Lot 576
1798 S-181 R3 Style II Hair, Small 8. PCGS graded MS-64+ Brown. CAC Approved. Very attractive lustrous medium brown with darker steel brown toning on the highpoints and frosty lighter golden brown and tan in protected areas. Hints of very faded mint red can be found on the reverse. The only mark is a small splash of darker brown toning at the second S in STATES. LDS, Breen state IV, with a slightly raised retained cud break at the bust tip and a narrow rim cud break over the L in LIBERTY. The reverse is rotated 35 degrees CCW relative to the normal head-to-foot die orientation. The reverse of this cent is plated in Early American Cents and Penny Whimsy, and the obverse is illustrated in the 1991 Noyes reference to show the late die state. Called MS63 and CC#1 in the Bland census. Noyes says MS60 and tied for CC#2 (he graded it MS65 tied for CC#1 in his 1991 reference), his photo #23079. Our grade is MS62+. And it comes with a nice provenance. One prominent prior owner, Henry C. Hines, won an exhibit award at an ANA Convention where he displayed this cent with the title "The Most Perfect Early Cent." The attribution and Ralls provenance are shown on the PCGS label. PCGS population 1, none finer. (PCGS # 36110) .
Estimated Value $30,000-UP.
Ex J. Coolidge Hills, Lyman H. Low #211, 12/1923:360-Henry C. Hines-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/14/1973:497-Dr. Philip Horowitz-Robert Rose (Renrob Coins)-Del Bland 1/21/1981-C. Douglas Smith 12/14/1990-Dr. Philip W. Ralls.
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| Realized $49,350 |
