Lot 86
1796 S-113 R5 Draped Bust, Reverse of 1797. PCGS graded EF-40. Reverse of 1797. Glossy steel and light olive brown with a spot of darker olive brown toning in the field touching the hair under LI in LIBERTY. Smooth surfaces affected by only a few minor contact marks. These include a dull, light rim nick opposite the throat, a slightly stronger one left of the first S in STATES, and light rim bruises at ES and F. M-LDS, Breen state IV, with a strong die crack through the lowest curl and 17 with a lighter extension meandering up through the 96. Called EF40 net VF30 and CC#2 behind only the ANS example in the Noyes census, his photo #24268. Bland says VF30 and CC#3. Our grade is VF30 as well. Comes with a great provenance. The attribution and Holmes-Reynolds provenance are noted on the PCGS Secure label. Pop 1; none finer at PCGS for the variety (PCGS # 35855) .
Estimated Value $12,000-UP.
Ex Henry C. Hines-Dr. William H. Sheldon-Dorothy Paschal-Dr. Calvin Ennis-Jerry Cohen-Jack Beymer 4/15/1989-Dr. Phil Ralls 1998-Robert C. Clark, Bowers & Merena 8/9/2000:263-Jack Wadlington (via Bob Grellman & Chris McCawley) 6/30/2005-Daniel W. Holmes, Jr., McCawley & Grellman Auctions/Goldbergs 9/6/2009:190-Adam Mervis, Heritage 1/10/2014:2582 (Bowers & Holmes lot tickets included).
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| Realized $18,800 |
