200
Unique Late State 1800/798 NC-5
236
1800/798 NC-5 R7+ Overdate 800 over 798 PCGS Genuine, VF Details, En-
vironmental Damage.
Rather glossy dark olive brown and steel. The planchet
is covered with fine roughness and there are a few specks of reddish verdigris
on the reverse. The obverse also shows numerous contact marks, the notable
ones being a collection of dull nicks on the throat and a strong horizontal
nick on the bust tip. Looks nicer than it might sound. LDS (die state unlisted
in Breen) with a strong sunken retained cud break at UN in addition to the
usual raised retained cud break at F-AMER. Only 4 examples are known of
the variety. All 4 have the cud at F-AMER but this is the only example known
with the additional break at UN. Obviously this reverse die failed spectacular-
ly almost immediately after being placed into service. Graded VF30 net VG8
and CC#2 of the 4 known pieces in the Noyes census. Bland says VF25 net
VG10 and tied for CC#1.
Our grade is VF25 net VG10
. The attribution and
Reynolds provenance are noted on the PCGS Secure label
(PCGS # 36149)
Estimated Value................................................................................ $15,000-UP
Ex W. S. “Sherwood” Henderson-1996 EAC Sale 5/4/1996:154 (lot ticket in-
cluded).