LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Coin Auction #454  / 

2671

1797 1C Reverse of 1797, Stems MS64 Brown PCGS

Currency:USD Category:Coins & Paper Money / US Coins Start Price:10,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1797 1C Reverse of 1797, Stems MS64 Brown PCGS
<B>1797 1C Reverse of 1797, Stems MS64 Brown PCGS.</B></I> S-135, B-5, R.3. Breen Die State V with clash marks on both sides. One of the three Nichols Find varieties, along with the S-119 and S-123. Circa-1797, Senator Benjamin Goodhue acquired a bag of 1,000 cents for his daughters. These coins were preserved by Goodhue's descendants until the Civil War. In 1863, David Nichols acquired these coins and distributed them to collectors. Regarding S-135, Breen states, "probably around 70 exist in or near Mint State," a relatively small quantity given current collector demand.<BR> This sharply struck near-Gem is mostly medium brown, but glimpses of its initial red glory emerge from design recesses. The surfaces are remarkably void of contact, and carbon is also surprisingly minimal. A splendid acquisition for a museum-quality early type set. EAC 63.<BR><I>From The Madison Collection.</B></I><BR><BR><B>Coin Engraver:</B> Robert Scot<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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