Lot 34
1794 S-59 R3-. PCGS graded MS-64 Brown. Very attractive lustrous steel and light olive brown with underlying lighter reddish steel brown faded down from mint color in the protected areas. A premium early large cent that offers outstanding eye appeal. The only defects are a barely visible shallow planchet flake high on the neck (and this flake displays slightly darker steel toning), microscopic planchet flakes at LIBE and the top of the cap, and a tiny nick on a leaf left of the O in ONE. Sharply struck early die state, Breen state I, without any die breaks or clashmarks. Called MS60 Choice and CC#3 in the Noyes census lists, photo #22842. Bland agrees MS60 and CC#3. Our grade is MS62. A great cent that comes with an equally impressive provenance. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; the Finest graded at PCGS .
Estimated Value $50,000-UP.
Ex George F. Seavey, W. H. Strobridge 6/18/1873-Lorin G. Parmelee, New York Coin & Stamp Co., 6/25/1890:685-J. F. Anger-Colonel James Ellsworth 3/1923-Wayte Raymond-Charles E. Clapp, Sr., 12/1924-George H. Clapp-ANS-Dr. William H. Sheldon 1964-Dorothy Paschal 1968-R. E. (Ted) Naftzger, Jr., New Netherlands Coin Co. 11/14/1973:380-John W. Adams, Bowers & Ruddy 1982 FPL, lot 55-Dr. Allen Bennett-Walter Husak, Heritage 2/15/2008:2061-Chris McCawley 4/2008-Paul Gerrie (Note: The apparently undocumented transfer of this and many other cents from the ANS to Dr. Sheldon prior to 1972, which was judged in court to be an unauthorized transfer, resulted in a judgment against Ted Naftzger, Jr., and on 1/26/2001 Mr. Naftzger compensated the ANS for their loss. Also see the note at the end of the lot description for the 1794 S-36 offered earlier in this sale.).
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| Realized $100,625 |
