Lot 18
1794 S-27 R5. PCGS graded EF-40. Frosty steel brown and chocolate. The reverse is smooth, essentially choice with only a few trivial contact marks. The obverse, however, suffers from numerous very shallow planchet voids, as struck, on otherwise smooth surfaces. There are a couple thin voids on the forehead reaching into the field, and these fissures contain traces of reddish planchet impurity. The only contact mark is a dull rim nick right of the Y in LIBERTY. LDS, Breen state IV, with a relatively strong die crack from the rim to the curls below the cap plus a dull horizontal wave from the chin to the rim on the right. An important example of this rare variety in spite of the imperfect planchet. Graded VF35 net VF25 and CC#5 in the Noyes census, his photo #25247. Bland says VF35 and tied for CC#3. Our grade is VF35 net VF25. The attribution and Reynolds provenance are noted on the PCGS label. Pop 1; 1 finer in AU50 at PCGS for the variety (PCGS # 35546) .
Estimated Value $15,000-UP.
Ex Europe-New England Rare Coin Galleries 10/1982-H. Lee Martens-1987 EAC Sale 3/1987:93-Tony Terranova-Herman Halpern, Stack's 3/16/1988:36-Tony Terranova 1/30/1989-Daniel W. Holmes, Jr.-Chris McCawley-Walter Husak 12/3/2005-Scott Barrett 8/2012-Kenneth Goldman 7/2013.
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| Realized $14,100 |
