Lot 174
1798 S-167 R1 Style II Hair, Large 8 PCGS graded AU58, CAC Approved. Frosty golden tan and light brown with darker steel brown toning on the highpoints of the devices. A beautiful cent with just a hint of friction on the highpoints and no notable defects. The best identifying marks, and they are barely visible, are a nearly vertical nick well hidden in the drapery over the left side of the 8 and a tiny puff of dark steel toning over the left top of the N in UNITED. M-LDS, Breen state V early. The die crack down through the B in LIBERTY to the earlier crack above the ear is clear but the cud break at the top of the first T in STATES has not formed. The crack that outlines the impending cud is strong, but the cud itself is missing. A neat intermediate die state. This cent is relatively famous. Both sides are plated in the 1931 George Clapp reference on the cents of 1798 & 1799, both sides are plated in Sheldon's Early American Cents and Penny Whimsy, and the obverse is plated in the 1991 Noyes reference. Graded AU55 Choice and tied for CC#3 in the Noyes census, his photo #20701. Bland says AU55 and tied for CC#3. Our grade is AU55. A wonderful cent that comes with a very nice provenance. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 4; 3 finer at PCGS for the variety, 2 in 63, 1 in 64. Estimate Value $5,000 - UP
Ex Henry C. Miller, Thomas L. Elder 4/13/1917:758-Howard R. Newcomb, J. C. Morgenthau & Co. #458, 2/7/1945:233-James Kelly-James Kelly Auctions 11/29/1947:930-Harold Bareford 9/13/1985-Herman Halpern, Stack's 3/16/1988:154-R. E. Naftzger, Jr. 2/23/1992-Eric Streiner 8/2005-Tom Reynolds Collection.
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| Realized $31,725 |
