Lot 10
1794 C-4a R3 Liberty Cap, Head Right VG8. Blundered Edge. Small Edge Letters. Sharpness VF25 but "1854" has been strongly punched over the 1794 date nearly obliterating the original numerals. Fortunately you can still make out the original digits, but the impact of this intentional defacement is very significant and arriving at a net grade is difficult. The only other notable defect is a relatively large planchet chip under the I in AMERICA, as struck. Lightly cleaned and retoned glossy light olive and steel with golden tan toning in protected areas. M-LDS, Manley state 3.0, with strong swelling left of the date. The edge lettering is blundered with HUND clearly impressed over LAR of DOLLAR. The HUN is on top of the LAR while the D follows the R. Apparently this planchet went through the Castaing machine twice, once completely and another time only far enough to add HUND. The sequence is anyone's guess, but this type of edge blunder is much rarer than the typical one created when the machine is not reset all the way to the starting position causing incomplete lettering. Weight 107.2 grains. Davy #94.4a.7.
Estimated Value $500-UP.
Ex Dr. Wallace Lee 5/9/86.
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| Realized $690 |
