Lot 32
1794 S-54 R3. PCGS graded AU-58+. CAC Approved. Frosty olive brown and steel with hints of lighter reddish steel brown faded down from mint color in protected areas on the obverse. The surfaces are satiny and this cent has mint state eye appeal. There is a trace of friction on the highest points of the hair and a few tiny contact marks The notable marks are a trio of tiny pinpricks left of the eye, a couple more just left of the bottom of the cap, and a very tiny planchet flake in the middle of the jawline. Sharply struck E-MDS, Breen state II, showing die clashmarks on the reverse but no die crack on the obverse. Dentil fusing connects several dentils over AM in AMERICA. In addition there is a clear double profile from the forelock down to the chin plus similar doubling on the bust. Graded AU50 and CC#1 in the Noyes census, his photo #21974. Bland says AU50 and tied for CC#1. Our grade is AU50+, close to AU55. This cent is plated in both the Breen and Noyes references to illustrate the variety. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 1; none finer at PCGS for the variety (PCGS # 35624) .
Estimated Value $30,000-UP.
Ex Virgil M. Brand-Burdette G. Johnson (St. Louis Stamp & Coin Co.) 6/28/1944-Thomas L. Elder 7/17/1944-Leonard M. Holland, Pennypacker Auction Centre 5/8/1959-Dorothy Paschal-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner 8/1992 (Naftzger collection envelope included).
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| Realized $28,200 |
