Lot 18
1796 S-103 R4+ Draped Bust, LIHERTY Error PCGS graded AU55. Glossy medium chocolate brown and steel with lighter brown in protected areas and slightly darker steel brown on the highpoints. The surfaces are smooth, void of any corrosion or verdigris, and the eye appeal of this cent is excellent. The only defects are some minor contact marks, including two faint hairline scratches from the hair below the ear lobe down to the bottom of the neck near the drapery, a dull nick on the rim over the T in LIBERTY, and a minor rim bruise over the C in AMERICA. LDS, Breen state II, with several fine die cracks on the reverse. The date and legends are strong and the LIHERTY error is bold. Our grade is net EF40. Bland says EF40 as well and CC#5 in his census. Noyes says AU50 sharpness net VF35 (for a possible very old retoning, which may be true), and tied for CC#5, his photo #34609. Both sides of this cent are plated in Early American Cents and Penny Whimsy. Clearly one of the finest LIHERTY Obverse 1796 cents available to collectors, and it comes with a great provenance. The attribution and Koshkarian provenance are noted on the PCGS label. PCGS population 1; the finest graded at both services. Estimate Value $22,000 - UP
Ex consignor "M" S. H. Chapman-S. H. Chapman 6/20/1913:483-Dr. Henry W. Beckwith, S. H. Chapman 4/27/1923:10-Howard R. Newcomb, J. C. Morgenthau & Co., #458, 2/7/1945:104-James Kelly-Alvin J. Fink-T. James Clarke-Dr. William H. Sheldon-Dorothy I. Paschal-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/14/1973:421 (plated)-Stack's-John L. Roper II, Stack's 12/8/1983:450-John Whitney 1/1996-Tony Terranova-Dr. Eugene Sherman 1/1997-John B. MacDonald (via Denis Loring)-Wes Rasmussen, Heritage 1/13/2005:3119-Tony Terranova (includes the Terranova envelope).
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| Realized $51,700 |
