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Sale 72
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Lot 21
1794 S-32 R2+ PCGS graded Mint State-64+ Brown. Lustrous light olive brown and chocolate. A sharp, very attractive cent, but unevenly struck, as usual with this variety. The die faces were not parallel (Breen calls this axial misalignment), pressing the planchet more strongly on the left side then on the right. The result is a very strong strike on the left with weakness along the right edge of both sides. Perhaps that's why the reverse die cracked so early in the marriage. The weakly struck areas display many of the tiny planchet imperfections that normally strike out. This condition is evident on all the high grade examples listed in the Noyes census. Otherwise this piece is free of contact marks or other notable defects. M-LDS, Breen state IV. The cud break at LI in LIBERTY is clear and the crack from the rim through the first S in STATES extends heavily through the wreath toward the O in ONE. Called MS63 Choice and tied for CC#1 with one other piece in the Noyes census, his photo #22633. Bland says MS60 and CC#2 behind a slightly finer example in his list. Our grade is MS60. The attribution and Paul Gerrie provenance are noted on the PCGS label. Pop 1; the Finest graded at PCGS and the only Mint State example graded by PCGS .
Estimated Value $60,000-UP.
Discovered in Boston-Thomas L. Elder 10/1907:137-Virgil M. Brand-B. G. Johnson (St. Louis Stamp & Coin Co.) 3/1943-Abe Kosoff-New Netherlands Coin Co 9/1953:248-Floyd T. Starr, Stack's 6/1984:25-Dr. Allen Bennett 2000-Walter Husak, Heritage 2/15/2008:2034-Paul Gerrie.
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| Realized $92,000 |
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