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1794 S-40 R5 NGC graded AU58 Brown

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:NA
1794 S-40 R5  NGC graded AU58 Brown
SOLD
30,000.00USD+ buyer's premium (6,000.00)
This item SOLD at 2022 Sep 03 @ 20:09UTC-5 : EST/CDT
Very attractive glossy medium brown with darker steel brown toning on the highpoints. Satiny mint frost shows in the fields and protected areas, particularly on the reverse, and this cent has outstanding eye appeal. Just a few minor marks, the notable ones being a narrow diagonal planchet crease on the left edge of the nostril skipping down to the throat, a thin horizontal nick left of the lower lip, and a small rim nick at the D in UNITED. LDS, Breen state V late, with all the die cracks described by Breen. Graded AU50 and tied for CC#3 honors with the ANS example in the Bland and Noyes census lists, Noyes photo #31884. This cent is plated in the 1893 Frossard-Hays reference on the cents of 1794, the obverse is plated in Early American Cents and Penny Whimsy, and both sides are plated in the 2000 Breen encyclopedia to illustrate die state IV (although this is state V). "H-30" was added to the edge in two places using white ink. An impressive example of this rare die variety, and it comes with a superb provenance that has been traced back well over 100 years.

Ex William Wallace Hays 1900-Charles Steigerwalt 1906-Charles G. Zug, Lyman H. Low 3/7/1907:42-C. H. Stearns (who returned it to Low)-Virgil M. Brand-Carl Wurtzbach-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/14/1973:360 (plated)-John W. Adams, Bowers & Ruddy 1982 FPL, lot 31-Bowers & Ruddy FPL #46, 12/1982 ($8000)-Dr. George E. Ewing, Jr. (via Darwin B. Palmer, Jr.) 1/3/1994-Daniel W. Holmes, Jr.-Chris McCawley 4/2/2008-Larry A. Bland Collection (includes the collection envelopes from Naftzger, Adams, and Holmes plus the lot tickets from the Naftzger and Adams sales)