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Sale 54


 
 
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Lot 9

1793 S-5 R4 Wreath Cent with Large Date and LIBERTY. PCGS graded MS-65 Brown. Choice glossy medium steel brown with smooth, prooflike fields on both sides and traces of bluish steel overtone in the fields and protected areas. No spots or stains, and the only contact mark is a very light and barely visible dull diagonal hairline scratch on the cheek under the eye. The best identifying marks are a tiny planchet chip on the rim opposite the chin and a microscopic chip in the field midway between the center of the neck and the dentils at the right, both as struck. None of these defects is visible without a strong glass and the eye appeal of this cent is outstanding. The reverse is gem. Sharply struck EDS, Breen state I. The dentils over LIBERTY do not show any trace of crumbling and the fields are reflective. Called MS65 and second finest in the Noyes census. Bland says MS61 and tied for second finest. Our grade is MS63 prooflike. Removed from an NGC slab graded SPECIMEN-65 BN (NGC label included, and the label shows the S-5 attribution and their assessment that this is a Specimen strike). The reverse is plated in The United States Coinage of 1793 by Sylvester S. Crosby (1897). DWH #2482.
Estimated Value $150,000-UP.
Ex W. F. Johnson 6/1892-Dr. Thomas Hall-W. S. Sisson, Henry Chapman 4/1916:988-Wayte Raymond (The United States Coin Co.)-Henry C. Hines 1945-Dr. William H. Sheldon 4/19/72-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/1973:326-Stack's-unknown-Stack's 10/90:1591-Tony Terranova-Stack's-Larry Stack-Stack's/American Numismatic Rarities auction 6/26/04:4028 (unsold)-Stack's (privately, via Chris McCawley) 7/8/04.


 
Realized $264,500



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