Lot 322
1799 Draped Bust Cent. Sheldon-189, High Rarity-2. . S-189. Del Bland graded Fine-15. Lovely, semi-glossy dark steel surfaces from a protective coat of wax. The obverse is well centered with the date sharp and the upper portion of LIBE weakly struck as is the lower left reverse which is somewhat off-center and displays some minor handling marks, the worst being a nick across the leaves below C of CENT. This is a classic rarity and very desirable for a 1799 cent. The obverse is plated in the 1879 Frossard Monograph.
For the date, this coin presents an exceptional opportunity. The obverse surfaces are very appealing, and the only identifying mark is a small rim tick above the left serif of the Y in LIBERTY. The date and Liberty are well struck, showing strong hair definition. On the reverse there is a tiny rim mark over the D of UNITED and the lower portions of reverse devices are weak, mostly due to the slightly off-center strike. One of the highlights of this extensive collection, and one of the most sought-after dates in the entire series. The mintage is unknown, having been lumped together with coins dated 1798, but obviously only a few were produced, normally on inferior planchets.
Estimated Value $10,000-UP.
Ex: John F. McCoy; W. Elliot Woodward; W. Elliot Woodward 5/1864: 670 at $27; Henry L. Jewett; Edward Cogan 1/1876:2098 at $14; George W. Merritt; Ed Frossard 1/1879:131 at $30; Ed Frossard; Ed Frossard 4/1880:391 at $24; H. Rogers; S. K. Harzfeld 1/1881:218 at $25.10; H. G. Sampson; unknown; Howard R. Newcomb; J. C. Morgenthau & Co. #458 2/45:273 at $80.; James Kelly.
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| Realized $9,775 |
