1797 1C S-122, BN MS(PCGS#35906)

1797 1C S-122, BN MS (PCGS#35906)

September 2009 Pre-Long Beach Auction #54 - 9/09 Hawaii Collection

Lot Description: Plated in Early American Cents, Penny Whimsy, Noyes, and Breen. Close to VF20 and listed at that grade by Del Bland in his condition census. Glossy olive brown and chocolate with light golden olive brown toning on the highpoints, possibly "Sheldonized" during his period of ownership (see provenance) to protect the surfaces and add glossy eye appeal. The surfaces are smooth and the only marks are a small, light diagonal hairline scratch under the earlobe and a small nick hidden in the upper hair. MDS, Breen state III. The die crack at MERIC is strong and the section over M is very slightly raised into a retained cud. An outstanding example of this rare variety. Bland says VF20 and CC#1. Noyes says VF20 net F12 and tied for CC#2, his photo #20786. The CC#1 coin in the Noyes census (his grade VF20 net F15) is impounded in the ANS Museum, so this is the best example available to collectors, regardless of the list being used. The reverse is plated in Early American Cents and Penny Whimsy, and both sides are plated in the Noyes and Breen books to illustrate the die variety. DWH #2755. Estimated Value $10,000-UP. Ex Joseph J. Adamski 1957-John A. Schreuder 4/59 (in trade for a VF30 1799 S-189)-Dr. William H. Sheldon 4/19/72-R. E. Naftzger, Jr., 2/23/92-Eric Streiner 4/7/92-C. Douglas Smith-Dr. Robert A. Schuman, McCawley & Grellman Auctions/Superior 6/5/2000:144-Jack Wadlington via Bob Grellman & Chris McCawley) 6/30/05.