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

2130

1797 1C Reverse of 1797. XF45 PCGS. S-127, B-17,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:2,200.00 USD Estimated At:1.00 - 1,000,000.00 USD
1797 1C Reverse of 1797. XF45 PCGS. S-127, B-17,
<B>1797 1C Reverse of 1797. XF45 PCGS. S-127, B-17, R.4.</B></I> <B>Bland VF30; CC-2. Noyes VF30; tied for CC-1. Photo #22966. Our EAC Grade VF30.<BR><BR>Equivalents.</B></I> McGirk 11B; Clapp-Newcomb 10; EAC 8; <I>Encyclopedia</B></I> 1711; PCGS #1422.<BR><B><BR>Variety. </B></I>Angular hair wave below BE. E in ONE directly over T in CENT. The obverse appears on S-127. The reverse appears on S-125, S-126, and S-127.<BR><B><BR>Surfaces. </B></I>Attractive, glossy surfaces with dark brown on the obverse and lighter brown on the reverse. Both sides have a few tiny circulation marks, as well as other original planchet marks that remained after the coin was struck.<BR><B><BR>Die State IV.</B></I> The reverse is cracked from the left top of the second T in STATES to the right base of the adjacent A, and through the tops of ERIC.<BR><B><BR>Appearances.</B></I> The obverse and reverse are illustrated in Breen's <I>Large Cent Encyclopedia</B></I> and in Noyes (2007).<BR><BR><B>Census.</B></I> The finest known of this scarce variety is a nice VF. In fact, Bill Noyes grades three different coins VF30, with three lower VF examples rounding out the top six.<BR><BR><B>Commentary.</B></I> In 1949, Sheldon rated this variety Rarity-5, but raised the rating to Rarity-6 in <I>Penny Whimsy</B></I>. By the 1973 "Early Cent Revision," it was Low R-5, High R-4 in Breen's <I>Large Cent</B></I> <I>Encyclopedia</B></I>, and R-4 in Noyes (2007).<BR><BR><B>Provenance.</B></I> <I>Dr. George P. French (B. Max Mehl, 1929 FPL), lot 174, $50; James G. Macallister; Henry C. Hines; Henry A. Sternberg; M.H. Bolender (3/1956), lot 1593, $55; R.E. Naftzger, Jr. (3/1973); C. Douglas Smith; Dr. Robert Schuman; Superior (6/2000), lot 148.</B></I><BR><BR><B>Personality.</B></I> <B>Milferd H. Bolender</B></I> (1894-1977) began collecting coins in 1906 when he received 70 old coins from his grandfather. A veteran of World War I, Bolender worked as a teacher and school principal from 1919 to 1932. He was also a coin dealer in Orangeville, Illinois, who conducted nearly 200 auctions. Bolender relocated to Freeport, Illinois, and later to San Marino, California. He specialized in early silver dollars and wrote a variety reference on the series. Many collectors still refer to their early dollars by Bolender numbers today.<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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