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

2085

1796 1C Liberty Cap. MS64 Brown PCGS. S-84, B-5,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:32,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1796 1C Liberty Cap. MS64 Brown PCGS. S-84, B-5,
<B>1796 1C Liberty Cap. MS64 Brown PCGS. S-84, B-5, R.3.</B></I> <B>Bland AU55; tied for CC-8. Noyes AU55; tied for CC-6. Photo #21185. Our EAC Grade AU55.<BR><BR>Equivalents.</B></I> Proskey 3; Doughty 74; Gilbert D; McGirk 2B; Ross 2B; Clapp-Newcomb D; EAC 5; <I>Encyclopedia</B></I> 1681; PCGS #1392.<BR><B><BR>Variety. </B></I>Date slants down to right, 6 far from bust. Leaf touches left base of F. The obverse appears on S-84, S-85, S-86, and S-87. The reverse appears on S-82, S-83, and S-84. Plain Edge.<BR><B><BR>Surfaces. </B></I>Wonderful light brown surfaces have frosty luster and traces of darker brown on the highpoints. Hints of faded red can still be detected on the obverse and the reverse. Both sides are wonderfully preserved with few marks of any kind, other than the usual planchet chatter from the original copper stock.<BR><B><BR>Die State III.</B></I> The obverse has a faint bulge at the 6. The reverse is lightly cracked from the border over the final S to the tops of O and F. Die resurfacing is evident by the narrow border dentils on the reverse.<BR><B><BR>Appearances. </B></I>The obverse and reverse are illustrated in Noyes (2007).<BR><B><BR>Census.</B></I> About half a dozen Mint State examples are known, followed by a similar number of choice AU pieces, as recorded by Bland and Noyes.<BR><B><BR>Commentary.</B></I> S-84 is the ideal variety for the date or type collector who desires an attractive 1796 Liberty Cap cent without the competition from advanced cent specialists.<BR><B><BR>Provenance.</B></I> <I>Francis H. Lee (circa 1913); Essex Institute; Stack's (2/1975), lot 136, $2,000; Stack's; Herman Halpern (Stack's, 3/1988), lot 116, $7,150; Anthony Terranova (3/1988); R.E. Naftzger, Jr. (Early American Coppers, 4/1989), lot 57, $7,500; Robinson S. Brown, Jr. (Superior, 1/1996), lot 119, $15,400; Douglas F. Bird; Dennis Mendelson; Thomas D. Reynolds (1/1997).</B></I><BR><BR><B>Personality.</B></I> The <B>Essex Institute</B></I>, which divested most of its numismatic collection in a February 1975 sale held by Stack's, focused on the history of Essex County, Massachusetts. Housed in Salem, the most famous city in the county and one of the county seats, it was best known for its museum and library of historical documents, including papers relating to the Salem Witch Trials. In 1992, the Essex Institute and the Peabody Museum of Salem joined forces, and the combined Peabody Essex Museum has over 2.4 million artifacts and artworks from across the globe, including one of the most extensive collections of maritime art in the country.<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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