Lot 70
1796 S-92 R3+ Draped Bust, Reverse of 1795. PCGS graded AU-55. CAC Approved. Choice glossy steel brown and chocolate. Smooth, virtually flawless surfaces. No spots or stains, and the only mark of any significance is a very tiny rim bruise right of the Y in LIBERTY. MDS, Breen state III. Fine die cracks pass through BERTY with another from the lips to the rim at right. Called AU50 Choice and CC#4 in the Noyes census, his photo #24001. Bland also says AU50 and tied for CC#4. Our grade is EF45++, very close to AU50. This is the Breen plate coin for the variety and it comes with an outstanding provenance. The attribution and Holmes-Reynolds provenance are noted on the PCGS Secure label. Pop 3; 1 finer in 62 at PCGS for the variety (PCGS # 35813) .
Estimated Value $15,000-UP.
Ex David Proskey-Henry C. Hines-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/1973:411-First Coinvestors-Pine Tree Auction Co. 2/1975:670-William R. T. Smith-Myles Z. Gerson-Dr. Phil Ralls 5/2/1997-Jack Wadlington (via Bob Grellman & Chris McCawley) 6/30/2005-Daniel W. Holmes, Jr., McCawley & Grellman Auctions/Goldbergs 9/6/2009:148-Adam Mervis, Heritage 1/10/2014:2549 (the Naftzger and Holmes lot tickets are included).
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| Realized $19,975 |
