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99
Finest Available 1796 NC-5
94
1796 NC-5 R7- Draped Bust, Reverse of 1794. PCGS graded VF-20.
Attrac-
tive glossy medium chocolate brown and steel. The surfaces are smooth, void
of any trace of corrosion or verdigris. There are some light contact marks that
can help identify this cent, including a moderate pinprick nick in the field
before the neck. EDS, the usual die state with several strong die cracks on the
obverse. Graded F15 net F12 and CC#2 in the Noyes census, his photo #20608.
Del Bland says F12 and CC#2 in his census.
Our grade is F12 as well
. Only 10
examples are known of this extremely rare variety. The finest is impounded in
the ANS Museum and it is called F15 in both census lists, and the CC#3 coin
grades only G5 or G6 depending on the census list you prefer. This example
looks equal to the ANS cent in a side-by-side photo comparison. Regardless, it
is clearly the finest available to collectors by a significant margin. The attribution
and Naftzger-Reynolds provenance are noted on the PCGS Secure label.
Pop 1;
none finer at PCGS for the variety. Only 2 examples graded at PCGS
(PCGS
# 35810)
Estimated Value ................................................................................... $10,000-UP
Ex Dr. Kenneth J. Sartoris (who found it unattributed on the bourse of the
1950 ANA Convention) 5/1972-Del Bland 5/1972-Denis Loring 7/1972-R. E.
Naftzger, Jr., 2/23/1992-Eric Streiner 6/3/1992-Tom Reynolds, 1994 EAC Sale
4/23/1994:216 (lot ticket and Naftzger collection envelope included).