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1793 S-11b R4 Wreath Cent, Lettered Edge. PCGS graded MS-62 Brown.
CAC APPROVED
. Variety
with a Lettered Edge and two leaves following DOLLAR. Attractive frosty medium steel brown and light
chocolate with slightly darker steel brown toning in the highpoints and lustrous lighter steel brown ton-
ing in protected areas. A great cent with just a touch of friction on the highest points of the devices and no
significant marks or other defects. The best identifying marks are a small spot of darker toning (not carbon)
over the right edge of the B in LIBERTY and a half dozen microscopic planchet chips on the cheek. M-LDS,
Breen state III, with strong die clashmarks on the obverse and lighter ones on the reverse. Both dies remain
uncracked. This cent is plated in the 1991 Noyes reference to illustrate the variety. Graded AU55 net AU50
(reason for any deduction is a mystery) and CC#1, his photo #20002. Bland says AU50 and CC#1. Ted
Naftzger graded this cent MS60.
Our grade is AU50+ choice, close to AU55.
The attribution and Naftzger-
Reynolds provenance are noted on the PCGS Secure label.
Pop 1; none finer at PCGS for the variety
(PCGS # 35474)
Estimated Value ............................................................................................................................$50,000-UP
Ex Dr. Hall-Colonel James W. Ellsworth 3/1923-Wayte Raymond-Virgil M. Brand-David Proskey-Henry C.
Hines-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner-Dr. Robert J. Shalowitz
7/10/1992-Dennis Mendelson 10/1992 (includes the Naftzger collection envelope).