35 / 280
33
18
1794 S-27 R5. PCGS graded EF-40.
Frosty steel brown
and chocolate. The reverse is smooth, essentially choice
with only a few trivial contact marks. The obverse, howev-
er, suffers from numerous very shallow planchet voids, as
struck, on otherwise smooth surfaces. There are a couple
thin voids on the forehead reaching into the field, and
these fissures contain traces of reddish planchet impurity.
The only contact mark is a dull rim nick right of the Y in
LIBERTY. LDS, Breen state IV, with a relatively strong die
crack from the rim to the curls below the cap plus a dull
horizontal wave from the chin to the rim on the right. An
important example of this rare variety in spite of the im-
perfect planchet. Graded VF35 net VF25 and CC#5 in the
Noyes census, his photo #25247. Bland says VF35 and tied
for CC#3.
Our grade is VF35 net VF25
. The attribution
and Reynolds provenance are noted on the PCGS label.
Pop 1; 1 finer in AU50 at PCGS for the variety
(PCGS #
35546)
Estimated Value ............................................... $15,000-UP
Ex Europe-New England Rare Coin Galleries 10/1982-H.
Lee Martens-1987 EAC Sale 3/1987:93-Tony Terranova-
Herman Halpern, Stack’s 3/16/1988:36-Tony Terranova
1/30/1989-Daniel W. Holmes, Jr.-Chris McCawley-Walter
Husak 12/3/2005-Scott Barrett 8/2012-Kenneth Goldman
7/2013.