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

2168

1798 1C Second Hair. XF40 PCGS. S-165, B-31,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1,100.00 USD Estimated At:1.00 - 1,000,000.00 USD
1798 1C Second Hair. XF40 PCGS. S-165, B-31,
<B>1798 1C Second Hair. XF40 PCGS. S-165, B-31, R.4.</B></I> <B>Bland VF35; tied for CC-2. Noyes VF30; tied for CC-4. Photo #27840. Our EAC Grade VF30.<BR><BR>Equivalents.</B></I> Doughty 118; Clapp 25; EAC 31; <I>Encyclopedia </B></I>1727; PCGS #1434.<BR><B><BR>Variety. </B></I>Style II Hair. Large 8. Second T in STATES first inverted. The obverse appears on S-165, S-166, and S-167. The reverse appears on S-165.<BR><B><BR>Surfaces. </B></I>This piece is somewhat indistinct at the drapery, lower curls, and upper reverse. The sharpness is slightly finer than the grade assigned with small surface nicks, faint scratches, and minor porosity, including some brighter copper marks in the left obverse field. Plain Edge.<BR><B><BR>Die State I. </B></I>Perfect dies.<BR><B><BR>Census. </B></I>The finest known example of S-165 grades XF40, followed by a few VF coins, including the Husak specimen that is solidly in the traditional census, ranking second best in Bland's list and fourth finest in Noyes' census.<BR><BR><B>Commentary. </B></I>The obverse die of S-165, 166, and 167 is the only Second Hair die with a large 8 in the date. These three varieties make up Sheldon's Group 5 for the 1798 large cents. He listed them as the first three varieties of the Second Hair style. Breen listed these later in his reference, based on his opinion of the emission sequence.<BR><BR><B>Provenance. </B></I><I>Raymond Gallo (10/1960); R. E. Naftzger, Jr. (New Netherlands Coin Co., 11/1973), lot 480, $180; Denis W. Loring (5/1974); Dr. Robert J. Shalowitz; Myles Z. Gerson; Denis W. Loring; Thomas D. Reynolds (7/1992); Robinson S. Brown, Jr. (Superior Stamp & Coin Co., 1/1996), lot 230, $3,960.</B></I><BR><BR><B>Personality. Dr. Robert J. Shalowitz</B></I> is an obstetrician and gynecologist in Akron, Ohio. He is a native of Baltimore who was born in 1951. He began collecting Lincoln cents as a youngster, and then discovered large cents in one of the four coin shops located within a block of his house in Baltimore. In 1967 he obtained a copy of <I>Penny</B></I> <I>Whimsy</B></I> and has specialized in large cents since that time. He purchased Denis Loring's complete collection of Sheldon numbers in 1974.<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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