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1795 1C Lettered Edge MS65 Red and Brown NGC....
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Sold on Jan 7, 2010 for:
$40,250.00
Bid Source: Internet bidder
Description
Lovely 1795 S-75 Lettered Edge Cent
MS65 Red and Brown
1795 1C Lettered Edge MS65 Red and Brown NGC. S-75, B-3,
R.3. Die State V, with minor buckling of the obverse date near the
border from 6 o'clock to 8 o'clock. The combination of a lettered
edge with a double leaf at the top of the right branch on the
reverse identifies this plentiful variety. It is the only readily
available 1795 Lettered Edge cent in Mint State grades, with more
than a dozen known. Bland records 18 Mint State examples and Noyes
records 14 Mint state pieces. There are just four Mint State S-74
cents and one S-76a.Breen stated that this variety is often found on defective planchets, writing that "even Mint State survivors show granularity or minute pit marks." This piece shows some minor pitting on the reverse in the area of STATES, and just opposite the obverse die buckling. What we see here, and what Breen was describing, are original planchet marks that remained due to weak striking pressure at that area. The balance of the coin is smooth and satiny, with excellent luster, faded from original red to light tan with a few splashes of darker brown and traces of iridescence.
We are unable to match this piece to any of those currently recorded in the various Condition Census lists compiled by Bill Noyes or Del Bland. It is possibly one of those that has not been seen in recent times, with no available photograph, or perhaps a new specimen previously unknown to the copper community. MRB MS60.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 223S, PCGS# 1378, GSID# 730)
Metal: 100% Copper
Weight: 13.48 grams
Weight: 0.47549oz
Mintage: 37,000
Auction Info
2010 January Orlando, FL FUN US Coin Auction #1136 (go to Auction Home page)
Auction Dates
January, 2010
6th-10th
Wednesday-Sunday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 2,007
Buyer's Premium per Lot:
15% of the successful bid per lot.
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