1795 1D Liberty and Security Bust Right, BN MS (PCGS#764)
Winter 2022 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 2044
- 等级
- AU58BN
- 价格
- 237,294
- 详细说明
- Very Rare 1795 Liberty and Security Penny
1795 Liberty and Security Penny. Musante GW-47, Baker-32, Breen-1258. The Rare Dated Type. Copper. Lettered edge, AN ASYLUM FOR THE OPPRESSED OF ALL NATIONS. AU-58 (PCGS).
32.0 mm. 307.7 grains. Glossy olive brown with slight mottling on the obverse and areas of deeply faded tan blended into the reverse palette. Tiny flecks of original orange red remain in some of the tight recesses among the letters of the legend. Gentle prooflike character remains in the fields on both sides and the eye appeal is superb. One thin old scratch is noted in the upper left reverse and is the only mark that seems worthy of mention. A couple tiny spots in the patina are noted on the obverse, but are of little consequence. Softly defined on the high points as on all seen, these being struck in somewhat low relief.
This is one of the nicest examples we have handled of this rarity, though admittedly, few are ever seen. Our online archive going back to the 2006 Norweb sale contains just five pieces, including the example long believed a plain-edge rarity, and one rough example. The online Heritage archive includes only a single additional piece, a lower grade, corroded example. In all, it is believed that perhaps just a dozen survive, suggesting that the original mintage for this larger format of the dated Liberty and Security was very small.
As far as we are aware, this is probably the second finest in private hands. The only one we have handled that is finer is the Breen plate piece, which we sold in our August 2012 sale. It was graded MS-64 BN by PCGS and realized $51,750, the record price for this issue. Though graded lower, aesthetically this looks virtually identical. Another superb piece is in the collections of the Massachusetts Historical Society and is plated by Musante. That, again, looks virtually identical to this one.
Provenance: From the Sydney F. Martin Collection. Earlier ex the Lawrence R. Stack Collection, November 2006.
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