Lot 52
1797 S-140 R1 PCGS "Genuine, Unc Details, Altered Surfaces" (PCGS graded MS64BN in our 2/14/2008 sale). Attractive lustrous bluish steel brown and chocolate with peeps of faded mint color in protected areas on both sides. The surfaces are satiny and this cent is very choice except for a mint-made planchet lamination in the field off the ribbon ends. There is another far less visible lamination hidden in the hair right of the hair ribbon and a tiny one at the right foot of the T in LIBERTY, all as struck. Otherwise this cent offers superior eye appeal in every respect. M-LDS, Breen state VII. The area over ST in STATES shows clear clashmarks from the dentils and the bust area is swollen. The obverse is plated in the Noyes book to illustrate the later die state of the obverse die. Called MS62 and CC#2 of only two mint state examples known to Bland). Noyes calls this one MS60 sharpness net AU50 for the planchet defects and tied for CC#2, his photo #21089. Our grade is MS63 net MS62 for the planchet flaw. Any way you cut it, this is a high CC example of the die variety. The attribution and Paul Gerrie provenance are shown on the PCGS label. Pop 1; the Finest at PCGS.
Estimated Value $15,000-UP.
Ex Charles R. Mathewson 1955-Copley Coin Co.-Dorothy Paschal-John W. Adams-Stephen L. Brown-John G. Wood 7/3/1980-R. E. (Ted) Naftzger, Jr., McCawley & Grellman Auctions/Goldbergs 9/14/2008:174-Chris McCawley 9/2008-Paul Gerrie.
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| Realized $18,400 |
