1797 1C Reverse of 1797, Stems, BN MS (PCGS#1422)
December 2020 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 1010
- 等级
- MS64BN
- 价格
- 121,908
- 详细说明
- Lovely Choice Uncirculated 1797 S-135 Cent
Likely from the Nichols Find
1797 Draped Bust Cent. S-135. Rarity-3. Reverse of 1797, Stems to Wreath. MS-64 BN (PCGS). CAC. OGH.
A beautiful high grade Draped Bust cent irrespective of date or die pairing, this satiny and smooth near-Gem will please even the most discerning numismatist. Striking detail is razor sharp to full over most design elements, and nowhere is it less than bold. The impression is also ideally centered, and both sides have uniformly crisp denticulation around the borders. Faded autumn-orange mint color blends with warm medium brown patina to provide a picture of attractive originality. A faint, inoffensive toning spot at the right obverse border before Liberty's nose is the only worthwhile provenance marker. Noyes Die State A/B, with faint die clash (as made) on the obverse through the date, below the ribbon ends, and before Liberty's profile.
Sheldon-135 is one of the most frequently encountered Draped Bust cents of any date in Mint State, due to the fact that it comprised a major portion of the Nichols Find. During the late 1850s David Nichols of Gallows Hill, Massachusetts began distributing an outstanding cache of approximately 1,000 Mint State 1796 and 1797 Draped Bust cents. The most plentiful varieties associated with the Nichols find are S-119, S-123 and S-135 (as here), although S-104, S-118, S-136 and S-137 were also represented. The coins were supposedly acquired directly from the Mint by Benjamin Goodhue of Salem, Massachusetts in late 1797 or early 1798. Goodhue, a congressman from 1789 to 1796 and senator from 1796 to 1800 as a member of the Federalist party, passed the coins to his daughters, after which they went to Nichols, who dispersed the last examples in 1863. Fortunately for today's type collectors and early copper enthusiasts, many of the Nichols Find cents were subsequently handled with great care and have remained in problem free Mint State. Almost certainly from this find, the Larry H. Miller specimen would make an impressive addition to either a type or Sheldon number set, as well as a collection of Guide Bookvarieties as an example of the Reverse of 1797, Stems to Wreath of the 1797-dated Draped Bust issue.
Provenance: From the Larry H. Miller Collection.
PCGS# 1422. NGC ID: 2242.
Click here for certification details from PCGS.
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