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96
Finest 1796 NC-1 Rarity
90
1796 NC-1 R6 Draped Bust, Reverse of 1797. PCGS graded EF-45.
CAC AP-
PROVED
. Very attractive glossy medium chocolate brown with darker steel
brown toning on the highpoints. No hint of roughness or verdigris, only a
few trivial contact marks on smooth surfaces. The notable marks are a light
rim bruise over the L in LIBERTY, a tiny pinprick on the bust, and anoth-
er low on the neck. Nicely struck EDS, Breen state I. The obverse die is un-
cracked and there is a strong double profile from the forehead down to the
tip of the nose. Additional less-obvious doubling shows on the legends at the
top of the reverse, all the doubling a result of die bounce. This is the plate
coin for the variety in the 1991 Noyes reference. Graded VF30 net VF20
and CC#1 in the Noyes census (although he graded it VF30 in his 1991 ref-
erence), his photo #21411. Bland says VF25 and finest known in his census
as well.
Our grade is VF25+, close to VF30.
The attribution and Naftzger-
Reynolds provenance are noted on the PCGS Secure label.
Pop 1; none finer
at PCGS for the variety. The only example graded at PCGS (PCGS # 35873)
Estimated Value .................................................................................$15,000-UP
Ex Henry C. Miller, Thomas L. Elder 4/13/1917:739-Henry C. Hines-Dr. William
H. Sheldon 4/19/1972-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner 12/1993 (Naf-
tzger collection envelope included).