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

2107

1796 1C Draped Bust, Reverse of 1794. VF30 PCGS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1,800.00 USD Estimated At:1.00 - 1,000,000.00 USD
1796 1C Draped Bust, Reverse of 1794. VF30 PCGS.
<B>1796 1C Draped Bust, Reverse of 1794. VF30 PCGS. S-106, B-14, High R.4.</B></I> <B>Bland VF20; tied for CC-7. Noyes Fine 15; CC-8. Photo #24282. Our EAC Grade Fine 15.<BR><BR>Equivalents.</B></I> Gilbert 25; McGirk 12H; Ross 8E; Clapp-Newcomb 23; EAC 14; <I>Encyclopedia</B></I> 1684; PCGS #1404.<BR><B><BR>Variety. </B></I>IBE widely spaced. 6 leans right. Reverse of 1794. Variable die chips below E of UNITED. The obverse appears on S-106. The reverse appears on S-106, S-107, S-108, S-109, S-110, and S-111.<BR><B><BR>Surfaces. </B></I>Delightful surfaces with light tan and medium brown intermingled on both sides. A few light abrasions and minor hairlines are consistent with the modest grade of this splendid specimen. A small scrape on the neck is blended with the surrounding area and not immediately evident. Here is another example that, in our opinion, is unjustifiably described as "average minus" by Noyes.<BR><BR><B>Die State III.</B></I> A minor die crack right of the 7 joins the bust and border. Light clash marks are visible on the reverse.<BR><BR><B>Appearances. </B></I>The obverse and reverse are illustrated in Noyes (2007).<BR><BR><B>Census.</B></I> Although Noyes lists this specimen as eighth finest known, it is sixth best in collectors' hands. The finest known and the seventh finest known are both part of the ANS Collection. Del Bland says it is tied for seventh finest, again with a finer example in ANS, thus it is tied for sixth best available to collectors.<BR><BR><B>Commentary.</B></I> Gilbert's variety 8 was created through a typographical error and is the same as his variety 25.<BR><BR><B>Provenance.</B></I> <I>Chuck Furjanic; Denis W. Loring; Dr. Robert J. Shalowitz; Chuck Furjanic; Del Bland; Myles Z. Gerson; Dr. Philip W. Ralls; Denis W. Loring; Robert C. Clark (Bowers and Merena, 8/2000), lot 258, $2,185; Chris Victor-McCawley.</B></I><BR><BR><B>Personality.</B></I> <B>David Ott</B></I> was a schoolmaster in Philadelphia, according to the 1790 Federal Census. It is believed that he was born circa 1750 and died March 17, 1809, according to records of Pennsylvania wills. He served the Mint as temporary melter and refiner, according to the October 10, 1795 payroll. The 1800 Federal Census shows that Ott lived in the South Mulberry ward of Philadelphia.<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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