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Sale 90

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Lot 138

1798 S-153 R3 Style I Hair, Large 8. PCGS graded AU-55. CAC Approved. Frosty steel brown and chocolate with lighter reddish tan and steel brown faded from mint color in protected areas. No roughness or verdigris, only a few light contact marks. The notable ones are a nick close under the lowest curl, a diagonal nick hidden in the hair under the ear lobe, and a small chip on the rim over the E in UNITED. M-LDS, Breen state V early. The die crack from the lowest curl up into the field is clear and there is an obvious bulge to the right of the crack, but the crack through the tops of LIBE has not extended through RTY. This is the plate coin for the die variety in Early American Cents, Penny Whimsy, and the 1991 Noyes reference. Graded AU55 net EF45 and CC#2 in the Noyes census (but he has it as AU50 and CC#1 in his 1991 census), his photo #21314. Bland says EF45 and tied for CC#1. Graded VG10 net VG8 by Noyes, his photo #39708.Our grade is EF45+. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 2; none finer at PCGS for the variety (PCGS # 36029) .
Estimated Value $12,000-UP.
Ex Henry C. Miller, Thomas L. Elder 4/13/1917:768-Henry Chapman-Dr. George P. French, B. Max Mehl 1929 FPL, lot 190-Henry A. Sternberg 8/1930-T. James Clarke 1949-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner 4/2/1992.

Realized $10,575

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