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

2169

1798 1C Second Hair. MS62 Brown PCGS. S-166,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:14,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1798 1C Second Hair. MS62 Brown PCGS. S-166,
<B>1798 1C Second Hair. MS62 Brown PCGS. S-166, B-32, R.1.</B></I> <B>Bland MS60; tied for CC-2. Noyes AU55; CC-7. Photo #23234. Our EAC Grade AU55.</B></I><BR><BR><B>Equivalents.</B></I> Proskey 10; Doughty 118; McGirk 4F7; Clapp 26; EAC 32; <I>Encyclopedia </B></I>1726; PCGS #1434.<BR><BR><B>Variety. </B></I>Style II Hair. Large 8. Reverse cracked from fraction to ED. The obverse appears on S-165, S-166, and S-167. The reverse appears on S-166.<BR><BR><B>Surfaces.</B></I> Chocolate and steel-brown surfaces with remnants of mint frost on both sides. Traces of lighter tan around the devices represents faded mint red. Some faint maroon and olive color is evident. A pleasing example with most design details sharp, although the bust tip and upper reverse leaves are blunt as usual. Smooth surfaces have a trace of rub on the highpoints. Plain Edge.<BR><BR><B>Die State III. </B></I>The obverse has several sets of light clash marks. The usual reverse die crack from ED down to the fraction is present, but still light without any associated die chipping.<BR><BR><B>Census. </B></I>Bland includes this coin with three other Mint State pieces known to him, while Noyes grades the coin AU55 and places it in seventh position.<BR><BR><B>Commentary. </B></I>McGirk described this variety as his 4F7, but illustrated Sheldon-186.<BR><BR><B>Provenance. </B></I><I>John P. Lyman (S.H. Chapman, 11/1913), lot 413, $6.50; Henry Chapman; later, Charles M. Williams (Numismatic Gallery #68, 11/1950), lot 148 as S-165, $60; Judge Thomas L. Gaskill; New Netherlands Coin Co. (privately 11/1956); Dorothy Paschal; C. Douglas Smith; Dr. Robert Schuman (Superior, 9/2004), lot 372, $9,200; Chris Victor-McCawley.</B></I><BR><BR><B>Personality. John P. Lyman</B></I> was a resident of Boston who served as president of the Webster-Atlas National Bank. His collection was sold in November 1913 by S.H. Chapman who commented: "Every piece shows the work of the engraver unmarred by the buffetings of circulation."<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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