Lot 17
1794 S-26 R2. PCGS graded AU-55. CAC Approved. Choice frosty medium brown and light chocolate. A beautiful cent that offers outstanding eye appeal; essentially flawless. The only defects are some microscopic planchet chips, as struck, around LIBERTY plus a very light nick on the jaw over the throat and another in the field close below the cap. Nicely struck E-MDS, Breen state II. A radial crack reaches from the rim through the E in STATES ending just before reaching the leaf below, and there is a single set of die clashmarks on the reverse. The reverse of this cent is plated in the Samuel H. Chapman 1926 monograph on the cents of 1794. Graded AU50 and tied for CC#6 in the Noyes census his photo #61040. Bland says AU55 and tied for CC#5. Our grade is AU50 Choice. Comes with a provenance that can be traced back well over a century. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 1; 4 finer at PCGS for the variety, 2 in AU58, 1 in MS65, and 1 in MS66 (PCGS # 35543) .
Estimated Value $15,000-UP.
Ex George M. Klein, W. Elliot Woodward #95, 5/1888:2007-John P. Lyman, S. H. Chapman 11/1913:400-Henry C. Hines-T. James Clarke 10/1954-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/14/1973:348-First Coinvestors, 1975 EAC Sale, Pine Tree Auction Co. 2/1975:614-John W. Adams-Dr. Robert J. Shalowitz-Ed Hipps-unknown-Auction '90 (Stack's) 8/10/1990:27-Stack's 1991 FPL, lot 11-unrecorded 2/2010.
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| Realized $24,675 |
