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

2148

1798 1C First Hair. AU53 PCGS. S-145, B-2, R.3

Currency:USD Category:Coins & Paper Money / US Coins Start Price:9,750.00 USD Estimated At:1.00 - 1,000,000.00 USD
1798 1C First Hair. AU53 PCGS. S-145, B-2, R.3
<B>1798 1C First Hair. AU53 PCGS. S-145, B-2, R.3.</B></I> <B>Bland XF40; CC-2. Noyes XF40; CC-2. Photo #21267. Our EAC Grade XF40.</B></I><BR><BR><B>Equivalents.</B></I> Proskey 6; Doughty 115; McGirk 3C1, 3C2; Clapp 2; EAC 2; <I>Encyclopedia </B></I>1715; PCGS #1431.<BR><BR><B>Variety. </B></I>Style I Hair and letters. Close date. Die chip over numerator. The obverse appears on S-144 and S-145. The reverse appears on S-145.<BR><BR><B>Surfaces.</B></I> Beautiful golden-brown surfaces are accented by pale olive on the devices, and splashes of dark maroon on both sides. A few minor abrasions are evident on Liberty's cheek and neck. Otherwise, choice surfaces. Partially Reeded Edge.<BR><BR><B>Die State III. </B></I>The reverse is slightly buckled at OF with a faint die crack above that word. Fine clash marks are visible in the same area.<BR><BR><B>Appearances. </B></I>The obverse and reverse are illustrated in Noyes (1991).<BR><BR><B>Census. </B></I>The second finest known, according to Bland and Noyes. Census level examples of this variety seldom appear for sale at auction, usually changing hands privately.<BR><BR><B>Commentary. </B></I>Although it is a relatively plentiful R.3 variety, collectors generally have to settle for lower-grade pieces. The Husak specimen has never before appeared in a public auction, and the finest known piece has only done so once, and that was more than 60 years ago. Sheldon discussed physical characteristics of S-145 in <I>Early American Cents</B></I>: "This is one of the almost common 1798's, but it is usually struck so flat and so weakly that even in Extremely Fine condition it is likely to be passed over as a weak coin."<BR><BR><B>Provenance. </B></I><I>Discovered in Glasgow, Scotland (1946); Willard C. Blaisdell (2/1975); Denis W. Loring (2/1975); R.E. Naftzger, Jr. (2/1992); Eric Streiner; Dr. Philip Ralls (2004).</B></I><BR><BR><B>Personality. Dr. Philip W. Ralls</B></I> was born on April 9, 1948, in Washington, D.C., and makes his home in California, where he is a faculty member at the University of Southern California Medical School. Ralls served as the fifth president of EAC from 1990 to 1996. He is known for his discriminating taste in high-grade cents.<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
Sign In to Bookmark Lot