Lot 431
1797 S-120b R2 Reverse of 1796, Gripped Edge. PCGS graded AU-58. CAC Approved. Glossy medium brown and chocolate with frosty light brown in protected areas and darker steel brown on the highpoints. No contact marks, just a hint of rub on the highest points from mint state. A small stain of slightly darker chocolate toning at ST in STATES is the best identifying mark. M-LDS, Breen state V, with crumbling on the profile. The Gripped Edge feature is obvious, even in the slab. Called AU55 and tied for CC#2 in the Bland census. Noyes says AU55 net EF45 (no reason noted for the difference) and tied for CC#5, his photo #24044. Our grade is AU50+. The attribution and Ralls provenance are noted on the PCGS label. PCGS population 1; none finer. (PCGS # 35900) .
Estimated Value $7,500-UP.
Ex George M. Andrus, United States Coin Co. 1/1915:153-Henry C. Hines-Dr. William H. Sheldon-Dorothy Paschal-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/1973:436 (as MS60)-First Coinvestors-Pine Tree Auction Company 2/1975:683-First Coinvestors-Pine Tree Auction Galleries 10/1976:220-unknown-Harmer Rooke Numismatists, Ltd. 9/1980:52-Mike Brownlee 1/1981-Dr. Philip W. Ralls.
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| Realized $15,275 |
