95 / 280
93
High Condition Census S-113
86
1796 S-113 R5 Draped Bust, Reverse of 1797. PCGS graded EF-
40.
Reverse of 1797. Glossy steel and light olive brown with a spot
of darker olive brown toning in the field touching the hair under LI
in LIBERTY. Smooth surfaces affected by only a few minor contact
marks. These include a dull, light rim nick opposite the throat, a
slightly stronger one left of the first S in STATES, and light rim bruises
at ES and F. M-LDS, Breen state IV, with a strong die crack through the
lowest curl and 17 with a lighter extension meandering up through the
96. Called EF40 net VF30 and CC#2 behind only the ANS example in
the Noyes census, his photo #24268. Bland says VF30 and CC#3.
Our
grade is VF30 as well
. Comes with a great provenance. The attribu-
tion and Holmes-Reynolds provenance are noted on the PCGS Secure
label.
Pop 1; none finer at PCGS for the variety
(PCGS # 35855)
Estimated Value ..................................................................... $12,000-UP
Ex Henry C. Hines-Dr. William H. Sheldon-Dorothy Paschal-Dr. Calvin
Ennis-Jerry Cohen-Jack Beymer 4/15/1989-Dr. Phil Ralls 1998-Robert C.
Clark, Bowers & Merena 8/9/2000:263-Jack Wadlington (via Bob Grell-
man & Chris McCawley) 6/30/2005-Daniel W. Holmes, Jr., McCawley
& Grellman Auctions/Goldbergs 9/6/2009:190-Adam Mervis, Heritage
1/10/2014:2582 (Bowers & Holmes lot tickets included).