1797 1C S-128, BN MS(PCGS#35924)

1797 1C S-128, BN MS (PCGS#35924)

February 2020 Pre-Long Beach U.S. & World Coin Auction #115

Auctioneer
Goldberg Auctioneers
Lot Number
47
Grade
MS63BN
Price
22,800
Lot Description
Lot 47 1797 S-128 R3 M over E in AMERICA. PCGS graded MS-63 Brown. CAC.Lustrous light olive and steel brown with mellowing mint red covering 10-15% of both sides. No spots or stains, but there are some small puffs of lighter golden tan on the lower part of the reverse. Just a few microscopic contact marks including a very light rim bruise over the right side of the E in UNITED. A pair of short, thin struck-through lines (caused by debris on the die) are in the field under the lower end of the hair ribbon. MDS, Breen state VI, with die cracks on the obverse and clashmarks on both sides. The M over E in AMERICA die-cutting error is strong. Graded AU55 and finest known in the Noyes and Bland census lists (Noyes photo #20371). But after a proper brushing it is clear that this cent is mint state with great luster and eye appeal. Our grade is MS60+. This is the plate coin for the variety in the 1991 Noyes reference. The attribution and Doug Bird Collection provenance are noted on the PCGS label. PCGS population 1; the only MS graded at PCGS.(PCGS # 35924) Value $20,000 - UP Ex Stephen C. Fenton (Knightsbridge Coins, London)-Ronald J. Gillio 8/20/1985-Douglas F. Bird Collection.
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