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

2135

1797 1C No Stems. XF40 Details, Corroded,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:4,875.00 USD Estimated At:1.00 - 1,000,000.00 USD
1797 1C No Stems. XF40 Details, Corroded,
<B>1797 1C No Stems. XF40 Details, Corroded, Cleaned, ANACS. S-132, B-28, High R.5.</B></I> <B>Bland Fine 15; tied for CC-6. Noyes Fine 15; CC-4. Photo #22194. Our EAC Grade Fine 12.<BR><BR>Equivalents.</B></I> Clapp-Newcomb 15; EAC 27; <I>Encyclopedia</B></I> 1712; PCGS #1425.<BR><B><BR>Variety. </B></I>B broken and repunched. No stems, leaf at upright of D. The obverse appears on S-132. The reverse appears on S-131, S-132, and S-133.<BR><B><BR>Surfaces.</B></I> Light olive-tan on the obverse and pale steel-brown on the reverse, with a patch of faint hairlines around the date, indicating that this piece has been cleaned in the past. Traces of corrosion are visible.<BR><B><BR>Die State II.</B></I> An angular rim break is confined to three or four dentils over IC.<BR><B><BR>Appearances. </B></I>The obverse and reverse are illustrated in Noyes (2007).<BR><B><BR>Census.</B></I> A single Mint State, or nearly so, example is known, followed by a couple of VF coins and a few VG and Fine examples. For some unknown reason, this die combination is usually found with poor surfaces. Twelve of the 18 coins recorded by Noyes are Average Minus or Scudzy. The Husak coin is one of the other six, each with average surfaces and apparently as good as it gets. In his <I>Large Cent Encyclopedia</B></I>, Breen noted that this variety is "often banged up or even mutilated."<BR><BR><B>Commentary.</B></I> Called Rarity-6 in <I>Early American Cents</B></I> and Rarity-7 in <I>Penny Whimsy</B></I>, Sheldon noted a population of 12 coins in 1958, and today, the total is just over 30 pieces, a modest increase after 50 years of searching.<BR><BR><B>Provenance.</B></I> <I>Dan Murphy (9/1970); John D. Wright; 2007 EAC Sale (McCawley and Grellman), lot 190, $5,500.</B></I><BR><BR><B>Personality.</B></I> <B>John R. "Bob" Grellman, Jr.,</B></I> is an author, researcher, and cataloger who specializes in the late-date large cents from 1840 to 1857. He is a partner with Chris Victor-McCawley in McCawley and Grellman Auctions, which conducts specialty sales limited to early copper coinage and related items. Grellman was born October 29, 1945, and is a retired Air Force officer. He is the author of <I>The Die Varieties of United States Large Cents, 1840-1857</B></I>.<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
Sign In to Bookmark Lot