Lot 57
1795 S-77 R3 Plain Edge. PCGS graded AU-55+. CAC Approved. Choice glossy medium steel brown and light chocolate with a small area of darker olive brown toning around UN in UNITED. Mint frost shows in the protected areas on both sides and this cent offers excellent eye appeal. The only defects are some of the usual tiny planchet chips that are normally seen on the thin planchet strikes of 1795. The chips are located primarily on the portrait and around ST in STATES. The best identifying mark is a pinprick-sized planchet flake in the field near the dentils off the chin. A very attractive cent. M-LDS, Breen state IV, showing fine die cracks on the reverse and subtle swelling in the obverse fields. This is the plate coin for the variety in the 1991 Noyes reference. Graded AU55 net AU50 and tied for CC#2 honors in the Noyes census (#1 is in the ANS), his photo #20562. Bland says AU55, tied for CC#2 behind that same ANS example. So you can't acquire one any better than this, and it comes with an impressive provenance that can be traced back more than a century. Our grade is AU58. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 1; none finer at PCGS for the variety (PCGS # 35726) .
Estimated Value $15,000-UP.
Ex Peter Mougey-William H. Woodin, Thomas L. Elder #43, 9/1910:19-Dr. George P. French-B. Max Mehl 1929 FPL, lot 91 (where described as "an even olive proof")-Henry A. Sternberg-T. James Clarke 1944-B. Max Mehl-Lotus Sullivan-French's (A. French) #31, 4/26/1947:375-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner-Dennis Mendelson 10/1992 (Naftzger collection envelope included).
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| Realized $22,325 |
