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

2145

1797 1C Reverse of 1797. VF30 PCGS. S-142, B-32,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:5,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1797 1C Reverse of 1797. VF30 PCGS. S-142, B-32,
<B>1797 1C Reverse of 1797. VF30 PCGS. S-142, B-32, High R.5.</B></I> <B>Bland VF20; tied for CC-1. Noyes Fine 12; CC-3. Photo #28492. Our EAC Grade Fine 15.<BR><BR>Equivalents.</B></I> Proskey 5; Doughty 96; McGirk 6A; Clapp-Newcomb 26; EAC 30; <I>Encyclopedia</B></I> 1713; PCGS #1422.<BR><B><BR>Variety. </B></I>Style II Letters. Curved tail to R. ONE far to left, O over C. The obverse appears on S-142 and S-143. The reverse appears on S-142 and NC-7.<BR><B><BR>Surfaces.</B></I> Slightly rough dark steel surfaces with lighter reddish-tan color on the devices. The roughness is even across the surfaces on both sides, and does little to diminish the desirability of this important cent. A small chip or flake is hidden in the hair above the ear.<BR><B><BR>Die State I. </B></I>Apparently perfect dies.<BR><B><BR>Appearances. </B></I>The obverse and reverse are illustrated in Noyes (2007).<BR><B><BR>Census.</B></I> Sheldon-142 does not seem to garner the respect of some other rarities, but it is rare, and unknown in higher grades, as illustrated by this piece, which Bland grades VF20 and calls finest known. He actually grades five different coins VF20, all tied for first place.<BR><B><BR>Commentary.</B></I> In 1958, this variety was in "the upper range of R-6," according to Sheldon, suggesting that about 15 pieces were known. The population has barely doubled in the last 50 years, meaning that there are probably few more to be found in the future. This variety was first described by David Proskey, probably from the coin in his collection, now owned by Dr. Ralph Rucker who recently completed his collection of Sheldon numbered varieties.<BR><BR><B>Provenance.</B></I> <I>Bradbury K. Thurlow (Mayflower Coin Auctions, 12/1967), lot 166, $120; R.E. Naftzger, Jr. (New Netherlands, 11/1973), lot 458, $225; Willard C. Blaisdell; Del Bland; John D. Wright; Goldberg Coins (2/2007), lot 293.</B></I><BR><BR><B>Personality.</B></I> Ira and Larry Goldberg started <B>Goldberg Coins and Collectibles</B></I> after their former firm, Superior, was sold to A-Mark. Goldberg Coins has handled several important rarities and collections, continuing to operate today, conducting more than 30 individual auctions since its beginning in 1999.<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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