1794 1C Low Head, S-36, BN MS(PCGS#35573)

1794 1C Low Head, S-36, BN MS (PCGS#35573)

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

Auctioneer
Goldberg Auctioneers
Lot Number
137
Grade
VF35BN
Price
31,200
Lot Description
Lot 137 1794 S-36 R5 PCGS graded VF35.Frosty dark olive brown and steel. The surfaces are satiny and nearly flawless. No verdigris and the only notable marks are a thin nick in the field right of the Y in LIBERTY and a very tiny planchet flake at a dentil tip just right of the end of the pole (as struck). Sharply struck and quite attractive in spite of the relatively dark toning. MDS, Breen state III, with light die clashmarks on both sides. Graded VF25 and tied for CC#5 honors in the Bland census. Noyes says VF30 net VF25 and tied for CC#4, his photo #25269. Our grade is VF25 as well. A very nice example of a rare die variety. And it comes with an impressive provenance. Previously removed from an NGC slab graded XF45 (NGC label #508569-001 that showed the attribution and Rasmussen provenance). The attribution and Trollan provenance are noted on the PCGS label. PCGS population 1; 3 finer for the variety, 1 in 45, 2 in 55.Estimate Value $15,000 - UP Ex Stack's 2/2/1942-Judge Thomas L. Gaskill-New Netherlands Coin Co. (privately) 11/1956-Dorothy I. Paschal (via Ray Chatham)-R. S. Brown, Jr., Superior 9/30/1986:49-Wes Rasmussen, Heritage 1/13/2005:3043-Dan Trollan Collection (includes the collection envelopes from Paschal, Brown, and Rasmussen and the Brown lot ticket).
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