1796 1C Draped, Rev. of '97, S-118, BN MS(PCGS#35867)

January 2019 Pre-Long Beach U.S. & World Coin Auction #109

Auctioneer

Goldberg Auctioneers

Lot Number

292

Grade

VG8BN

Price

4,560

Lot Description

Lot 292 1796 S-118 R5+ Draped Bust PCGS graded VG8.Rather glossy light olive and chocolate brown. A strong glass reveals extremely faint roughness in the fields and protected areas but overall the surfaces are very nice for the grade. No verdigris and the only marks are a very light rim bruise off the lower end of the hair ribbon and a barely visible planchet clip (as struck) over the second T in STATES. LDS, Breen state II, with a rim cud under the left edge of the denominator that fuses more than a half dozen dentils. A nice example of this very tough die variety. Our grade is consistent with the PCGS grade. Estimate Value $3,000 - UP Ex J. J. Teaparty-Shawn Yancey 6/5/2014-Dr. George Wilkins.