Lot 22
1794 S-33 R6 "Wheelspoke" Reverse. PCGS graded VF-35. Glossy chocolate brown with lighter chocolate toning covering the devices. The surfaces are smooth and display only a few trivial marks, including a pair of tiny nicks under BE in LIBERTY and two small pinpricks or shallow pits low on the neck at the shoulder. The reverse is choice, flawless except for a small nick under the E in AMERICA. Late die state, Breen state V, with all 6 of the "Wheelspoke" cracks on the reverse present, and each of them is clearly defined. The central reverse bulge is present as well, but the grade is high enough that ONE CENT remains visible and nearly complete. Called VF25 (Average Plus) and finest known in both the Noyes and Bland census lists, Noyes photo #21888. Our grade is VF25. The second finest known piece is impounded in the ANS, and these are followed by two examples grading Fine-12. This is the cent plated in Penny Whimsy to illustrate the Wheelspoke Reverse, and both sides are plated in the Noyes book and the Breen Encyclopedia (the plate coin in Breen is incorrectly identified as the Sears-ANS example). A beautiful example of this rare and very popular 1794 variety, certainly a highlight to any advanced collection of Large Cents. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; none finer at PCGS .
Estimated Value $75,000-UP.
Discovered in Los Angeles by Harold Straight in 1950-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr. 2/23/1992-Eric Streiner1/1993-Tom Morley 10/1993-Dr. Robert A. Schuman 4/1/1998-Walter Husak, Heritage 2/15/2008:2035-Dan Holmes, McCawley & Grellman Auctions/Goldbergs 9/6/2009:53-Paul Gerrie.
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| Realized $106,375 |
