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

2144

1797 1C Reverse of 1797. AU53 PCGS. S-141, B-18,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1,400.00 USD Estimated At:1.00 - 1,000,000.00 USD
1797 1C Reverse of 1797. AU53 PCGS. S-141, B-18,
<B>1797 1C Reverse of 1797. AU53 PCGS. S-141, B-18, R.4.</B></I> <B>Bland VF35; tied for CC-3. Noyes VF35; CC-3. Photo #23208. Our EAC Grade VF35.</B></I><BR><BR><B>Equivalents.</B></I> Proskey 19; Clapp-Newcomb 24; EAC 25; <I>Encyclopedia</B></I> 1711; PCGS #1422.<BR><BR><B>Variety. </B></I>Bottom curve of 9 weak or absent. F repunched, 100 left of center. The obverse appears on S-141. The reverse appears on S-141.<BR><BR><B>Surfaces.</B></I> A lovely olive-brown and steel example with traces of pale blue iridescence on each side. The upper obverse and lower reverse are flat, but all other detail is bold.<BR><BR><B>Die State III.</B></I> This late state has a straight vertical reverse crack through the left ribbon and stem, the left edge of the ribbon bow, to a point between C and E. <BR><BR><B>Appearances. </B></I>The obverse and reverse are illustrated in Noyes (2007).<BR><BR><B>Census.</B></I> The three finest pieces are an AU coin plated in <I>Penny Whimsy</B></I>, an XF plated in Breen's <I>Large</B></I> <I>Cent Encyclopedia</B></I>, and this example, a nice VF piece from the Dupont Collection. The six finest pieces that Sheldon listed in 1958 were graded by him as 45-35-30-15-15-15. Today, Bland grades the six finest pieces 55-45-35-35-35-30, followed by five VF25 coins, including one that is in the ANS Collection.<BR><BR><B>Commentary.</B></I> Sheldon rated the S-141 Rarity-6 in <I>Early American Cents</B></I> and in <I>Penny Whimsy</B></I>, although today it is considered just Rarity-4. A number of the new discoveries since 1958 grade VF or XF. However, in VF or better grades, the S-141 has only been offered at auction about 10 times since the 19th century. Although not considered a rarity today, the opportunity to bid on a nice one seldom occurs. The Husak Collection contains many similar opportunities throughout the entire Sheldon series.<BR><BR><B>Provenance.</B></I> <I>Charles J. Dupont (Stack's, 9/1954), lot 178, $275; C. Douglas Smith.</B></I><BR><BR><B>Personality.</B></I> <B>Lewis Laurange</B></I> (a.k.a. Lewis Laurentia or Lewis Laurenger) was hired on October 5, 1792, to work in the shop, Voigt's name for the coinage building. He signed the January 1793 Mint Rules and Regulations document, and remained on the Mint payroll on October 10, 1795.<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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