1796 1C Draped, Reverse of 1797, BN MS(PCGS#1407)

Spring 2019 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

1016

等级

MS64BN

价格

152,830

详细说明

Phenomenal Near Gem 1796 Draped Bust Cent Sheldon-119 Reverse of 1797 1796 Draped Bust Cent. S-119. Rarity-3. Reverse of 1797. MS-64 BN (PCGS). CAC. Significant remnants of mahogany luster blanket the fields and protected areas, complementing the overall chocolate brown coloration. The surfaces are smooth and free from notable abrasions, leaving just an area of dark patina under Liberty's chin to serve as a convenient pedigree marker. Well struck for the variety and displaying light peripheral cracks equivalent to Noyes Die State B and Breen Die State III. The crack below the 6 of the date is still in its infancy, as is the break in the denticles above AT of STATES. Among the finest known for both the variety and type, with just a single coin graded finer by PCGS in this category. A coin of exceptional quality and eye appeal likely from the Nichols Find of the mid-1800s. The Nichols Find refers to a group of 1,000 mostly 1796 and 1797 Large cents purchased by Senator Benjamin Goodhue and given to his daughters in 1797 or 1798, who preserved them in the Salem, Massachusetts area. These coins numismatically came to light in 1863 when David Nichols began selling the hoard to coin dealers. A few 1798 cents were also sprinkled in, but not many. Many of these were struck on inferior planchets but enough nice coins survive from this group to allow collectors an opportunity to purchase a Mint State coin from this early period. PCGS Population: 4; 1 finer (MS-65 finest) PCGS# 1407. Click here for certification details from PCGS.