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Sale 62
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Lot 771
1794 S-20 R5 Head of 1793 with Straight Date. PCGS graded AU-50. Glossy chocolate and steel brown with darker steel brown toning on the highpoints and frosty lighter brown toning covering the protected areas on both sides. There is a tiny spot of darker reddish olive brown toning on the nose before the eye plus larger but more subtle splashes of similar reddish chocolate brown toning at TED, STA, OF, and in the dentils at RI in AMERICA. The surfaces are smooth and very attractive, virtually void of contact marks. The only notable sign of contact is a tiny rim bruise left of the bottom of the cap. Late die state, Breen state II, with a faint wave in the field from the chin to the rim at right. This is an outstanding example of a rare and very popular die variety, and it is arguably the finest example known outside the American Numismatic Society (ANS) collection. Bill Noyes calls this piece VF30 (Noyes photo #22590) and has it tied for CC#2 honors with one other piece behind the ANS example. Bland says VF25 and tied for CC#4 in his census, but a comparison of photos clearly supports the Noyes arrangement. Our grade is VF30. This cent was called EF45 by PCGS in an earlier assessment, but upon further review they have justifiably raised their grade to the currently assigned AU50. Noyes plated this example in his 2006 book on the series and Samuel Hudson Chapman used this piece to illustrate the obverse die in his 1923 monograph "The United States Cents of the Year 1794." And this cent comes with a long, very impressive provenance that includes many of the "heavyweights" of 1794 cent collectors. PCGS population 1 with none finer for the variety.
Estimated Value $40,000-UP.
Ex George Morris-Charles Steigerwalt 6/1891:897-Charles Steigerwalt FPL 1891-W. B. Guy, Henry Chapman 11/3/1911:351-Dr. George P. French-Henry C. Miller, Thomas L. Elder 4/13/1917:653-S. H. Chapman-J. P. Hale Jenkins, Henry Chapman 7/25/1922:1472-S. H. Chapman 4/1923, Addenda A-Henry Chapman-Dr. George P. French, B. Max Mehl FPL 1929:19-T. James Clarke 1944-B. Max Mehl 1944-Dr. William H. Sheldon-C. Douglas Smith 1965-Alfred Bonard, Numismatic Enterprises 2/68:23-R. E. Naftzger, Jr. 3/7/73-John W. Adams, Bowers & Ruddy FPL 1982:7-Denis W. Loring 5/7/83-Jack H. Robinson-Dr. Allen Bennett 1/20/98-Walter Husak, Heritage 2/15/08:2022.
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| Realized $83,375 |
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