1794 1C Split Pole, S-66, BN MS(PCGS#35657)

1794 1C Split Pole, S-66, BN MS (PCGS#35657)

September 2020 Pre-Long Beach U.S. & World Coin Auction #117

Auctioneer
Goldberg Auctioneers
Lot Number
52
Grade
VG10BN
Price
12,000
Lot Description
Lot 52 1794 S-66 R5+ PCGS graded VG10.Attractive glossy medium brown and light chocolate. The surfaces are smooth although there are a couple small pits or planchet chips on the reverse, notably under the T in UNITED and in the wreath left of the O in ONE. Otherwise there are just a few minor contact marks including a light rim bruise left of the lower curls and another off the end of the pole. The date is bold and the legends are strong. LDS, Breen state IV, with all the die cracks described by Breen. The "Split Pole" feature caused by a die crack is quite strong. A nice example of this rare variety in spite of the minor imperfections. Called VG10 net VG7 and tied for CC#12 in the Noyes census, his photo #26604. Bland says VG8 and tied for CC#7. Our grade is VG10+ sharpness net VG8.Comes with a nice provenance. The attribution is noted on the PCGS label. PCGS population 1; 3 finer: 2 in 30, 1 in 35. PCGS #35657.Estimated Value $5,000 - UP Ex 1957 ANA Sale, lot 796-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/14/1973:387-Jules Reiver, Heritage Auctions 1/24/2006:19236-Jon A. Boka-Dr. Mark D. Cadden Collection (includes the Reiver collection envelope, the New Netherlands lot envelope, and the Reiver lot ticket).
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