Lot 508
1798 S-156 R5+ Style I Hair, Small 8, Reverse of 1796. PCGS graded VF-30. Glossy medium chocolate brown and light olive with lighter brown toning in a few of the protected areas on the obverse. Excellent eye appeal for the grade, especially for this very tough variety. The notable marks are a light rim bruise above the bust tip, traces of shallow reddish crud in protected areas on the lower half of the reverse, and a very light rim bruise at the T in UNITED. M-LDS, Breen state II late, with a clear die crack from the rim through the bust tip branching through the shoulder and curls into the field below the hair ribbon. A premium example of this very rare variety, the rarest of the Reverse of 1796 variants. Called VF20 and tied for CC#2 in the Bland census. Noyes says VF30 net VF25 and CC#2, his photo #24329. Our grade is VF20+. The single finer example in the condition census is only marginally sharper and it has noticeable marks. The attribution and Ralls provenance are shown on the PCGS label. Pop 1; none finer at PCGS. Only 2 examples graded for the variety and the other one is VG-10. (PCGS # 36005) .
Estimated Value $10,000-UP.
Ex Dean Oakes 11/1967-C. Douglas Smith-Dr. Philip W. Ralls.
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| Realized $19,975 |
