Goldberg Coins and Collectibles



Sale 117

September 13-16, 2020 Pre-Long Beach Auction


Liberty Cap Cents
 
 
Lot Photo Description Realized
Lot 1
1794 S-17a R5- Head and Edge of 1793 PCGS graded VG10. Glossy olive brown and chocolate streaked with tan and light brown on the obverse. Lighter brown covers the protected areas on the reverse. There are four parallel very light planchet lamination streaks passing NW to SE on the obverse (as struck; a very common feature on this variety). The streak from the hair to the cheek is the only one that catches your eye. Otherwise the only marks are three very light rim bruises under the date. The reverse is choice. MDS, Breen state II early. The crack from the end of the pole is faint (if present at all), and the die clashmarks under TATES are clear. Struck with the obverse misaligned slightly to K-7.5 while the reverse is off a bit more to K-3.5. The date is bold and the legends are strong. The edge lettering is complete and deeply impressed. A very nice example of this tough Head of 1793 variety. Not seen by Noyes or Bland. Our grade is VG10. The attribution is noted on the PCGS label. PCGS population 1; 4 finer: 1 in 15, 1 in 25, 1 in 45, 1 in 50. PCGS #35504. Estimated Value $6,000 - UP
Acquired unattributed from a collector in Akron, Ohio, circa 1981-Andrew Dendak 8/2011, Scottsman Auctions 10/21/2011:206 ($8050)-Chris McCawley-Dr. Mark D. Cadden Collection.

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Realized
$12,600
Lot 2
1794 S-18a R6- Head and Edge of 1793 PCGS graded VF20. Glossy medium chocolate brown mottled with lighter brown and darker olive brown tones. The surfaces are mostly smooth and the eye appeal is excellent, but a glass reveals traces of extremely fine granularity in the fields and protected areas on both sides, particularly around the top two leaves of the wreath. A long, thin nick along the bottom edge of the jaw, a shallow rim dent over the L in LIBERTY, and another rim bruise at the U in UNITED are the notable contact marks. The date is complete and easily readable although it is not bold, and the legends on the reverse are strong. The edge lettering is bold and the downward pointing leaf following DOLLAR is strong (and completely visible in the holder). MDS, Breen state II. The reverse die has been repolished causing the right end of the wreath ribbon to be weak and indistinct. Graded F12 and tied for CC#3 honors in the Bland census. Noyes says VF20 net F12 and tied for CC#3, his photo #32992. The finest example is contained in the ANS Collection so the pool of nicer pieces available to collectors is quite shallow. Both sides of this cent are plated in the 2006 Noyes reference on the cents of 1793 and 1794, and the reverse is plated in the 1979 Tom Morley reference on the cents of 1794 (page 41, top row, where used to illustrate the VF grade for this reverse die). Our grade is F15+ sharpness net F12. One of only a very few of this variety that has passed muster for grading at PCGS. A great cent that comes with an impressive provenance. The attribution and Boka-Husak (should be Husak-Boka) provenance are noted on the PCGS label. PCGS population 1; 1 finer in 45. PCGS #35510. Estimated Value $25,000 - UP
Ex Henry C. Colvin 1936-Allan Colvin (son), French's Sale #80 at the 1962 Philadelphia MANA Convention, 10/19/1962:21-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/14/1973:339-Del Bland 3/1976-Dr. Robert A. Schuman-Myles Z. Gerson-Del Bland 3/1984-Darwin B. Palmer, Jr.-Dr. George E. Ewing, Jr., 11/21/1993-Wesley A. Rasmussen, Heritage Auctions 1/13/2005:3022-Walter J. Husak, Heritage Auctions 2/15/2008:2018-Jon A. Boka, Heritage Auctions 9/8/2016:5301-Dr. Mark D. Cadden Collection (contains the collection envelopes from Naftzger, Ewing, & Husak plus the Naftzger and Boka sale lot tickets).

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Realized
$40,800
Lot 3
1794 S-18b R4 Head of 1793, Edge of 1794 PCGS graded F12. Glossy light to medium brown with hints of reddish brown toning in some protected areas on the obverse. The highpoints of the devices are toned a darker shade of steel. The surfaces are smooth but there is a planchet flake hidden in the hair below the cap. A dull rim nick over the L and a dull diagonal scratch or nick right of T in CENT are the only notable signs of contact. The bottom of the date is a bit weak but everything else is clear. E-MDS, Breen state III, without any hint of a bulge in the field below the cap. Graded F12 net VG8 in the Noyes census, his photo #63128. Our grade is VG10. A decent lower-grade example of the 1794 Head of 1793 type. The attribution is noted on the PCGS label. PCGS population 2; 6 finer: 1 in 25, 1 in 40, 1 in 58+, 2 in 63, 1 in 64. PCGS #35513. Estimated Value $2,500 - UP
Ex Judge Thomas L. Gaskill, New Netherlands Coin Co. 12/6/1957:905-unknown-Frank McElwain-Thomas D. Reynolds 4/1992-Shawn A. Yancey 4/21/2017-Dr. Mark D. Cadden Collection.

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Realized
$7,200
Lot 4
1794 S-19a R5+ Head and Edge of 1793 PCGS Fine Detail Graffiti. Slightly glossy dark chocolate brown and steel with lighter steel brown toning on the highpoints of the devices. The surfaces look smooth to the unaided eye but a glass reveals uniform extremely fine roughness covering both sides. No verdigris and the only marks are a few very light hairline scratches hidden in the toning on the obverse (not to be confused with "Graffiti") and a minor rim bruise right of the second S in STATES. The date is complete and easily readable and the legends are complete except for weakness at TATES OF due to the usual weaker strike in that area. The edge lettering is complete and strong (including the downward-pointing leaf following DOLLAR). MDS, Breen state II, with subtle bulges in the field below the cap. Graded F12 net VG7 and tied for CC#13 in the Noyes census, his photo #32214. Del Bland says VG8 and tied for CC#10 in his census. Our grade is VG8. Comes with a very nice provenance. The attribution is noted on the PCGS label. PCGS #35516. Estimated Value $3,500 - UP
Ex W. E. Johnson 1958-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/14/1973:341-Dr. Edward R. Bush 3/29/1976-Philip Van Cleave, Kagin's Numismatic Auctions #340 1/1986:5022-R. S. Brown, Jr., Superior 1/27/1996:26-Chris McCawley-Walter J. Husak 5/6/2006 (where the final price was decided by a coin flip)-Jon A. Boka-Dr. Mark D. Cadden Collection (includes a note detailing the Husak-Boka transaction).

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Realized
$2,880
Lot 5
1794 S-19b R4 Head of 1793, Rev of 1794 PCGS graded F15. Slightly glossy light to medium steel brown with darker steel brown toning on the highpoints. The surfaces are mostly smooth but a glass reveals traces of extremely fine roughness in a few protected areas, primarily on the upper part of the reverse. There are just a few light contact marks; the notable ones being a light rim bruise left of the date, another right of the second S in STATES, and a disjointed scratch in the leaves under TED. It appears this cent would benefit from a proper brushing to bring out the underlying gloss. E-MDS, Breen state II early, with two subtle vertical waves in the field under the cap, the left wave barely visible. Softly struck at BERTY and the opposing legend at ICA to the denominator, probably caused by dies not in proper axial alignment (die faces not perfectly parallel). Everything else is well struck and the date is strong. Graded F15 net VG10 by Noyes, his photo #34287. Bland says VF20 and tied for CC#11. Our grade is VF20 sharpness net F15. A nice mid-grade example of the popular Head of 1793 type, and the portrait is well defined. Comes with a very nice provenance that has been traced back more than a century. The attribution and Mervis provenance are noted on the PCGS label. PCGS population 1; 4 finer: 1 in 20, 1 in 40, 1 in 50, 1 in 53. PCGS #35519. Estimated Value $10,000 - UP
Ex Ebenezer Gilbert, Thomas L. Elder #44, 10/12/1910:2-Henry Olson Granberg-William H. Woodin, United States Coin Co. 5/19/1915:84-G. Kraft-unknown-M. H. Bolender #63, 12/2/1930:1824-unknown-M. H. Bolender #98, 6/1935:1470-unknown-Bowers & Merena 3/1996:24-Thomas D. Reynolds 5/2012 (via Greg Hannigan)-Adam Mervis, Heritage Auctions 1/10/2014:2435-Dr. Mark D. Cadden Collection.

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Unsold
Lot 6
1794 S-20 R4 Head of 1793, Edge of 1794 PCGS Fine Detail Graffiti. Very attractive glossy light to medium brown with darker steel brown toning on the highpoints. The surfaces are smooth and this cent has great eye appeal, especially for a Head of 1793 variety. The only notable marks are two faint hairline scratches hidden in the toning on the cap, a tiny rim bruise left of the lower curls, and a small rim nick just left of the fraction. The claim of "graffiti" made by the folks at PCGS seems out of line. The date is bold and the legends are complete and clear. The edge letters are complete and quite strong. MDS, Breen state II, with a very subtle wave in the field from the dentils to the chin. This example was discovered three years ago and has not been seen by Bland or Noyes. Our grade is F12. The attribution is noted on the PCGS label. PCGS #35522. Estimated Value $7,000 - UP
Ex MM Coins (Philadelphia)-Henry T. Hettger, McCawley & Grellman Auctions/Goldbergs 6/4/2017:431-Dr. Mark D. Cadden Collection.

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Realized
$6,300
Lot 7
1794 S-21 R3 PCGS graded AU55. Frosty light brown and tan with flowline luster covering the fields and protected areas on both sides. This cent has mint state eye appeal but there is a touch of friction on the highest points of the hair. The only mark is a mint-made planchet fissure from the right side of the E in ONE to the left top of the E in AMERICA. Otherwise this cent is absolutely choice. Sharply struck LDS, Breen state V. All the obverse die cracks and die clashmarks described by Breen are present. The reverse is uncracked, as always. The "die crack" from the N in CENT to the right loop in the ribbon bow is a clashmark, not a crack as described by Breen. Nicely centered on the planchet with clearly defined dentils around both sides. The obverse of this cent is plated on page 4 of the 1979 Morley reference on the cents of 1794 to illustrate the AU55 grade. Graded AU50 net EF45 and tied for CC#5 in the Noyes census, his photo #25147. Bland says AU50 net EF45 and tied for CC#6 in his census. Our grade is EF45+. Comes with a provenance that can be traced back well over 100 years. The attribution is noted on the PCGS label. PCGS population 1; 6 finer: 2 in 58+, 1 in 62, 2 in 64, 1 in 65+. PCGS #35528. Estimated Value $10,000 - UP
Ex Peter Gschwend (who acquired it prior to 1871)-William H. Woodin, Thomas L. Elder #18, 6/1908:529-unknown-Superior 10/1978:996-Steve Ivy Rare Coin Co.-Thomas N. Shipp, Jr., Christies of New York 9/1986:224-Herman Halpern, Stack's 3/16/1988:24-Robert E. Matthews, Superior 5/28/1989:146-Tom Morley 9/29/1989-Daniel W. Holmes, Jr. 7/2005-Chris McCawley 7/25/2005-Jon A. Boka-Dr. Mark D. Cadden Collection (includes the Morley and Holmes collection envelopes).

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Unsold
Lot 8
1794 S-22 R1 PCGS AU Detail Environmental Damage. Frosty light to medium chocolate brown with slightly lighter brown toning on the very highest points of the devices. This cent is sharply struck and there is very little friction on the highest points of the portrait, and the reverse looks mint state. However a glass reveals uniform extremely fine granularity mixed into the die flowlines. No spots or stains, and the only notable marks are a very light diagonal nick on the bust over the 4, a couple more on the cheek and neck, and a tiny pinprick over the end of the pole. These contact marks are "lost" in the die flowlines and do not catch your eye. LDS, Breen State VIII, with heavily flowlined fields on the obverse, a die crack up through the 4 and neck to the ear lobe, and shallow "Mounds" on the reverse. Looks better than the "Environmental Damage" assessment given by PCGS might imply. Not seen by Bland or Noyes. Our grade is EF40. The attribution is noted on the PCGS label. PCGS #35531. Estimated Value $4,000 - UP
Source unrecorded-Dr. Mark D. Cadden Collection.

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Realized
$3,360
Lot 9
1794 S-23 R4+ PCGS graded XF45+. Frosty medium brown with four puffs of reddish brown toning on the obverse, and each of the reddish areas contains a tiny speck of verdigris or crud that is visible only under magnification. The rest of the planchet is choice and the reverse is close to flawless. The only contact mark is a very light rim bruise under the 9. LDS, Breen state V, with all the obverse die cracks described by Breen. The obverse is clearly bisected by a rather strong crack that has created a shelf in the field before the neck; the plain of the field under the chin is higher than the plain around the pole. The obverse die clearly was prepared for retirement. Graded VF35 net VF30 and tied for CC#3 in the Noyes census. Bland says VF35 and tied for CC#3 as well. Our grade is VF35+ sharpness net VF30+. One of the finer pieces is impounded in the ANS Collection, so there is only a single finer S-23 cent available to collectors (the Holmes example, our sale 9/6/2009:38, that brought $106,375). The attribution and Boka provenance are note on the PCGS label. PCGS population 1; 1 finer in 64. PCGS #35534. Estimated Value $12,000 - UP
Discovered in England-Rare Coin Company of America-Gordon J. Wrubel-Dr. Robert A. Schuman-Gordon J. Wrubel 12/1978-Denis W. Loring 5/7/1983-Jack H. Robinson, Superior 1/29/1989:37-Dr. Allen Bennett 4/4/1992-Eric Streiner, Superior 10/1992:63-Tony Terranova-Thomas D. Reynolds and Chris McCawley-Rick Fitzgerald 4/1994-Thomas D. Reynolds-Walter J. Husak-Chris McCawley 3/11/2002-Jon A. Boka, Heritage Auctions 9/8/2016:5308--Chris McCawley-Dr. Mark D. Cadden Collection.

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Realized
$14,400
Lot 10
1794 S-24 R1 PCGS graded XF45, CAC Approved. The "Apple Cheek" variety, so called because of the puffed out cheek on Ms. Liberty. Very attractive glossy medium brown. The surfaces are smooth and this cent has great eye appeal. No spots or stains, only minor contact marks. The notable marks are a small tick on the truncation over the 4 and a very light rim bruise at TE in STATES. In addition there is a curved struck-through line (caused by a piece of wire or thread on the die) that arcs from the dentils at RT through the hair to the bottom of the cap (as struck), but this line does not catch your eye. MDS, Breen state IV, with light die cracks on the obverse and minor swelling in the middle of the reverse, but before any die rust. Graded VF25 net F15 and tied for CC#34 in the Noyes census, his photo #25818. Our grade is VF25. The attribution is noted on the PCGS label. PCGS population 3; 11 finer. PCGS #35537. Estimated Value $4,000 - UP
Ex Kagin's Auction Sale #322 at GENA 9/26/1980:109-Denis W. Loring 7/1981-Fred H. Borcherdt 4/23/2005-Jon A. Boka-Dr. Mark D. Cadden Collection (includes the Borcherdt and Boka collection envelopes and Kagin's lot ticket).

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Realized
$4,560
Lot 11
1794 S-25 R3 PCGS graded F15. Glossy light olive and chocolate brown with some subtle puffs of darker olive brown toning in the obverse fields. The surfaces are smooth except for a bit of extremely faint roughness around ERICA to the denominator. No verdigris. The notable marks are some hairline scratches lost in the toning on the portrait, a rim nick or planchet chip off the right top of the Y, and a small flake near the rim below the right edge of the fraction. E-MDS, Breen state II, with a single set of die clashmarks. The dies were axially misaligned (the die faces were not perfectly parallel) causing minor weakness in the dentils before the portrait and the opposing legend at ERICA to the fraction. Everything else is complete and clear. Our grade is F12+. The attribution is noted on the PCGS label. PCGS population 1; 7 finer: 1 in 20, 1 in 30, 1 in 40, 1 in 45, 1 in 50, 1 in 53, 1 in 58. PCGS #35540. Estimated Value $1,250 - UP
Source unrecorded-Dr. Mark D. Cadden Collection.

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Realized
$930
Lot 12
1794 S-26 R2 PCGS graded VF35. Glossy dark olive brown and steel with some darker olive toning at the bottom of the cap where there are microscopic traces of carbon. The notable marks are several small planchet flakes or pits in the field before the end of the nose, a flake on the leg of the R in LIBERTY, and a small dig on the of the right foot of the first A in AMERICA. LDS, Breen state VII, with strong die cracks on the reverse and obvious swelling on the C in CENT. The reverse is rotated 25 degrees clockwise relative to the normal head-to-foot die orientation. Our grade is VF20. The attribution is noted on the PCGS label. PCGS population 1; 7 finer: 3 in 55, 2 in 58, 1 in 65, 1 in 66. PCGS #35543. Estimated Value $1,500 - UP
Source unrecorded-Dr. Mark D. Cadden Collection.

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Realized
$1,920
Lot 13
1794 S-27 R5 PCGS graded F15. Olive brown and steel with lighter steel brown toning on the devices. The highpoints are smooth but the fields and protected areas are covered with very fine granularity. No verdigris or notable marks. Nicely struck EDS, Breen state I, before any die cracks or waves on the obverse. The date and legends are complete and clear, and this cent offers nice eye appeal in spite of the imperfect surfaces. Graded F12 net VG8 and tied for CC#11 in the Noyes census, his photo #32312. Bland says VG8. Our grade is VG10. The attribution and Clover provenance are noted on the PCGS label. PCGS population 1; 2 finer: 1 in 40, 1 in 50. PCGS #35546. Estimated Value $2,750 - UP
Acquired unattributed on 6/1/1990 by Thomas D. Reynolds 6/3/1990-R. S. Brown, Jr., Superior 1/27/1996:40-Phillip W. Clover, Heritage Auctions 9/6/2012:3030 (via Chris McCawley)-Dr. Mark D. Cadden Collection.

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Realized
$2,880
Lot 14
1794 S-28 R2 PCGS graded AU53. Glossy light steel brown and light olive fading to olive brown in protected areas. The surfaces are smooth and this cent has very nice eye appeal, but the toning is not original (good enough to get by the PCGS graders, though). The only notable marks are a pair of tiny rim nicks left of the fraction, a very light rim bruise over the D in UNITED, and a small flake out of the rim over the second S in STATES. Sharply struck MDS, Breen state IV, with two very light die cracks on the obverse and die clashmarks on the reverse. Our grade is net VF35. The attribution is noted on the PCGS label. PCGS population 1; 7 finer: 1 in 55, 1 in 58, 1 in 62, 1 in 63, 1 in 63+, 1 in 64, 1 in 66. PCGS #35549. Estimated Value $5,000 - UP
Ex Hartman B. Mowery-anonymous-Shawn A. Yancey-Dr. Mark D. Cadden Collection.

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Realized
$9,300
Lot 15
1794 S-29 R2 PCGS XF Detail Environmental Damage. Glossy reddish brown and chocolate blending to olive brown in protected areas. Sharply struck showing very little wear on the highest points of the devices. The surfaces are smooth but there are a half dozen specks of greenish verdigris on the chin, lips, and in the field to the right. Although these specks are quite small they do catch your eye. Otherwise this cent is beautiful. Frosty luster covers the fields and protected areas on the reverse giving that side mint state eye appeal. EDS, Breen state I, with the usual fine die cracks on the obverse but an uncracked reverse. Our grade is EF45 sharpness net VF35. The attribution is noted on the PCGS label. PCGS #35552. Estimated Value $4,500 - UP
Ex Evan L. Kopald, McCawley & Grellman 2006 Fixed Price Catalog-Dr. Mark D. Cadden Collection.

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Realized
$3,840
Lot 16
1794 S-30 R1+ PCGS AU Detail Environmental Damage. Rather glossy dark olive brown with lighter brown and tan toning on the highpoints of the obverse. The reverse is frosty and this cent has excellent eye appeal. However a glass reveals very fine roughness covering all but the obverse highpoints. The roughness is strongest under the bust but there is no verdigris and no contact marks. Sharply struck EDS, Breen state I, with strong die clashmarks at the upper junction of the cap and hair. Graded EF45 net VF25 by Noyes, his photo #59825. Our grade is EF45+ sharpness net VF35. A sharply detailed cent that comes with a nice provenance. The attribution and Howard Newcomb provenance are noted on the PCGS label. PCGS #35555. Estimated Value $3,500 - UP
Ex Howard R. Newcomb (privately)-Rudy Sieck-Bowers & Merena 6/20/1984:3336-unknown-Atlanta 2005 ANA bourse-Chris McCawley 5/5/2006-Jon A. Boka-Dr. Mark D. Cadden Collection.

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Realized
$3,840
Lot 17
1794 S-31 R1 PCGS graded AU53. Very attractive glossy medium chocolate brown blending to darker olive brown and steel in protected areas. The surfaces are smooth and nearly void of marks. A tiny tick at the corner of the eye and a small flake or struck-through line in the center of the nose can help identify this cent. E-MDS, Breen state I, with faint die clashmarks on the reverse. Graded EF40 Choice and tied for CC#16 in the Noyes census, his photo ANS #285. Our grade is EF40+ Choice. Both sides of this cent are plated in the 1910 Elder-Gilbert reference on the cents of 1794 (which was an update to the 1893 Frossard-Hays reference). A very nice 1794 cent, and it comes with a notable provenance. The attribution and Sheldon-ANS provenance are noted on the PCGS label. PCGS population 2; 8 finer: 1 in 55+, 2 in 62, 1 in 63, 1 in 63+, 2 in 64, 1 in 66. PCGS #35558. Estimated Value $7,500 - UP
Ex Ebenezer Gilbert, Thomas L. Elder #44, 10/12/1910:39-Henry Olson Granberg-William H. Woodin, United States Coin Co. 5/19/1915:123-unknown-Dr. William H. Sheldon-switched into the ANS Collection-switched out for the repatriated original Clapp donated coin after 6/27/2000-unknown-Chris McCawley 10/31/2014-Dr. Mark D. Cadden Collection.

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Realized
$9,900
Lot 18
1794 S-32 R2 PCGS graded XF45+, CAC Approved. Glossy medium brown and light olive blended with a faint hint of reddish brown on the reverse. The surfaces are smooth except for a hint of extremely faint granularity in the fields at the top of the reverse, and you need a strong glass to see any of it. The only mark, and it is quite faint, is a fine diagonal hairline over the numerator of the fraction. LDS, Breen state V, with a bold die crack through the first S in STATES to the O in ONE, and the left half of the upper part of that S is filled with a tiny cud break. Numerous sets of die clashmarks (6?) show on the reverse and there is a cud break in the dentils above LI in LIBERTY. A nice example of a neat die state. Graded VF25 net VF20 and tied for CC#18 in the Noyes census, his photo #37236. Our grade is VF30. The attribution and Husak provenance are noted on the PCGS label. PCGS population 1; 6 finer: 1 in 55, 1 in 58, 1 in 58+, 1 in 63, 1 in 64+, 1 in 66. PCGS #35561. Estimated Value $3,250 - UP
Ex Clayton L. Wallace, Stack's 12/1963:431-unknown-Bertram M. Cohen (Great American Coin Co.) 2/10/1983-Jack H. Robinson, McLaughlin & Robinson Auctions 1/1988:62-Joel W. Spingarn-Don Militzer-Chris McCawley 8/1998-Robert C. Clark, 2000 ANA Sale (Bowers & Merena) 8/2000:226 (as EF40)-unknown-J. J. Teaparty 7/29/2003-March Wells, McCawley & Grellman Auctions/Goldbergs 2/1/2009:514-Walter J. Husak-Chris McCawley-Dr. Mark D. Cadden Collection (includes the Husak collection envelope).

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Realized
$5,040
Lot 19
1794 S-33 R6 PCGS Fine Detail Environmental Damage. Rather glossy dark olive brown with lighter brown and tan toning on the devices, a classic "two-tone" cent. Minor roughness covers all but the highpoints but there is no verdigris. The notable marks are a rim bruise below the 94, a smaller one off the end of the pole, and another at D-S. The date and legends are clear except for ONE CENT, which has been obliterated by the severe die failure that accounts for the rarity of this die paring. M-LDS, Breen state V, with six radial die breaks on the reverse (the so-called "Wheelspoke" breaks) and heavy swelling inside the wreath. The reverse die failed spectacularly creating one of the great rarities among the numbered Sheldon die varieties. Called VF20 net G6 and tied for CC#10 in the Noyes census, his photo #25040. Bland says F12 net VG7 and tied for CC#7. Our grade is F15 sharpness net VG7+, close to VG8. An important cent that comes with a very nice provenance. The attribution is noted on the PCGS label. (The PCGS population for examples of S-33 graded at PCGS is 3 in 03, 1 in 06, 1 in 08, and 1 in 35.) PCGS #35564. Estimated Value $15,000 - UP
Ex Walter Breen-Kenneth W. Rendell 4/1959-C. Douglas Smith 1965-Alfred Bonard, French's (privately) 5/1967-R. E. Naftzger, Jr., 3/1971-Denis W. Loring 12/1977-Charles Gifford 8/1979-Richard V. Punchard 4/1992-Dr. Bruce M. Reinoehl 9/30/2011-Jon A. Boka, Heritage Auctions 9/8/2016:5318-Dr. Mark D. Cadden Collection.

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Realized
$31,200
Lot 20
1794 S-34 R5+ PCGS VF Detail Environmental Damage. Olive brown and steel. The highpoints display a bit of gloss but the remainder of the planchet is covered with uniform fine granularity. No verdigris and the only contact mark is a tiny diagonal tick high on the cheek. The date and legends are complete and easily readable. Very rare terminal die state, Breen state IV, with a large cud break connecting the cap to the rim above in addition to the earlier small rim cud above the L in LIBERTY. The reverse is rotated 30 degrees CCW, which is normal for this die state. Called F15 net G5 and tied for CC#22 in the Noyes census, his photo #27763. Our grade is VF20 sharpness net VG7. The attribution is noted on the PCGS label. PCGS #35567. Estimated Value $3,000 - UP
Ex Normal Stack Collection-Herman Halpern, Stack's 3/16/1988:47-J. R. Frankenfield, McCawley & Grellman Auctions/Superior 2/17/2001:229-Phillip W. Clover, Heritage Auctions 9/6/2012:3037-Dr. Mark D. Cadden Collection.

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Realized
$6,000
Lot 21
1794 S-35 R5 PCGS graded VF25. Glossy medium chocolate brown. The reverse is not as glossy as the obverse thanks to extremely faint granularity in the fields and protected areas on that side. The only significant marks are a couple dull scratches in the field before the portrait, and they are visible to the unaided eye. No verdigris, and the only other contact marks are a half dozen very fine scratches on the reverse, mostly at the top of the wreath, and a light rim bruise at the second A in AMERICA. M-LDS, Breen state VI, with several prominent die cracks on the obverse and the reverse rotated 30 degrees clockwise. In spite of the flaws this cent offers excellent eye appeal, and it comes with a very impressive history. This is the discovery coin for the die variety, that being accomplished by Edouard Frossard while he was cataloging the collection of George Merritt in 1878. Both sides are plated in the 1879 Frossard Monograph, and the obverse is plated in the 1893 Frossard-Hays reference on the cents of 1794 and in the 1979 Tom Morley reference on grading 1794 cents by die variety (this cent represents the VF20 grade). When William Hays owned the coin he marked the edge two times in white paint with "H53" to identify this cent as the Maris-53 die variety, but some of that marking has flaked away over the decades. Graded VF30 net F15 and tied for CC#6 in the Noyes census, his photo #30767. Bland says VF30 net VF20 and CC#7. Our grade is VF25 sharpness net F15+. The provenance of this cent has been traced back for well over 100 years and it includes numerous famous collectors of large cents; arguably one of the most impressive provenances ever traced for a large cent. The attribution is noted on the PCGS label. PCGS population 2; 3 finer: 1 in 40, 2 in 50. PCGS #35570. Estimated Value $12,500 - UP
Ex George W. Merritt, Edouard Frossard 1/3/1879:107-Ferguson Haines, W. Elliot Woodward 10/1880:234-William W. Hays 1900-Charles Steigerwalt 1906-Charles Zug-Hays Phelps Sale, Lyman Low 3/7/1907:29-General C. L. Wellington, Lyman Low 1/1913:112-Ebenezer Gilbert, Thomas L. Elder 12/10/1913:33-Dr. George P. French (privately)-Henry C. Hines-Dr. William H. Sheldon-Charles Williams, Numismatic Gallery 11/14/1950:37-Judge Thomas L. Gaskill, New Netherlands Coin Co. (privately) 11/1956-Dorothy Paschal-C. Douglas Smith-Del Bland-Dr. Robert A. Schuman-John W. Adams, Bowers & Ruddy 1982 FPL:27-Del Bland-Donald Petersen, Superior 2/1992:681-James Neiswinter-Chris McCawley 8/1995-Walter J. Husak-Chris McCawley-Chuck Heck Collection, McCawley & Grellman Auctions/Goldbergs 2/12/2017:271-Dr. Mark D. Cadden Collection (includes the Heck collection envelope).

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Realized
$22,200
Lot 22
1794 S-36 R5 PCGS graded XF40, CAC Approved. Very attractive glossy medium brown and light chocolate. The surfaces are smooth and this cent has choice eye appeal. The only notable marks are a thin diagonal nick below the eye, a tiny rim bruise under the bust tip, another over the M in AMERICA, and a final rim bruise over the second A in AMERICA. None of these contact marks is significant or at all distracting. Sharply struck E-MDS, Breen state I late, with a faint die crack joining the tops of the E & D in UNITED but no additional die cracks on the reverse and no clashmarks on either side. Graded VF30 net VF25 and tied for CC#4 in the Noyes census, his photo #21810. Bland says VF25 and tied for CC#5. Our grade is VF30 net VF25. A premium example of this tough die variety, and it comes with a nice provenance. The attribution and Boka provenance are noted on the PCGS label. PCGS population 1; 2 finer in 50. PCGS #35573. Estimated Value $13,000 - UP
Discovered in England-James D. King 3/13/1971-John W. Adams 3/1973-Denis W. Loring 5/1974-Dr. Robert J. Shalowitz-Dr. Robert A. Schuman 9/1975-Denis W. Loring 5/7/1983-Jack H. Robinson, Superior 1/29/1989:60-Daniel W. Holmes, Jr. 11/1/2004-Jon A. Boka, Heritage Auctions 9/8/2016:5321-Dr. Mark D. Cadden Collection (includes the Loring and Schuman collection envelopes and both lot tickets).

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Realized
$28,800
Lot 23
1794 S-37 R6+ PCGS VF Detail Environmental Damage. Slightly glossy dark olive brown and steel. Sharply struck and free of verdigris or notable contact marks, but the planchet is covered with uniform fine erosion and granularity. The best identifying mark is a very light rim bruise at the U in UNITED. EDS, Breen state I, before the obverse die was lapped. The date and legends are complete and clear. A sharp, reasonably attractive example of a variety that nearly always comes with significant surface problems. Graded VF25 net VG10 and tied for CC#4 honors in the Noyes census, his photo #57023. Not seen by Bland. Our grade is VF25 sharpness net F12. A very important example of the rarest numbered die variety of 1794 cents. The attribution is noted on the PCGS label. PCGS #35576. Estimated Value $35,000 - UP
Acquired unattributed in a date set by Tim Carroll, owner of a coin shop in Longwood, Florida in 2003-attributed for Mr. Carroll by Bob Grellman and consigned to the McCawley & Grellman/Superior auction 1/25/2004:1214-Jon A. Boka 1/14/2005-Dan Trollan 2/13/2014 (via Jon A. Boka)-Dr. Mark D. Cadden Collection.

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Realized
$60,000
Lot 24
1794 S-38 R5 PCGS AU Detail Environmental Damage. Dark steel and olive brown. The surfaces are a bit dull but do show a hint of gloss in spite of uniform extremely fine granularity that covers both sides. Traces of shallow verdigris can be found in a few of the protected areas, but you need a strong glass to find it. There are no contact marks. Sharply struck LDS, Breen state I (in our opinion Breen has the die states reversed). Only a single lump shows in the field below the cap. Graded EF40 net VF20 and tied for CC#5 in the Noyes census, his photo #32038. Bland says VF25 and tied for CC#4. Our grade is EF40 sharpness net VF25. Comes with a wonderful provenance that includes many of the most prominent collectors of early cents. The attribution is noted on the PCGS label. Estimated Value $6,000 - UP
Ex J. Collidge Hills, Lyman H. Low #211, 12/1/1923:342-Charles E. Clapp, Sr. 12/1924-George H. Clapp 1945-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger Jr., New Netherlands Coin Co. 11/14/1973:358 (as VF30)-John W. Adams-Dorothy I. Paschal-John W. Adams 11/1/1977-Myles Z. Gerson 7/1978-Del Bland 5/4/1984-George E. Ewing, Jr.-Eric Streiner, 1994 EAC Sale, lot 169 (as VF25)-Daniel W. Holmes, Jr., 6/30/2005-Chris McCawley & Bob Grellman-Walter J. Husak 4/27/2007-Trina Husak 2/16/2013-Jon A. Boka-Dr. Mark D. Cadden Collection (includes the collection envelopes of Naftzger, Adams, Holmes, & Husak plus the 1973 New Netherlands lot ticket).

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Realized
$7,200
Lot 25
1794 S-39 R6 PCGS graded XF40. Very attractive glossy medium brown and light olive. The surfaces are smooth and this cent has outstanding eye appeal. The only notable marks are a diagonal nick hidden in clashmarks close to the back of the head, a dull scratch at ME in AMERICA, and a few tiny ticks inside the O in OF. E-MDS, Breen state II early, with die clashmarks on the obverse but an uncracked reverse. Graded VF30 net VF20 and CC#7 in the Noyes census, his photo #59301. Bland says VF25 and tied for CC#6 with the ANS example. Our grade is VF30. A very attractive example of this rare die variety. The attribution is noted on the PCGS label. PCGS population 1; 2 finer: 1 in 45, 1 in 55. PCGS #35582. Estimated Value $20,000 - UP
Ex Chris McCawley 2/15/2001-W. M. "Jack" Wadlington 6/2005-Bob Grellman & Chris McCawley 7/25/2005-Walter J. Husak 10/27/2005-Jon A. Boka-Dr. Mark D. Cadden Collection.

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Realized
$18,000
Lot 26
1794 S-40 R5+ PCGS graded AU50, CAC Approved. Choice glossy light to medium brown with darker steel brown toning on the highpoints of the portrait. The surfaces are perfectly smooth and this cent has outstanding eye appeal. The only marks are a small dig or planchet flake nestled between the two lumps in the field below the cap and a pair of very light rim bruises under the date. The reverse is absolutely flawless. LDS, Breen state V, with a relatively strong die crack through the top of the cap, a strong radial crack from the rim through the D in UNITED to the leaf below where it fades away, and another strong radial crack from the rim through the left edge of the N in UNITED to the leaf below. Graded VF35 and tied for CC#5 with the ANS coin in the Bland census. Noyes says EF40 net VF35 and CC#5 by itself with the ANS example one of the 4 finer pieces, his photo #27811. Our grade is VF35. The reverse of this cent is plated in the 1991 Noyes reference to illustrate the late die state. A superior example of this rare die variety and a neat die state. The attribution and Boka provenance are noted on the PCGS label. PCGS population 1; 2 finer: 1 in 63, 1 in 64. PCGS #35585. Estimated Value $25,000 - UP
Ex an unidentified English source-James D. King 8/23/1973-C. Douglas Smith-Del Bland-Dr. Robert A. Schuman 3/1976-Del Bland-Denis W. Loring 5/7/1983-Jack H. Robinson, Superior 1/29/1989:65-J. R. Frankenfield, McCawley & Grellman Auctions/Superior 2/17/2001:236-W. M. "Jack" Wadlington 7/2005-Bob Grellman & Chris McCawley 7/25/2005-Jon A. Boka, Heritage Auctions 9/8/2016:3525-Dr. Mark D. Cadden Collection (includes the Frankenfield and Boka lot tickets).

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Realized
$32,400
Lot 27
1794 S-41 R3 PCGS graded AU50. Very attractive frosty medium steel and chocolate brown with lighter brown toning covering the protected areas on the reverse. No hint of corrosion or verdigris and only microscopic contact marks. The best identifying marks are a tiny pinprick at the leaf point under the C in AMERICA and a thin nick or planchet chip through the right top of the T in CENT. Nicely struck E-MDS, Breen state III, with a radial crack through the D in UNITED to the top of the C in CENT but no trace of the later crack down through AT in STATES. The reverse is rotated 20 to 25 degrees CCW relative to the normal head-to-foot die orientation. Graded VF35 net VF30 and tied for CC#6 honors in the Noyes census, his photo #20134. Bland says VF35 and tied for CC#4. Both census lists show only a single example of this variety that grades above EF40, and that coin is impounded in the ANS Collection. Our grade is VF35. The attribution and Reynolds provenance are shown on the PCGS label. PCGS population 1; 3 finer: 1 in 50, 2 in 55. PCGS #35588. Estimated Value $8,000 - UP
Ex Hathaway & Bowers FPLs 1970-1971-John W. Adams 1/1975-Denis Loring 5/7/1983-Jack H. Robinson, Superior 1/29/1989:67-John Sype 4/1991-James H. Goudge-Walter Husak-Fred Borcherdt 5/2013-Thomas D. Reynolds Collection, McCawley & Grellman Auctions/Goldbergs 1/31/2016:25-Dr. Mark D. Cadden Collection (includes the Husak and Reynolds collection envelopes).

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Realized
$8,100
Lot 28
1794 S-42 R4 PCGS graded AU55, CAC Approved. Superb glossy medium brown with smooth, nearly flawless surfaces. There is just a light touch of friction on the highest points of the devices and this cent has outstanding eye appeal. No spots or stains, and the only marks are a few trivial ticks on the neck, one more in the field off the bottom of the chin, and some tiny planchet chips in the fields (as struck). The reverse is about as flawless as you could ever expect for a lightly used 1794 cent. EDS, Breen state I, without any die clashmarks. Graded AU50 Choice and CC#2 in the Noyes census, his photo #20370. Bland says AU50 and CC#2 as well. Our grade is EF45+, close to AU50. The edge is neatly marked in off-white ink with "HALL" and "46" to document ownership by Dr. Thomas Hall over a century ago. Both sides of this cent are plated in the 1893 Frossard-Hays reference on the cents of 1794, and the obverse is plated on page 18 of the 1979 Tom Morley reference on 1794 cents to illustrate the EF45 grade for the variety. Previous claims that this is the Breen plate coin are incorrect. This beautiful cent comes with a superb provenance that includes some of the most prominent names in large cent collecting history. The attribution and Boka provenance are noted on the PCGS label. PCGS population 1; 1 finer in 58. PCGS #35591. Estimated Value $30,000 - UP
Ex Lorin G. Parmelee 7/6/1891-Dr. Thomas Hall 9/7/1909-Virgil M. Brand, New Netherlands Coin Co. #34, 10/5/1951:590-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/14/1973:363-John W. Adams, Bowers & Ruddy Galleries 1982 FPL, lot 33-Denis W. Loring 5/7/1983-Jack H. Robinson, Superior 1/29/1989:69-Dr. Allen Bennett 1/20/1998-Walter J. Husak, Heritage Auctions 2/15/2008:2044-Jon A. Boka, Heritage Auctions 9/8/2016:5327-Dr. Mark D. Cadden Collection (includes the collection envelopes of Naftzger, Adams, Loring, Bennett, and Husak plus 4 lot tickets).

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Realized
$37,200
Lot 29
1794 S-43 R2+ PCGS XF Detail Environmental Damage. Slightly glossy dark steel and olive brown. The surfaces are a bit dull thanks to uniform extremely fine granularity that covers both sides. No notable verdigris or contact marks, and the eye appeal is nice in spite of the imperfect surfaces. A small chip on the rim over the second T in STATES can help identify this cent. Nicely struck MDS, Breen state IV, with die cracks on both sides and the reverse rotated 35 degrees clockwise. In addition there is a fine but clearly defined double profile from the forehead down to the chin (as often seen on this variety). Not evaluated by Noyes or Bland. Our grade is EF40 sharpness net VF25. The attribution is noted on the PCGS label. Estimated Value $3,000 - UP
Source unrecorded-Dr. Mark D. Cadden Collection.

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Realized
$1,860
Lot 30
1794 S-44 R1 PCGS graded XF40. Glossy dark steel and chocolate brown. Possibly recolored but the toning is attractive and it passed muster at PCGS. The surfaces are smooth and the only marks are a few minor ticks on the neck near the hair. LDS, Breen state V early. The final crack from the Y to the brow is faint while the earlier cracks on both sides are clear. Our grade is VF25. The attribution is noted on the PCGS label. PCGS population 1; 4 finer: 2 in 45, 1 in 55, 1 in 58. PCGS #35597. Estimated Value $2,250 - UP
Source unrecorded (but it comes with a Boka collection envelope)-Dr. Mark D. Cadden Collection.

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Realized
$3,360
Lot 31
1794 S-45 R5+ PCGS graded VG10. Glossy medium brown blending to darker chocolate brown in the protected areas. A very nice cent with smooth surfaces, just worn. No verdigris, only minor contact marks scattered over the obverse. The notable marks are a dull nick on the forehead along the hairline and a smaller nick under the L in LIBERTY. The date and legends are complete and clear. EDS, Breen state I, before the reverse die cracked at IC in AMERICA. Graded VG10 and CC#11 in the Noyes census, his photo #25316. Bland says VG10 and tied for CC#10. Our grade is VG10. Seldom will all 3 EAC graders and PCGS agree on a grade! Comes with a nice provenance. The attribution is noted on the PCGS label. PCGS population 2; 3 finer: 1 in 12, 1 in 15, 1 in 62. PCGS #35600. Estimated Value $4,500 - UP
Ex Thomas P. Warfield, Associated Coin Auction Co. 10/28/1955:171-Del Bland 5/1957-William H. Smith (Eureka Coin Shop)-Robert S. Carter, Jr., 12/20/1985-Wesley A. Rasmussen, Heritage Auctions 1/13/2005:3053-Jon A. Boka 12/15/2013-Dr. Mark D. Cadden Collection.

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Realized
$4,560
Lot 32
1794 S-46 R3 PCGS graded AU53. Frosty light olive and steel brown with traces of satiny mint luster remaining visible in protected areas, especially on the reverse. The surfaces are smooth, free of any hint of corrosion or verdigris, and this cent has excellent eye appeal. The only defects are some nicks on the cheek and neck, the most notable one being a diagonal nick on the jaw over the throat. Sharply struck EDS, Breen state I, with a single die crack on the obverse reaching from the dentils right of the date up through the bust and neck into the hair right of the cap. There is a fine double profile on the nose, lips, and chin plus stronger doubling on the 179. Graded EF45 net EF40 and tied for CC#5 in the Noyes census, his photo #20058. Bland says EF45 and tied for CC#6. Our grade is EF45. Both sides of this cent are plated in the 1923 reference on the cents of 1794 prepared by S. H. Chapman. Comes with a great provenance that can be traced back well over a century. The attribution and Boka provenance are noted on the PCGS label. PCGS population 1; 1 finer in 63. PCGS #35603. Estimated Value $15,000 - UP
Ex Arthur Sargent, S. H. Chapman 6/20/1913:455-Thomas L. Elder-Waldo Newcomer-B. Max Mehl-Howard R. Newcomb, J. C. Morgenthau & Co. #458, 2/7/1945:63-Milton A. Holmes, Stack's 10/5/1960:1375-C. Douglas Smith 1965-Alfred Bonard, Abe Kosoff/Numismatic Enterprises 1968 ANA Sale, lot 1718-Julian Leidman-Dr. Robert A. Schuman-Denis W. Loring-John W. Adams, Bowers & Ruddy 1982 FPL:41-Denis W. Loring 5/7/1983-Jack H. Robinson, Superior 1/29/1989:79-Gary M. Ruttenberg, McCawley & Grellman Auctions 8/17/1996:90-Walter J. Husak, Heritage Auctions 2/15/2008:2048-Jon A. Boka, Heritage Auctions 9/8/2016:5331-Dr. Mark D. Cadden Collection (includes the collection envelopes from Shuman, Loring, Ruttenberg, and Husak plus the lot tickets from Adams, Robinson, Ruttenberg, and Boka.

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Realized
$18,000
Lot 33
1794 S-47 R4 PCGS graded XF40. Glossy medium brown with a couple splashes of reddish chocolate on the obverse. One of these splashes is on the neck, and within this splash are a half dozen very tiny specks of greenish verdigris (visible only under magnification). Otherwise the surfaces are smooth and the notable marks are a small, light rim bruise under the 79 and a slightly stronger one at D in UNITED plus a few other minor marks of no significance. The reverse is very attractive, nearly choice. LDS, Breen state III, with a fine die crack passing through the tops of NITE in addition to the earlier die cracks on the reverse. The repunching on LI in LIBERTY is still clear. In addition, there is a clear double profile (from die bounce) on the forehead, nose tip, lips, and chin. Graded VF30 net VF20 and tied for CC#5 in the Noyes census, his photo #20509. Bland says VF30 and tied for CC#2. Our grade is VF20+. Both sides of this cent are plated on page 107 in the 2005 Provenance Gallery of the Year 1794 prepared by Jon Alan (Al) Boka to illustrate the die variety. And it comes with a very nice provenance. The attribution and Mervis provenance are noted on the PCGS label. PCGS population 1; 3 finer: 1 in 45, 2 in 50. PCGS #35606. Estimated Value $12,000 - UP
Ex Colonel James W. Ellsworth 3/1923-Wayte Raymond-Charles E. Clapp, Sr. 1923-George H. Clapp 1944-Dr. William H. Sheldon-Dorothy Paschal-John W. Adams, Bowers & Ruddy 1982 FPL, lot 42-Denis W. Loring 5/7/83-Jack H. Robinson, Superior 1/29/1989:83-Daniel W. Holmes, Jr., McCawley & Grellman Auctions/Goldbergs 9/6/2009:76 (via Greg Hannigan)-Adam Mervis, Heritage Auctions 1/10/2014:2479-Chris McCawley 5/3/2014-Dr. Mark D. Cadden Collection (includes the Sheldon, Paschal, Loring, and Holmes collection envelopes plus the Adams and Holmes lot tickets).

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Realized
$7,800
Lot 34
1794 S-48 R5 Starred Reverse PCGS VF Detail Environmental Damage. Slightly glossy medium to darker olive brown. No verdigris but the planchet is covered with fine to moderate granularity, strongest on the reverse. The only marks are a pair of small, dull nicks on the chin and a tiny rim bruise at the E in UNITED. The rims are complete and most of the stars are visible, but there is weakness along the dentils over MERI due to the usual swelling in that area. E-MDS, Breen state II, with barely visible swelling from CE in CENT to the R in AMERICA. The date and legends are complete and easily readable in spite of a few weak elements on the reverse. Not perfect, but waiting for a choice "Starred Reverse" cent can be an exercise in futility. Not seen by Noyes or Bland; a relatively new discovery. Our grade is VF20 sharpness net VG8. The attribution is noted on the PCGS label. PCGS #35705. Estimated Value $17,500 - UP
Ex William R. Orwen, Stack's 10/20/1999:39-Carl Bayuk, Stack's 5/10/2000:180-Paul Sims-Chris McCawley-Dr. Mark D. Cadden Collection.

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Unsold
Lot 35
1794 S-49 R2 PCGS graded AU50. Choice glossy medium chocolate brown. Frost covers the protected areas and this cent has outstanding eye appeal. The surfaces are smooth and the only notable marks are some small rim nicks including one at the top of the cap, another over the E in UNITED, and a couple more over ATE in STATES. Nicely struck EDS, Breen state I. There are light die clashmarks on both sides but the crack down through the E in LIBERTY has not formed. Graded EF40 net VF35 and tied for CC#5 in the Noyes census, his photo #59258. Our grade is VF35. A nice cent that comes with an equally nice provenance. The attribution and Husak provenance are noted on the PCGS label. PCGS population 2; 1 finer in 58. PCGS #35609. Estimated Value $6,500 - UP
Ex Charles J. DuPont (Anderson DuPont Sale), Stack's 9/24/1954:72-Herbert M. Oechsner, Stack's 9/8/1988:45-James R. McGuigan-David Henderson, Superior 1/1993:45-James H. Goudge, Bowers & Merena 1/1997:5-Dr. Wallace Lee, McCawley & Grellman Auctions/Superior 5/25/2003:376-Walter J. Husak, Heritage Auctions 9/2011:3005-Dr. Mark D. Cadden Collection (includes the Husak collection envelope).

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Realized
$9,000
Lot 36
1794 S-50 R5+ PCGS XF Detail Rim Damage. Superb glossy medium brown and light chocolate. The surfaces are smooth, the color is unimprovable, and this cent has spectacular eye appeal--until you see the rim dent at the bottom of the reverse. Otherwise the only marks are a small planchet flake at the dentils left of the lowest curl (as struck), and a minor rim bruise at IC in AMERICA. LDS, Breen state III (a die state called Extremely Rare by Breen) with a die crack from the 4 to the bust, pole, and into the field beyond. Graded EF40 net VF25 and CC#5 in the Noyes census, his photo #61981. Bland says EF40 net VF30 and tied for CC#5. Our grade is VF35+ sharpness net VF25. A great cent in spite of the rim dent, and it comes with a nice provenance that can be traced back well over 100 years. The attribution is noted on the PCGS label. PCGS #35612. Estimated Value $8,000 - UP
Ex J. C. Barnes 6/27/1901-Dr. Thomas Hall 9/7 1909-Virgil M. Brand, New Netherlands Coin Co. #59, 6/19671199-Eugene Exman, Heritage Auctions 6/2015:3764-Chris McCawley 7/17/2015:Dr. Mark D. Cadden Collection.

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Realized
$13,200
Lot 37
1794 S-51 R4 PCGS graded VF35, CAC Approved. Glossy medium brown and chocolate with lighter brown toning in the fields and protected areas on the reverse. The surfaces are smooth and this cent has excellent eye appeal. The notable marks are a pair of faint hairline scratches left of the date, a barely visible rim bruise off the lowest curl, and another rim bruise over LI in LIBERTY. EDS, Breen state I, with an uncracked obverse. Graded VF30 net VF25 and tied for CC#8 in the Noyes census, his photo #26616. Bland says VF25 and tied for CC#9. Our grade is VF25. The attribution and Boka provenance are noted on the PCGS label. PCGS population 2; 5 finer: 2 in 40, 3 in 55. PCGS #35615. Estimated Value $7,000 - UP
Ex K. P. Austin-George Ramont-Jules Reiver-James R. McGuigan 1/1997-Dr. Wallace Lee, McCawley & Grellman Auctions/Superior 5/25/2003:377-Jon A. Boka, Heritage Auctions 9/8/2016:5336--Chris McCawley-Dr. Mark D. Cadden Collection (includes the Lee collection envelope and both lot tickets).

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Realized
$10,800
Lot 38
1794 S-52 R6- PCGS Fine Detail Repaired. Glossy light olive with puffs of dark olive brown toning in the fields and protected areas. The surfaces have been lightly smoothed and there are a few areas of minor roughness remaining in protected places. A spot of fine reddish corrosion at the curl left of the date and some tiny pits along the dentil tips at the bottom of the reverse can help identify this cent. EDS, Breen state I, with an uncracked obverse. The date is strong and the legends are complete and easily readable. May look better than it sounds. Graded F12 net G6 and tied for CC#20 in the Noyes census, his photo #56535. Del Bland graded this cent F15 sharpness net VG8. Our grade is VF20 sharpness net VG8+. Comes with a nice provenance. The attribution is noted on the PCGS label. PCGS #35618. Estimated Value $4,500 - UP
Ex Wichita Stamp & Coin-Ray Chatham-William R. T. Smith-R. S. Brown, Jr., Superior 9/30/1986:70-Wesley A. Rasmussen, Heritage Auctions 1/13/2005:3061-Jon A. Boka-Dr. Mark D. Cadden Collection.

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Realized
$6,300
Lot 39
1794 S-53 R6 PCGS Fine Detail Damage. Glossy olive brown and medium chocolate with a half dozen small puffs of slightly darker chocolate brown toning on the obverse. The surfaces are smooth and free of verdigris, but there are some contact marks including a half dozen rim bruises. Most of the rim bruises are quite minor; the stronger rim marks are over ITE in UNITED and CA in AMERICA. The rim bruises do not affect the legends, only the dentils. Otherwise the only marks are a few trivial ticks, none notable. EDS, Breen state I. Both dies are uncracked, as always on this variety. The date is strong and the legends are clear. Graded F15 sharpness net VG8 and tied for CC#6 in the Noyes census, his photo #27860. Bland says F15 net VG10 and tied for CC#8 in the Breen/Bland census. Our grade is F15 sharpness net VG10. This is the discovery coin for the variety, the discovery being made when the M. A. Brown sale was cataloged for the April 1897 auction conducted by the Chapman brothers. An imperfect but very nice cent that comes with a important provenance and "story." The attribution is noted on the PCGS label. PCGS #35621. Estimated Value $6,000 - UP
Ex M. A. Brown, S. H. & H. Chapman 4/16/1897:760-Benjamin H. Collins-William W. Hays 1900-Charles Steigerwalt 1906-Charles G. Zug-Hays Phelps Sale, Lyman H. Low 3/7/1907:58-Howard R. Newcomb-Foster Lardner, B. Max Mehl 6/1930:54-Will W. Neil, B. Max Mehl 6/1947:1862-Christian M. Petersen, Hollinbeck Coin Co. 8/1954:16-Dorothy I. Paschal-Dr. William H. Sheldon-C. Douglas Smith 1965-Al Bonard-Henry J. Berube (New England Coin Co.) 1/1996-Philip Van Cleave, Kagin's 1/30/1986:5057-Martin Paul (The Rarities Group)-George E. Ewing, Jr.-J. R. Frankenfield, McCawley & Grellman Auctions/Superior 2/17/2001:254-Chuck Heck Collection, McCawley & Grellman Auctions/Goldbergs 2/12/2017:301-Dr. Mark D. Cadden Collection (includes the Heck collection envelope and the Frankenfield lot ticket).

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Realized
$10,200
Lot 40
1794 S-54 R2 PCGS XF Detail Environmental Damage. Rather glossy dark steel and olive brown. Looks perfectly smooth to the unaided eye but a glass reveals extremely faint roughness in the fields and protected areas. No verdigris and only a few trivial marks. The notable ones are a tiny planchet chip between the L & I in LIBERTY, another at the dentils over the right side of the E in AMERICA, and a light scratch hidden in the toning between the S & T in STATES. E-MDS, Breen state II, with an uncracked obverse and light die clashmarks on the reverse. "H-7" is neatly written on the edge two times in yellowing ink (although this is the Hays-11 die variety). Graded EF40 net VF25 and tied for CC#11 in the Noyes census, his photo #36287. Our grade is EF40 sharpness net VF25+. Comes with a very nice provenance that has been traced back over a century. The attribution is noted on the PCGS label. PCGS #35624. Estimated Value $3,000 - UP
Ex William W. Hays 1900-Charles Steigerwalt-Henry O. Granberg-William H. Woodin, United States Coin Co. 5/19/1915:93-Rudolph Kohler-unknown-Superior Galleries 6/1975-Dr. Gustavo Baron, Superior 1/30/1989:3096-Thomas D. Reynolds 6/7/1989-Daniel W. Holmes, Jr. 3/17/2008-Chris McCawley 5/10/2008-Walter Reed (via Fred H. Borcherdt and Bill Noyes) 8/9/2012-Dr. Mark D. Cadden Collection (includes the Borcherdt collection envelope).

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Realized
$3,240
Lot 41
1794 S-55 R2 PCGS graded XF45. Frosty medium steel and olive brown. A lightly worn cent that was unevenly struck, which is typical for the variety, with significant weakness at the bottom of the obverse and top of the reverse. No corrosion or notable contact marks, but there are numerous tiny chips or planchet imperfections on both sides, and some of the chips on the neck have been lightly smoothed. A collection of microscopic chips or pits off the end of the left stem can help identify this cent. MDS, Breen state II, with a die crack down through the curls to the shoulder and light die clashmarks on the obverse. Graded EF45 net VF25 and tied for CC#19 in the Noyes census, his photo #37438. Bland says EF40 net VF30 and tied for CC#10. Our grade is EF40 net VF30. Comes with a nice provenance. The attribution and Boka provenance are noted on the PCGS label. PCGS population 2; 3 finer: 1 in 53, 1 in 58+, 1 in 64. PCGS #35627. Estimated Value $2,250 - UP
Ex Oscar J. Pearl, Numismatic Gallery 1944 FPL, lot 28 (plated)-Robert S. Carter, Jr.-Thomas D. Reynolds FPL #86, Oct-Nov 1986-W. M. "Jack" Wadlington 6/2005-Bob Grellman & Chris McCawley, McCawley & Grellman Auctions/Goldbergs 2/11/2007:265-Jon A. Boka-Dr. Mark D. Cadden Collection (includes the Wadlington collection notes, the Boka collection envelope, the Bland census notes, and the Goldberg lot ticket).

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Realized
$3,360
Lot 42
1794 S-56 R3 PCGS graded XF40. The so-called "Office Boy Reverse" variety due to the rather haphazard placement of the letters in the reverse legends. Frosty chocolate brown and olive with lighter steel brown toning in protected areas on the reverse. Darker steel toning shows on some of the highpoints on the reverse. No corrosion or verdigris, but there are numerous tiny planchet chips on both sides. The strike was a bit uneven, which is typical for the variety, with relative weakness at the top of the obverse and bottom of the reverse. UNI and the denominator are quite weak while the date and most of the legends are strong. A pair of small chips in the field off the lower lip can help identify this cent. EDS, Breen state I. The repunching at the bottom of the A in STATES is clear and the die clashmarks are light. Our grade is VF25. The attribution is noted on the PCGS label. PCGS population 2; 6 finer: 2 in 45, 2 in 55, 1 in 62, 1 in 64. PCGS #35630. Estimated Value $4,000 - UP
Ex Spinks (New York) 9/1982:248-Del Bland 3/1983-Jack H. Robinson-Wesley A. Rasmussen 4/2000-March Wells, McCawley & Grellman Auctions/Goldbergs 2/1/2009:534-Jon A. Boka-Dr. Mark D. Cadden Collection (includes the Rasmussen, Wells, and Boka collection envelopes and the Goldberg lot ticket).

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Realized
$3,360
Lot 43
1794 S-57 R1 PCGS graded XF45. Glossy reddish steel brown and olive. The surfaces are smooth and the eye appeal is very nice, but there are some tiny contact marks and planchet chips scattered over both sides. The notable marks are a thin nick at the dentils below the 9, a dull nick on the 4, and a minor rim bruise over ER in AMERICA. E-MDS, Breen state II, with a depression at the dentil tips over CA and just a hint of the parallel "trenches" forming in the field before the face. Graded EF40 net VF30 and tied for CC#23 in the Noyes census, his photo #39592. Our grade is EF40+ sharpness net VF35. The attribution is noted on the PCGS label. PCGS population 1; 6 finer: 1 in 50, 1 in 53, 1 in 58, 2 in 62, 1 in 65. PCGS #35633. Estimated Value $4,000 - UP
Source unrecorded-Dr. Mark D. Cadden Collection.

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Realized
$3,600
Lot 44
1794 S-58 R3 PCGS graded AU53. Very attractive glossy medium brown and light olive. A choice cent, smooth and nearly void of marks. The only notable defect is a tiny planchet fissure on the rim over the right side of the Y in LIBERTY (as struck). Sharply struck E-MDS, Breen state II late. A fine die crack meanders from the dentils above the T in UNITED through NIT but does not extend to the adjacent U. Graded VF35 net VF30 and tied for CC#10 in the Noyes census, his photo #25027. Bland says VF30 and tied for CC#10 in his census. Our grade is VF30 Choice. A nice cent that comes with an equally nice provenance. The attribution and Rasmussen provenance are noted on the PCGS label. PCGS population 1; 2 finer: 1 in 58+, 1 in 62. PCGS #35636. Estimated Value $4,500 - UP
Ex Robert L. Moore 11/1958-Dorothy I. Paschal (via Ray Chatham)-R. S. Brown, Jr., Superior 9/30/1986:77-Wesley A. Rasmussen, Heritage Auctions 1/13/2005:3067-Jon A. Boka-Dr. Mark D. Cadden Collection (includes the Paschal, Brown, and Rasmussen collection envelopes and both lot tickets).

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Realized
$9,900
Lot 45
1794 S-59 R3 PCGS graded XF45. Frosty medium olive brown and steel. The obverse is delicately mottled with some lighter brown toning. No spots or stains and only a few trivial contact marks. A small fissure on the rim above the second S in STATES (as struck) is the best identifying mark. EDS, Breen state I. The reverse is uncracked. There are die clashmarks on the obverse but none on the reverse. The top of the obverse is a bit softly struck (as often seen on this variety) but everything else is strong and the eye appeal of this cent is excellent. Graded VF35 net VF30 and tied for CC#10 in the Noyes census, his photo #36880. Our grade is VF30+, close to VF35. Comes with a nice provenance. The attribution and Husak provenance are noted on the PCGS label. PCGS population 3; 5 finer: 1 in 50, 1 in 53, 1 in 62, 1 in 63, 1 in 64. PCGS #35639. Estimated Value $5,500 - UP
Ex Dr. Robert J. Shalowitz-Douglas F. Bird 1997-Robert C. Clark, 2000 ANA Sale, Bowers & Merena 8/2000:244-Stephen Fischer 4/2003-March Wells, McCawley & Grellman Auctions/Goldbergs 2/1/2009:537-Walter J. Husak, Heritage Auctions 9/2011:3007-Dr. Mark D. Cadden Collection (includes the Wells and Husak collection envelopes and Heritage lot ticket).

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Realized
$5,040
Lot 46
1794 S-60 R3 PCGS graded AU53. Very glossy medium chocolate brown and steel. The surfaces are so smooth and glossy that it is possible this cent was lightly waxed long ago. No spots, stains, or verdigris. The only notable mark is a minor rim bruise under the fraction. M-LDS, Breen state IV, with a light die crack from the dentils to the curl left of the date. In addition the reverse is rotated 35 degrees clockwise relative to the normal head-to-foot die orientation. The reverse of this cent is plated in the 1910 Elder-Gilbert reference on the cents of 1794 (which was an update of the earlier 1893 Frossard-Hays reference). "H-23" is neatly written on the edge in yellow ink two times (this is the Maris-23 die variety). Graded VF30 and tied for CC#8 in the Noyes census, his photo #59292. Our grade is VF35. This cent comes with a fabulous provenance that contains many of the brightest luminaries in the pantheon of large cent collectors. The attribution and Boka provenance are noted on the PCGS label. PCGS population 2; 4 finer: 1 in 55, 2 in 62, 1 in 64. PCGS #35642. Estimated Value $9,000 - UP
Ex William W. Hays 1900-Charles Steigerwalt 1906-Charles G. Zug, Lyman H. Low 3/7/1907:35-Thomas L. Elder-Ebenezer Gilbert, Thomas L. Elder #44, 10/12/1910:35-Henry Olson Granberg-William H. Woodin, United States Coin Co. 5/19/1915:120-Howard R. Newcomb, J. C. Morgenthau & Co. #458, 2/7/1945:52-Benson Collection, Goldbergs 2/2001:273-Del Bland (for Larry A. Bland) 6/1/2004-Jon A. Boka, Heritage Auctions 9/8/2016:5345 (via Chris McCawley)-Dr. Mark D. Cadden Collection.

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Realized
$9,000
Lot 47
1794 S-61 R4 PCGS graded AU58+, CAC Approved. Frosty medium chocolate brown and steel. Fine flowline luster covers the protected areas on both sides and this cent has excellent eye appeal. No stains or roughness, only minor contact marks. The notable marks are a fine hairline scratch down the neck and a minor rim bruise between the top of the cap and the L in LIBERTY. M-LDS, Breen state III, with obvious die clashmarks on both sides but no die cracks on the reverse. Both sides of this cent are plated in the 1910 Elder-Gilbert reference on the cents of 1794, in the 1923 Chapman reference, and in the 2005 Provenance Gallery by Boka. Graded AU55 net EF45 and tied for CC#5 honors in the Noyes census, his photo #29981. Bland says EF45 and CC#7. Our grade is EF45. A sharp, very attractive cent that comes with a superb provenance. The attribution and Boka provenance are noted on the PCGS label. PCGS population 1; 1 finer in 62. PCGS #35645. Estimated Value $20,000 - UP
Ex Ebenezer Gilbert, Thomas L. Elder #44, 10/12/1910:36-Henry Olson Granberg-William H. Woodin, United States Coin Co. 5/19/1915:121-Henry C. Miller, United States Coin Co. 12/5/1917:4150-Dr. George P. French, B. Max Mehl 1929 FPL:60-T. James Clarke 1944-Dr. William H. Sheldon-Norman Stack Collection, Auction '88 (Stack's) 7/1988:1013-Denis W. Loring-Roy Rauch-Tom Morley, Superior 5/1992:441-R. S. Brown, Jr., 1/27/1996:87-Walter J. Husak, McCawley & Grellman Auctions/Superior 9/1998:1127-Chris McCawley & Tony Terranova-Chris McCawley 6/13/1999-W. M. "Jack" Wadlington 7/2005-Bob Grellman and Chris McCawley 7/25/2005-Jon A. Boka, Heritage Auctions 9/8/2016:5346-Dr. Mark D. Cadden Collection (includes the Brown and Husak collection envelopes, the Wadlington collection notes, and the Brown and Boka auction lot tickets).

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Realized
$25,200
Lot 48
1794 S-62 R4+ PCGS graded XF45+, CAC Approved. Choice glossy medium brown and light chocolate with a few faint puffs of medium chocolate brown toning in the obverse fields. The surfaces are smooth and this cent has outstanding eye appeal. The only notable mark is a light diagonal nick in the field off the middle curls. The reverse is flawless. LDS, Breen state II, with a large cud break left of the curls. The cud is complete, not retained as seen on some examples of the variety. This is the plate coin for Dr. Sheldon's Early American Cents and Penny Whimsy, and both sides are plated in the 2005 Provenance Gallery of the Cents of 1794 by Jon A. Boka. Graded VF35 net VF30 and tied for CC#4 in the Noyes census, his photo #31982. Bland says VF30 and tied for CC#4 as well. Our grade is VF30+ and Choice, very close to VF35. A beautiful cent with a fabulous provenance. The attribution and Boka provenance are noted on the PCGS label. PCGS population 1; 1 finer in 63. PCGS #35648. Estimated Value $20,000 - UP
Ex Virgil M. Brand-B. G. Johnson (St. Louis Stamp & Coin Co.) 4/26/1943-Oscar J. Pearl, Numismatic Gallery 1944 FPL:76-T. James Clarke-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr. 11/1974-Denis W. Loring 9/1975-Dr. Robert A. Schuman-Dr. Edward R. Bush 11/1977-Myles Z. Gerson-Dr. George E. Ewing, Jr.-Darwin B. Palmer, Jr., 1995 EAC Sale, lot 172-Dr. Thomas Turissini 10/25/2003-Jon A. Boka, Heritage Auctions 9/8/2016:5347-Dr. Mark D. Cadden Collection.

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Unsold
Lot 49
1794 S-63 R2 PCGS graded AU55. Very attractive frosty light chocolate and medium olive brown. No spots or stains, but there are a few microscopic planchet flakes on both sides and a speck of reddish planchet slag at the right foot of the I in AMERICA. The only contact marks are four fine scratches at STATES and a faint scuff of hairlines under UNI. LDS, Breen state II, with obvious die clashmarks on both sides. The repunching on the 7 and 4 in the date remains sharp. Both sides of this cent are plated in the 1923 Chapman reference on the cents of 1794. Graded EF45 net VF35 and tied for CC#17 in the Noyes census, his photo #33287. Bland says EF45 and CC#12. Our grade is EF45+ sharpness net EF40. A very nice example of the "Fallen 4" die variety, so-called because the 9 and 4 are out of proper alignment. The attribution and Boka provenance are noted on the PCGS label. PCGS population 2; 3 finer: 1 in 58, 2 in 62. PCGS #35651. Estimated Value $9,000 - UP
Ex E. W. Ropes, New York Stamp & Coin Co. 2/1899:37-A. C. Gies, Stack's FPL #14, 1/1942:62-Byron F. Johnson, Jr., Bowers & Merena 1/1989:89-Douglas F. Bird-Dr. Thomas Turissini 5/4/2006-Walter J. Husak 5/5/2006-Jon A. Boka, Heritage Auctions 9/8/2016:5348-Chris McCawley-Dr. Mark D. Cadden Collection.

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Realized
$13,200
Lot 50
1794 S-64 R5- No Fraction Bar PCGS graded VF25. Glossy medium olive brown and steel blending to chocolate brown in protected areas. The surfaces are smooth and the eye appeal of this is outstanding for the grade. The only notable mark is a dull diagonal nick in the field below the cap. LDS, Breen state V, with a strong die crack through the D in UNITED into the center of the reverse plus a fine radial die crack from the dentils to the right top of the M in AMERICA. Half of the inside of the D is filled with an internal cud break and the area inside the wreath is badly swollen causing most of ONE CENT to be unreadable. Otherwise the date and legends are strong. Graded F15 net F12 and tied for CC#22 in the Noyes census, his photo #25959. Our grade is F15. A very nice mid-grade example of this popular "Redbook" variety. The attribution and No Fraction Bar feature are noted on the PCGS label. PCGS population 2; 7 finer: 1 in 35, 1 in 40, 1 in 45, 1 in 55, 1 in 58, 1 in 64, 1 in 65. PCGS #35708. Estimated Value $3,000 - UP
Ex Willard C. Blaisdell 9/1976-Del Bland-Denis W. Loring 7/1981-Fred H. Borcherdt 3/1995-March Wells, McCawley & Grellman Auctions/Goldbergs 2/1/2009:543-Dr. Mark D. Cadden Collection (includes the collection envelopes of Loring, Borcherdt, and Wells).

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Realized
$3,600



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