so this is the finest available to collectors by a wide margin. Our grade is AU58. (A previous owner of this cent was Walter Husak, and it was one of his favorite large cents. He made commemorative t-shirts picturing this cent for distribution to family and friends several years prior to selling his collection in 2008. This cataloger and Dan Holmes both were honored to receive one of those special souvenir shirts from Walter.) PCGS Population 1; The only one graded at PCGS for the variety. DWH #3498.
Estimated Value $50,000-UP.
Discovered in England in 1957-Stack’s 1957-C. Douglas Smith 6/58-Dorothy Paschal-Dr. William H. Sheldon 4/72-R. E. Naftzger, Jr. 2/92-Eric Streiner 4/92-Dr. Allen Bennett 2001-Walter Husak, Heritage 2/15/08:2025-Chris McCawley 3/17/08.
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| Realized $106,375 |
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