200 / 280
198
Finest 1800 NC-3 Rarity
234
1800 NC-3 R5+. PCGS graded AU-50.
Frosty dark chocolate brown and steel
with frosty lighter steel brown and tan in protected areas on both sides. Only a few
microscopic marks including some faint hairlines on the portrait and a tiny spot of
microscopic roughness at the leaf tip under the O in OF. LDS, Breen state II. The
die crack from the rim at K-8 extends far into the curls with a branch up toward
the lower tip of the hair ribbon. The spike up from the top of the I in AMERICA is
bold. Graded EF45 net VF35 and CC#1 by 10 points in the Noyes census, his photo
#21503. Bland says EF40 and finest by a full 15 points.
Our grade is EF40+ sharp-
ness net VF35+
. The reverse of this cent is plated in
Early American Cents
and
Penny Whimsy
, and both sides are plated in the 1991 Noyes reference on the cents
of 1793-1814. The attribution and Naftzger-Reynolds provenance are noted on the
PCGS label.
Pop 1; none finer at PCGS for the variety. The only example graded
at PCGS
(PCGS # 36227)
Estimated Value ......................................................................................... $10,000-UP
Ex Virgil Brand Hoard (misattributed as S-200)-Henry C. Hines (misattributed as
S-199)-Dr. William H. Sheldon (who correctly identified it as a new variety in 1947,
which makes this piece the discovery coin) 4/19/1972-R. E. Naftzger, Jr., 2/23/1992-
Eric Streiner, 1994 EAC Sale, lot 598-Tony Terranova and Chris McCawley 5/1994
(Naftzger collection envelope included).