Lot 90
1796 NC-1 R6 Draped Bust, Reverse of 1797. PCGS graded EF-45. CAC Approved. Very attractive glossy medium chocolate brown with darker steel brown toning on the highpoints. No hint of roughness or verdigris, only a few trivial contact marks on smooth surfaces. The notable marks are a light rim bruise over the L in LIBERTY, a tiny pinprick on the bust, and another low on the neck. Nicely struck EDS, Breen state I. The obverse die is uncracked and there is a strong double profile from the forehead down to the tip of the nose. Additional less-obvious doubling shows on the legends at the top of the reverse, all the doubling a result of die bounce. This is the plate coin for the variety in the 1991 Noyes reference. Graded VF30 net VF20 and CC#1 in the Noyes census (although he graded it VF30 in his 1991 reference), his photo #21411. Bland says VF25 and finest known in his census as well. Our grade is VF25+, close to VF30. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 1; none finer at PCGS for the variety. The only example graded at PCGS (PCGS # 35873) .
Estimated Value $15,000-UP.
Ex Henry C. Miller, Thomas L. Elder 4/13/1917:739-Henry C. Hines-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner 12/1993 (Naftzger collection envelope included).
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| Realized $14,100 |
