Lot 112
1797 S-137 R2. PCGS graded AU-53. CAC Approved. Choice glossy medium chocolate brown with frosty slightly lighter steel brown toning in protected areas. A beautiful cent showing no marks and only very light friction on the highest points of the devices. The only marks are a few microscopic planchet chips, as struck. MDS, Breen state III, with a fine die crack from the dentils through the right end of the wreath ribbon ending at the adjacent A. Generous traces of fine die rust (tiny lumps on the coin) can be found on the obverse. The repunching on the first S in STATES is still visible. This is the plate coin for the variety in the Breen encyclopedia on the cents of 1793-1814. Graded AU50 Choice and tied for CC#1 honors in the Noyes census, his photo #23024. Bland says AU50 and tied for CC#2 in his census. Our grade is EF45 Choice. Any way you look at it, this is a very attractive cent. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 2; 1 finer in AU55 at PCGS for the variety (PCGS # 35942) .
Estimated Value $7,500-UP.
Ex David Proskey-Henry C. Hines-Lillian Scheer (Hines' housekeeper)-Homer K. Downing 1949-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr.-Denis Loring-Jack H. Beymer 6/17/1975-C. Douglas Smith-Dr. Robert A. Schuman, McCawley & Grellman Auctions/Superior 6/5/2000:160 (the lot ticket and C. D. Smith collection envelope are included).
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| Realized $8,519 |
