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

2098

1796 1C Draped Bust, Reverse of 1795. VF35 PCGS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1796 1C Draped Bust, Reverse of 1795. VF35 PCGS.
<B>1796 1C Draped Bust, Reverse of 1795. VF35 PCGS. S-97, B-20, R.3.</B></I> <B>Bland VF35; CC-4. Noyes VF25; CC-5. Photo #22399. Our EAC Grade VF25.</B></I><BR><BR><B>Equivalents.</B></I> Proskey 16; Doughty 86; Gilbert 4; McGirk 6B; Ross 4C; Clapp-Newcomb 4; EAC 20; <I>Encyclopedia</B></I> 1690; PCGS #1401.<BR><BR><B>Variety. </B></I>Tops of 7 and 6 higher than 1 and 9. Reverse of 1795. Three outside triplets below UNITED. The obverse appears on S-97. The reverse appears on S-97 and 98.<BR><BR><B>Surfaces. </B></I>Dark olive and steel is intermingled with lighter brown on the devices, especially on the reverse. The surfaces have minor abrasions, including a heavier scrape through 79 in the date, a faint "x" scratch over ONE, and microscopic granularity.<BR><BR><B>Die State IV.</B></I> The obverse rim break in the dentils is plainly visible from 2 to 3 o'clock, the crack at the tops of TY is prominent, and the crack at the tops of BER is faint.<BR><BR><B>Appearances. </B></I>The obverse and reverse are illustrated in Noyes (2007).<BR><BR><B>Census.</B></I> In our opinion, Del Bland was a bit liberal grading this piece, and the Noyes grade seems more realistic. It is still interesting to relate the different grades and the associated rank in the Census. Bland grades the coin 10 points higher than Noyes, but only ranks it one spot higher in his roster.<BR><BR><B>Commentary.</B></I> Walter Breen identified this variety as number 86 in the Doughty reference, although he indicated that his attribution is tentative.<BR><BR><B>Provenance.</B></I> <I>Dr. George P. French (B. Max Mehl, 1929 FPL), lot 115, $60; T. James Clarke (1944); B. Max Mehl; Charles M. Williams (Numismatic Gallery, 11/1950), lot 103, $46; Judge Thomas L. Gaskill; New Netherlands (privately, 11/1956); Dorothy Paschal (1972); Robinson S. Brown, Jr. (Superior, 9/1986), lot 129, $2,530; Dr. C.R. Chambers; Dennis Mendelson (7/1991); Robinson S. Brown, Jr. (Superior, 1/1996), lot 136, $2,750.</B></I><BR><BR><B>Personality.</B></I> <B>Charles M. Williams</B></I> was a Cincinnati insurance executive whose collection was purchased outright by Sol Kaplan and Numismatic Gallery, then sold in a sale conducted by Numismatic Gallery. The collection was sold in November 1950, and offered an exceptional run of large cents, including a Chain cent, a Strawberry Leaf cent, a nearly complete variety collection of 1794s, and a Mint State 1801 Three Errors.<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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