Lot 59
1796 S-81 R3 Liberty Cap. PCGS graded MS-63 Brown. CAC Approved. Choice lustrous medium brown and light chocolate blending to light olive brown on the reverse. The only marks are a fine vertical hairline scratch hidden in the hair left of the face, a spot of reddish brown toning at the dentils over the left side of the O in OF, and a short scratch left of the first A in AMERICA. Nicely struck for this variety, which often comes with significant weakness inside the wreath. This piece show minor weakness on the highest elements of the hair and along the bottoms of ENT in CENT. MDS, Breen state II, with a very fine die crack from the right top of the Y to the nose before the eye. Struck slightly off center to K-5.5 leaving some of the dentils a bit short. This cent is the plate coin for the variety in the 1991 Noyes book on the early large cents and both sides are plated in the 1879 Frossard monograph. Graded MS60 net AU50 and tied for CC#2 in the Noyes census (although he called it MS60 and finest known in his 1991 census), his photo #21275. Bland says AU55 and tied for CC#2. Our grade is MS60. Comes with a very nice provenance that has been traced back well over 100 years. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 2; none finer at PCGS for the variety (PCGS # 35750) .
Estimated Value $30,000-UP.
Ex S. H. & H. Chapman 3/1883:297-Lorin G. Parmelee, New York Coin & Stamp Co. 6/1890:729-S. H. & H. Chapman-M. A. Brown, S. H. & H. Chapman 4/1897:765-George Earle, Henry Chapman 6/1912:3396-Clarence S. Bement, Henry Chapman 5/1916:300-Colonel James W. Ellsworth 3/1923-Wayte Raymond-Henry C. Hines-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner 1/1993-Tony Terranova-Kevin Lipton Rare Coins 8/1997.
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| Realized $27,025 |
