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1798 S-178 R5+ Style II Hair, Reverse of 1796 VF30

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:NA
1798 S-178 R5+ Style II Hair, Reverse of 1796 VF30
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[?]Live Online Auction Starts In 2026 Aug 27 @ 17:00 (UTC-05:00 : EST/CDT)
1798 S-178 R5+ Style II Hair, Reverse of 1796 VF30Very attractive glossy chocolate brown and light olive with lighter brown toning in protected areas on the reverse. This cent has great eye appeal, especially for a variety that usually comes with serious problems. Lightly worn with no hint of corrosion or verdigris and only a few small contact marks. The notable ones are a trio of small nicks in a line up from the top of the hair ribbon and a dull vertical nick hidden in the die rust off the chin. The reverse is essentially flawless. LDS, Breen state IV. A pair of strong die cracks extend through the date and the fields on the obverse are rough from heavy die rust. A clear die crack arcs from the second T in STATES to the first A in AMERICA. Dr. Philip Ralls, a previous owner of this cent, considered this piece to be the choicest S-178 known. We have examined the four finest known examples, and we agree. The obverse is plated in Dr. Sheldon's Early American Cents and Penny Whimsy. Called VF25 and CC#2 in the Bland census. Noyes says EF40 net VF25 (reason for the deduction unknown) and CC#1, his photo #23263. This cent isn't the rarest variety in the collection, but it is a highlight based on it's exceptional quality. And it comes with a very impressive provenance, as you would expect.Certificate Number: Pedigree: Ex a Philadelphia collector, Henry Chapman 3/1930:128-Henry C. Hines-Dr. William H. Sheldon-traded by Sheldon into the Anderson DuPont collection-Stack's (Anderson DuPont Sale) 9/25/1954:253-Abe Kosoff-R. E. "Ted" Naftzger, Jr., New Netherlands Coin Co. 11/14/1973:493-John W. Adams-Denis W. Loring 3/13/1978-C. Douglas Smith 4/1992-Eric J. Streiner 4/1992-Dr. Philip W. Ralls, McCawley & Grellman Auctions/Goldbergs 1/26/2014:570-Fred H. Borcherdt Collection (includes the Doug Smith collection envelope and lot envelopes from the DuPont and Naftzger sales)