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174

203

1798 S-186 R2 Style II Hair, Small 8 PCGS Genuine, F De-

tails, Environmental Damage.

Dark grayish steel with just a

hint of gloss, mostly on the reverse. The planchet is covered

with uniform fine granularity but there is no verdigris and

essentially no marks. What makes this cent special is the die

state. LDS but not quite the latest, Breen IX, with a raised

retained cud at NITED that obliterates most if IT and a piece

of the N in UNITED. The die crack that extends under the

base of the adjacent E and up through the D is strong but the

bottom of the D is not filled (compare to the following lot).

The earlier crack arcing through ME to the denominator is

bold and the area around the denominator is failing badly. A

piece for the die state specialist.

Our grade is VG10 sharp-

ness net VG7

. The attribution and Reynolds provenance are

noted on the PCGS Secure label

(PCGS # 36125)

Estimated Value ......................................................... $400-UP

Ex an unrecorded source at the Michigan State Numismatic

Society show 11/2000.

204

1798 S-186 R2 Style II Hair, Small 8. PCGS graded Fine-12.

The obverse is

glossy light to medium chocolate brown with a dozen small puffs of darker ol-

ive brown scattered about. The reverse is a slightly glossy medium steel brown

and chocolate with reddish chocolate brown toning in the protected areas. The

obverse is reasonably smooth but does have some hairline scratches, mostly

in the field left of the lower curls. The reverse has very fine roughness in the

fields and protected areas while the devices are mostly smooth. Not a perfect

cent to be sure, but the die state is quite special. VLDS, Breen state IX late.

The retained cud at NITED is larger and raised a bit more than on the preced-

ing lot. The cud now extends to over the left top of the N (it stops at the right

side of the N on the previous lot) and the crack under ED is much stronger.

In addition the bottom of that D is now filled. A great die state. Graded VG10

net VG7 and CC#1 of the LDS in the Noyes census, his photo #27085. Bland

grades it F12 sharpness net VG8.

Our grade is F12 net VG8+

. The attribution

and Reynolds provenance are noted on the PCGS Secure label.

Pop 1; 5 finer

at PCGS for the variety, 1 in VF25, 1 in VF30, 1 in VF35, 1 in AU58, and 1

in MS64

(PCGS # 36125)

Estimated Value .......................................................................................$400-UP

Ex Dennis Mendelson, Superior 2/3/1991:718 (lot ticket included).