45 / 280
43
Important S-52 Discovery
29
1794 S-47 R4. PCGS graded EF-45.
CAC APPROVED
. Beautiful glossy
olive brown and chocolate with slightly lighter steel brown toning on the
highpoints. Smooth and very attractive. The only marks are a pair of fine
hairline scratches in the field under the cap, a dull pinprick over the 1 in
the date, a diagonal nick hidden just off the profile of the forehead, and a
faint hairline from ST in STATES across to the F in OF. LDS, Breen state
III, with a fine die crack through the tops of NITE in addition to the earlier
cracks on that side. The obverse of this cent is plated in the 1923 Samuel
Chapman reference on the cents of 1794. Graded VF30 Choice and CC#2
behind the CC#1 example in the ANS collection. Bland says VF30 and tied
for CC#2 behind the ANS cent.
Our grade is VF30.
The attribution and
Newcomb-Reynolds provenance are noted on the PCGS Secure label.
Pop
1; 1 finer in AU50 at PCGS for the variety (PCGS # 35606)
Estimated Value........................................................................... $20,000-UP
Ex Henry C. Miller, Thomas L. Elder 4/13/1917:658-Howard R. Newcomb,
J. C. Morgenthau & Co. #458, 2/7/1945:22-Milton A. Holmes, Stack’s
10/5/1960:1376-Dorothy Paschal-Dr. William H. Sheldon 4/19/1972-R. E.
Naftzger, Jr., 2/23/1992-Eric Streiner, 1994 EAC Sale, 4/23/1994:173 (Naf-
tzger collection envelope and EAC lot ticket included).