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

2133

1797 1C Reverse of 1797. MS62 Brown PCGS. S-130,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:4,125.00 USD Estimated At:1.00 - 1,000,000.00 USD
1797 1C Reverse of 1797. MS62 Brown PCGS. S-130,
<B>1797 1C Reverse of 1797. MS62 Brown PCGS. S-130, B-25, R.2.</B></I> <B>Bland MS60; tied for CC-1. Noyes XF45; tied for CC-3. Photo #23128. Our EAC Grade AU50.<BR><BR>Equivalents.</B></I> Proskey 8; Doughty 99; McGirk 7A; Clapp-Newcomb 13; EAC 25; <I>Encyclopedia</B></I> 1711; PCGS #1422.<BR><B><BR>Variety. </B></I>Cracks behind hair ribbon. Left ribbon, bow, and leaves fragmented. The obverse appears on S-129, S-130, S-131, and NC-8. The reverse appears on S-130.<BR><B><BR>Surfaces. </B></I>A remarkable, sharply struck cent with excellent eye appeal. Glossy olive surfaces have attractive darker brown and steel color on each side. A few faint contact marks are noted on the reverse, but they are entirely insignificant.<BR><B><BR>Die State I. </B></I>This is an early die state with only a trace of the usual obverse die break that hangs down from the upper left border. Sheldon claims an example in ANS is from a perfect obverse die. If such a coin exists, it would have been struck before the later state of S-129.<BR><B><BR>Appearances.</B></I> The obverse and reverse are illustrated in Noyes (1991 and 2007). The Breen plate coin is incorrectly identified as this specimen.<BR><B><BR>Census.</B></I> Some disagreement seems to exist between Bland and Noyes regarding the grading of S-130. Bland calls the two finest known examples MS60, including this piece. Noyes calls his two finest known examples AU50, but grades this coin just XF45. Such a wide difference, 15 points, between experts is highly unusual.<BR><B><BR>Commentary.</B></I> The S-130 ranks among the three most common 1797 cent varieties, and it is popular for the progression of obverse die states. Breen noted that McGirk 5D may also represent this die variety.<BR><B><BR>Provenance.</B></I> <I>George Pappas (11/1949); C. Douglas Smith; Dr. Robert Schuman; Superior (6/2000), lot 152; Chris Victor-McCawley.</B></I><BR><B><BR>Personality.</B></I> <B>Valentine Flagler</B></I> (a.k.a. Valentine Flegler) was listed on the Mint payroll of October 10, 1795, as a laborer. Although not necessarily the same person, a Valentine Flegler immigrated from Germany to Philadelphia in 1785. The 1800 Federal Census shows a Valentine Flagler living in Philadelphia's North Ward.<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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