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

2090

1796 1C Liberty Cap. VF35 PCGS. S-89, B-10, R.3

Currency:USD Category:Coins & Paper Money / US Coins Start Price:2,200.00 USD Estimated At:1.00 - 1,000,000.00 USD
1796 1C Liberty Cap. VF35 PCGS. S-89, B-10, R.3
<B>1796 1C Liberty Cap. VF35 PCGS. S-89, B-10, R.3.</B></I> <B>Bland VF20; tied for CC-9. Noyes VF20; tied for CC-6. Photo #23180. Our EAC Grade VF20.<BR><BR>Equivalents.</B></I> Proskey 10; Doughty 79; Gilbert K; McGirk 3D; Ross 6E; Clapp-Newcomb J; EAC 10; <I>Encyclopedia</B></I> 1682; PCGS #1392.<BR><B><BR>Variety. </B></I>Crowded head, date and LIBERTY touch the device. Paired berries left and right of CENT. The obverse appears on S-89 and S-90. The reverse appears on S-87, S-88, and S-89. Plain Edge.<BR><B><BR>Surfaces. </B></I>Exceptional medium brown surfaces are pristine, with few marks of any sort on either side, other than a few tiny surface flaws left over from the planchet prior to striking.<BR><B><BR>Die State I. </B></I>An early die state with no clash marks, cracks, or bulges visible on either side. Later states of the obverse develop bulges in the lower left and right obverse field. The obverse remained in use for S-90, but resurfacing lessened the appearance of these bulges.<BR><B><BR>Appearances. </B></I>The obverse and reverse are illustrated in Noyes (2007).<BR><B><BR>Census.</B></I> Although a lower-ranked piece in the census, this desirable example will certainly please the winning bidder. The finest known was called XF40 in <I>Early American Cents</B></I>, VF35 in <I>Penny Whimsy</B></I>, and now VF30 by both Bland and Noyes.<BR><B><BR>Commentary.</B></I> The Sheldon-89 is an enigma among early cents. The variety is one of the most plentiful when all grades are considered, and perhaps the single most common variety in low grades, but it is unknown in XF or better. Sheldon suggested that S-89 is "a great frustration" to collectors seeking only Gem coins.<BR><BR><B>Provenance.</B></I> <I>Joseph Kuehnert (7/1984); Stephen Fischer; Del Bland; Dr. Robert J. Shalowitz; Dr. C.R. Chambers; Don Valenziano, Jr.; Early American Coppers (5/1990), lot 33, $2,400; Thomas D. Reynolds.</B></I><BR><BR><B>Personality.</B></I> <B>Stephen Fischer</B></I> is well known to early copper collectors. A coin dealer from West Virginia, he attends most regional and national shows and conventions held around the country. Fischer joined Early American Coppers in 1977, and has maintained continuous membership to date.<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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