Lot 162
1798 S-153 R3 Style I Hair, Large 8 PCGS graded XF40. Rather frosty medium to dark chocolate brown and steel. No corrosion or verdigris, only a few trivial marks. The notable ones are a tiny diagonal scratch at the left edge of the curl under the hair ribbon and a shallow planchet flake below the berry under the M in AMERICA. Rare TDS, Breen state VII, with a strong cud break that connects the bust to the rim. In addition there is a narrow but clear double profile on the chin and tip of the nose (from die bounce). The obverse of this cent is plated in Dr. Sheldon's Early American Cents and Penny Whimsy to illustrate the late die state. Graded VF30 net VF25 and tied for CC#7 overall in the Noyes census (but second finest of those known with the cud break), his photo #21041. Called VF30 by Bland and tied for CC#8 in the Breen/Bland census. Our grade is VF30. Comes with a very nice provenance. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 1; 5 finer at PCGS for the variety, 2 in 50, 1 in 53, 2 in 58. Estimate Value $2,000 - UP
Ex Thomas L. Elder 5/1931:952-Henry C. Hines-Dr. William H. Sheldon-Dorothy Paschal 6/1977-R. E. Naftzger Jr., 2/23/1992-Eric Streiner 3/30/1992-C. Douglas Smith-Dr. Robert A. Schuman, McCawley & Grellman Auctions/Superior 9/5/2004:345.
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| Realized $3,173 |
