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1795 NC-2 R8 Plain Edge with ONE CENT High. Struck

Currency:USD Category:Coins & Paper Money / US Coins Start Price:5,000.00 USD Estimated At:10,000.00 USD
1795 NC-2 R8 Plain Edge with ONE CENT High. Struck
1795 NC-2 R8 Plain Edge with ONE CENT High. Struck over 1794 Talbot Allum & Lee Cent. About Good-3. Sharpness G6 where properly struck up, but much of the legend is lost in the undertype of the TAL cent. There is an "X" lightly scratched across the obverse. The planchet is mostly smooth, but there is some very fine roughness in protected areas. Fairly glossy chocolate brown. The date and portrait are clear, and at least half the reverse is legible. The edge is smooth and shows no trace of the lettering which is normally found on TAL cents (some of which come with plain edges). Slightly the finer of only two known, and both of these are struck over 1794 TAL cents. This is the discovery coin for the variety, which is the only one that uses this distinctive obverse die. Weight 145.2 grains. Called AG3 and finest in the Bland census. Noyes says Fair-2 and tied with the other example, his photo #21319. A side-by-side comparison of the two pieces (which we were able to perform) shows this one is clearly superior. This is the plate coin used to illustrate the variety in the Noyes book. DWH #1776.
Estimated Value $10,000-UP.
Ex Lester Merkin (discovered by Walter Breen in a date set purchased by Lester Merkin 11/68) 3/69:649-R. E. Naftzger, Jr., 2/23/92-Eric Streiner 8/13/92-R. S. Brown, Jr., Superior 1/27/96:108.

Our item number 142662