LOT Old Heritage Auctions  /  2008 February Long Beach Signature Coin #460  / 

2081

1795 1C Plain Edge. MS62 Brown PCGS. S-78, B-8,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:9,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1795 1C Plain Edge. MS62 Brown PCGS. S-78, B-8,
<B>1795 1C Plain Edge. MS62 Brown PCGS. S-78, B-8, R.1. </B></I> <B>Noyes AU55; CC-11. Photo #28709. Our EAC Grade AU55.<BR><BR>Equivalents.</B></I> Proskey 7; Doughty 70; McGirk 5A, 5B, 5C; Clapp-Newcomb 6; EAC 7; <I>Encyclopedia </B></I>1676; PCGS #1380.<BR><B><BR>Variety. </B></I>Date and LIBERTY are closely spaced. ONE CENT centered in wreath and widely separated. The obverse appears on S-78. The reverse appears on S-78. Plain Edge.<BR><B><BR>Surfaces. </B></I>Frosty surfaces retain nearly full cartwheel luster with slight reflectivity in the fields. Both sides have numerous tiny prestrike planchet nicks, and only a few other blemishes. Pleasing tan color with splashes of darker brown and minor reddish stains.<BR><B><BR>Die State V.</B></I> Several sets of weak clash marks are visible. Breen suggests that all clash marks are gone and the dies are polished, giving the surfaces a prooflike appearance that is seen here. Either the dies reclashed, or the die polishing procedure did not remove them entirely. Minor die buckling is visible in the right obverse field.<BR><B><BR>Appearances.</B></I> The obverse and reverse are illustrated in Noyes (2007).<BR><B><BR>Census.</B></I> A common variety that is usually available in all grades, although Mint State coins can be elusive.<BR><B><BR>Commentary.</B></I> According to Breen, reverse F (S-78) is "a Gardner die copying reverse C." Reverse C is found on S-76b. If Breen is correct, Gardner's talents were poorly utilized copying the work of others.<BR><BR><B>Provenance.</B></I> <I>M.A. Brown (Chapman Brothers, 4/1897), lot 764; Ed. Frossard; Allison Jackman (Henry Chapman, 6/1918), lot 704; S.H. Chapman; later, Frank H. Masters, Jr. (RARCOA, 5/1971), lot 88; Milton Bentley; Stack's (3/1986), lot 1017, $3,520; Anthony Terranova; Herman Halpern; Denis W. Loring (5/1986); Robinson S. Brown, Jr. (Superior, 1/1996), lot 111, $7,975.</B></I><BR><BR><B>Personality.</B></I> <B>Robinson S. Brown, Jr.,</B></I> holds a unique place in the history of large cent collecting, assembling a complete collection of Sheldon numbered varieties on two different occasions. He was born in 1917 and spent five decades with Brown-Forman Distillers of Louisville, Kentucky, most famous for Jack Daniel's whisky. He retired as chairman of the board in 1982. Superior sold his first collection of large cents (1793-1857) in 1986 and his second collection (1793-1839) a decade later. The third Superior sale of coins from the Brown collection consisted of only late-date cents, auctioned in 2002. Brown died on July 28, 2005.<BR><BR><B>Sheldon-79.</B></I> Y entirely over forelock. Leaf triplet below OF. The obverse appears on S-79. The reverse appears on S-79. Reeded Edge.<BR><BR>Sheldon-79 is one of just three Sheldon numbers missing from the Husak Collection. The others are the 1793 Sheldon-15 and the 1795 Jefferson Head (S-80). The Reeded Edge cent is the most coveted Sheldon number of the entire series. Just six examples are known, including one that is a brockage with a hole. The finest known grades just VG8. Some numismatists consider the Reeded Edge to be a pattern or experimental coin.<BR><BR><B>Sheldon-80.</B></I> Jefferson Head. Long ribbons. The obverse appears on S-80, NC-1, and NC-4. The reverse appears on S-80 and NC-4.<BR><BR>Sheldon-80 is one of just three Sheldon numbers missing from the Husak Collection. The others are the 1793 Sheldon-15 and the 1795 Reeded Edge (S-79). The Jefferson Head is believed a private production of John Harper in connection with his proposal to provide the nation with contract coinage. There are some who consider the Jefferson Head nothing more than a contemporary counterfeit, although most advanced students of the series classify the coin as a private pattern produced in support of a proposal to government.<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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