Lot 24
1794 S-38 R5+ PCGS "Genuine, XF Details, Cleaning". Sharpness EF40 but cleaned and retoned frosty dark steel and reddish chocolate brown with lighter steel brown and tan toning in protected areas. There are some light contact marks on both sides including a vertical nick on the left top of the N in CENT, a couple diagonal nicks left of the O in OF, and a dull rim nick over the first A in AMERICA. The surfaces are decent but not perfectly smooth. A strong glass reveals uniform microscopic granularity covering both sides. No verdigris. Breen die state I. The inner chip in the field under the cap is strong but the one closer to the dentils is faint. Breen thought that the two chips got stronger as the die worn down, but this cataloger believes the chip got weaker as time went by. So, Breen says this piece is from the early state of the dies while I believe it is from the late state. Regardless, this is a sharp condition census example of a tough variety. Bland says net VF25 and tied for CC#4 in his census. Noyes says EF40 net VF25 and CC#4 by itself, his photo #28743. Our grade is net VF25 as well. And it comes with an extensive provenance that includes several distinguished numismatists. The attribution and Paul Gerrie provenance are noted on the PCGS label.
Estimated Value $10,000-UP.
Ex Henry C. Miller, Thomas L. Elder 4/1917:690-Dr. George P. French-B. Max Mehl 1929 FPL, lot 67-T. James Clarke 1944-B. Max Mehl FPL #106 6/1945:1648-B. Max Mehl FPL #112 4/1949:2312-Willard C. Blaisdell 2/17/1975-Del Bland-Myles Z. Gerson 1/1981-Denis Loring 2/1981-Bertram Cohen-Early American Numismatics Sale #2 1985:528-Bertram Cohen-Kenedi Numismatic Auctions 1/1986:46-Bertram Cohen-Henderson-Evan L. Kopald, McCawley & Grellman Auctions/Goldbergs 9/20/2010:771-Paul Gerrie.
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| Realized $14,950 |
