SOLD
27,000.00USDto floor + buyer's premium (5,400.00)
This item SOLD at 2009 Sep 06 @ 16:16UTC-07:00 : PDT/MST
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1796 NC-7 R8- Draped Bust with Stemless Wreath. PCGS graded Fair-2. Nice glossy chocolate brown. The surfaces are smooth and very nice for the grade, just heavily worn. The only notable mark is a dull nick touching the base of O in ONE. The date is full and reasonably strong considering the amount of wear, just the base of the 1 fading into the rim below. LIBERTY is mostly worn away, but RTY can be made out with some difficulty. About a third of the reverse remains legible, including ONE CENT, OF, and most of the wreath. The stemless feature is clear on the right side of the fraction, but is worn smooth on the left side. An attractive example for the grade, and the important attribution features are clear. Third finest of only 3 known. This variety features a previously unused obverse die (Breen #26) mated with the stemless reverse of 1797 S-143 & NC-8. The finest is a heavily tooled example in the ANS collection. There is a fourth impression from this pair of dies, but it hardly counts as an example of the NC-7 die variety. It is actually a half cent struck over a cut-down example of this large cent variety, and the stemless wreath feature is not present as that part of the design is off the smaller planchet. The significance of the half cent is that it validated the tooled Clapp coin in the ANS as the only known example (at that time) of a distinct variety. Dr. Sheldon listed the ANS coin in his Early American Cents published in 1949 as "NC-6". When he published Penny Whimsy in 1958 Dr. Sheldon was sufficiently skeptical of the tooled coin that he "delisted" the variety, believing it was created by tooling some other known die variety. Graded G5 net AG3 and tied for CC#2 among the 3 known examples in the Noyes census, his photo #38900. Called AG3 and tied for CC#2 in the Bland census. The amount of wear, especially on the reverse, probably doesn't justify the AG3 grade assigned by these census graders, but the superior color and surfaces make the slightly higher grade easy to accept. However, our grade is Fair-2+. PCGS Population 1; The only example graded at PCGS for the variety. DWH #1876.
Estimated Value $20,000-UP.
Discovered by Rod Burress in April or May 1999 in a box of large cents offered by a non-EAC dealer at the Green Hills Coin Show (Ohio), then to Dan Holmes 11/18/99.
Our item number 142745
Auction Location:
The Crowne Plaza Beverly Hills - Del Ray Ballroom - 1150 S Beverly Drive, Beverly Hills, California, 90035, United States
Previewing Details:
LOT PREVIEW SCHEDULE
By Appointment Only
August 1-28, 2009
9am - 5pm
OPEN LOT VIEWING
August 31 - September 7, 2009
9am - 5pm
350 South Beverly Drive, Suite 350
Beverly Hills, CA 90212
310-551-2646 | 800-978-2646
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
Shipping Details:
Will ship worldwide
Payment Details:
No Info Available
Accepted Payment Methods:
- VISA
- Master Card
- Money Order/Bank Draft
- Check/Cheque
These Terms And Conditions Of Sale Set Forth The Terms Of A Public Auction Sale Conducted In Beverly Hills, California By Ira & Larry Goldberg Coins & Collectibles, Inc., A Nevada Corporation, California Auction Bond No. 3s95453300 (Hereinafter, The "Auctioneer" Or "Goldberg").
The Terms And Conditions Of Sale, The Glossary, If Any, And All Other Contents Of This Catalog Are Subject To Amendment By Us By The Posting Of Notices Or By Oral Announcements Made During The Sale.
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Disclaimers And Warranties
All Items Offered In This Catalogue Are Guaranteed To Be Genuine.
This Is A Limited Warranty That The Item Sold Is Not Counterfeit, That Its Date Or Mintmark Has Not Been Altered And That The Coin Has Not Been "Repaired."
29. Any other warranty is expressly disclaimed; Goldberg offers no representation that a numismatic item has or has not been cleaned; that any toning is natural or artificial; that any coin will meet the standards or grade of any independent grading service; that any item has a particular provenance or pedigree, or that a numismatic item is struck or produced in a particular style. Any statement concerning such matters reflects an opinion only. Questions regarding the minting of a coin as a proof or as a business strike relate to the method of manufacture and not to authenticity.
a. The descriptions contained herein represent the Cataloger's good faith opinion, or the opinion of an independent grading service, as to the state of preservation and strike. When a grade from an independent grading service is utilized, the information is provided strictly for the convenience of the bidder by mail, telephone or facsimile. Bidders and Purchasers acknowledge that (i) grading is an art, not a science; (ii) the grades contained in the catalogue represent the opinion of the Auctioneer based upon its experience; (iii) it is possible that two people will not always grade the same items alike; and (iv) as market conditions change, grading standards change, and will most likely continue to do so in the future.
NO WARRANTY, WHETHER EXPRESSED OR IMPLIED, INCLUDING ANY WARRANTY OF MERCHANTABILITY, IS MADE WITH RESPECT TO ANY GRADE DESCRIPTION, WHICH IS MERELY AN OPINION THAT IS LIKELY TO DIFFER, EVEN AMONG EXPERTS. PURCHASER HEREBY ASSUMES ALL RISKS CONCERNING AND RELATED TO THE GRADING OF A LOT BY AN INDEPENDENT GRADING SERVICE.
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COINS & CURRENCY LISTED IN THIS CATALOGUE GRADED BY PCGS, NGC, ICG, SEGS, ACCUGRADE, PCI, NTC, CGA, PMG OR ANACS CACHET MAY NOT BE RETURNED FOR ANY REASON WHATSOEVER.
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Waiver and Releases:
Purchaser, for himself, his heirs, agents, successors and assigns, generally and specifically waives and releases, and forever discharges Goldberg, and its respective affiliates, parents, shareholders, agents, subsidiaries, employees, members of their respective boards of directors, and each of them, and their respective successors and assigns from any and all claims, rights, demands and causes of action and suites, of whatever kind or nature, whether in law or equity, whether known or unknown, suspected or unsuspected, which Purchaser may claim to have with respect to and/or arising out of, or in connection with any challenge to the title to any good purchased, the sale itself and/or the auction, except for reimbursement in the amount equal to any bid actually paid by Purchaser, plus any Buyer's Commission actually paid by Purchaser where such reimbursement is authorized in these Terms and Conditions of Sale. It is the intention of Purchaser that this waiver and release shall be effective as a bar to each and every claim, demand, cause of action and suit that may arise hereunder, and Purchaser hereby knowingly and voluntarily waives any and all rights and benefits otherwise conferred upon him by the provisions of the California Civil Code, which reads in full as follows:
"A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR."
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