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Lot
156

1797 1C Reverse of 1797, Stems, S-123, B-12, R.4 MS64 Brown PCGS....

2008 September Long Beach, CA US Coin Signature Auction #1116

 
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Auction Ended On: Sep 17, 2008
Item Activity: 6 Internet/mail/phone bidders Number of Bidders
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Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Lot Viewing:
Room 104A

Auction Room:
Room 103B

Description:
Lovely 1797 S-123 Nichols Find Cent, MS64 Brown
1797 1C Reverse of 1797, Stems, S-123, B-12, R.4 MS64 Brown PCGS. The die chip just below Liberty's eye identified this Nichols Find variety that is usually found in or near Mint State grades. Considered R.4, meaning between 80 and 200 examples survive, well over half of the known examples grade AU or better. In fact, the variety would probably be a solid R.5 or perhaps even R.6 if that hoard never existed.
Like nearly all coins from the Nichols Find, the surfaces are pleasing medium brown with smooth, slightly reflective fields. Most of the few marks in the right obverse field and elsewhere actually remain from the original planchet before the coin was struck. This is an outstanding example that provides date and type collectors an excellent opportunity to acquire a high grade Draped Bust cent. EAC 60.(Registry values: N4719) (NGC ID# 2242, PCGS# 1422)

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Auction 1204, Lot 5511 Thursday, April 24, 2014 MS64 PCGS $11,000.00
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