1796 1C S-111, BN MS(PCGS#35804)

August 2018 ANA U.S. Coins Auction Philadelphia, PA

拍卖行

Stack's Bowers

批号

1031

等级

AU58+BN

价格

394,066

详细说明

Finest Known 1796 S-111 Draped Bust Cent Ex Lorin G. Parmelee, June 1890 1796 Draped Bust Cent. S-111. Rarity-5-. Reverse of 1794. AU-58+ (PCGS). CAC. Warm medium golden-brown patina blankets both sides of this outstanding Draped Bust cent. The surfaces are overall smooth and hard, showing a trace of light friction but not porosity. Considerable mint "flash" remains in the fields. The strike is razor sharp on both sides, Liberty's hair details full on the obverse and some of the leaves in the reverse wreath showing their inner veins. This outstanding specimen is a good 20 points finer than its nearest competitor in the census of S-111 cents, and it has even been cataloged as Mint State in the past. There is a small mint clip at the base of the reverse and a superficial planchet flaw within the leaves above the letter E in ONE to the border between the letter F in OF and the first A in AMERICA; both are as made and serve as useful identifying features. Obverse die with breaks from the border to the digit 9 in the date, branching into the adjacent 6 and continuing into the bust, with another die crack from the tip of the bust to the border. Reverse die rust pits under the letter E in UNITED. Breen Die State V.EAC grade AU-55 and listed as the finest known for the S-111 dies in both the Noyes (1991) and Breen (2000) large cent references. The second finest known example is an EAC VF-30 (!). A gorgeous coin in all regards, and a significant condition rarity for both the issue and the die pairing, this impressive S-111 cent is sure to see spirited bidding among specialists. Provenance: From the John Whitney Walter Collection. Earlier ex New York Coin and Stamp's sale of the Lorin G. Parmelee Collection, June 1890, lot 732; J.F. Anger; unknown intermediary; Dr. William H. Sheldon; J.C. Morgenthau & Co.'s sale of the Howard R. Newcomb Collection, February 1945, lot 123; Charles M. Williams; Numismatic Gallery's sale of November 1950 (Charles Williams), lot 117; R.E. Naftzger, Jr., February 1992; Eric Streiner; our (Stack's) 65th Anniversary Sale, October 2000, lot 69. Obverse pictured in Early American Centsand Penny Whimsy; the plate coin for the variety in the Noyes large cent reference. PCGS# 1404. Click here for certification details from PCGS.