1795 1C Lettered Edge. AU50 PCGS. S-76a, B-4a, R.5....
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|Auction Ended On:||Feb 15, 2008|
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Equivalents. Proskey 1; Doughty 66; McGirk 1A; Clapp-Newcomb 4; EAC 4; Encyclopedia 1673; PCGS #1377.
Variety. Tip of the 5 pierces the bust. ONE CENT high inside the wreath. The obverse appears on S-76a, S-76b, S-77, and NC-3. The reverse appears on S-76a, S-76b, and NC-2. Lettered Edge.
Surfaces. Light tan and mahogany colors suggest an old cleaning, although the overall appearance is still fine. A few rim bruises are visible, primarily on the reverse. Usual light abrasions and handling marks are evident on each side.
Die State II. Both sides have light clash marks, but no other cracks or bulges.
Appearances. The obverse and reverse are illustrated in Noyes (2007).
Census. The two finest known pieces are a Mint State example and an XF45, according to Bland. After these are a few VFs and several that grade Fine.
Commentary. The thick planchet version of Sheldon-76 is substantially rarer than the thin planchet version of the same die combination. All thick planchet versions are supposed to have a lettered edge, and all thin planchets are supposed to have a plain edge. However, there are several thick planchet, plain edge coins known, and fewer thin planchet, lettered edge pieces known.
Provenance. H.E. Jones (Edinburgh, Scotland); Scott & Co. (10/1878), lot 212, $100; W.W. Thurston; S.K. Harzfeld (9/1880), lot 108, $35; Ed. Frossard; John E. Burton; W. Elliot Woodward (10/1881), lot 140, $30; W. Elliot Woodward (7/1882), lot 336, $45; later, S.H. Chapman (6/1913), lot 469, $16; Charles E. Clapp, Sr. (8/1924); George H. Clapp; Carnegie Institute; Ray Byrne; George W. Rodgers; John W. Adams (1972); Robinson S. Brown, Jr. (Superior, 9/1986), lot 100, $3,300; Douglas F. Bird; Michael Kramer; Bowers and Merena (9/1994), lot 1128, $2,860; Anthony Terranova (12/1995).
Personality. The long-established Carnegie Institute operates four museums and a library in Pittsburgh, Pennsylvania. George H. Clapp donated his duplicate large cents to the Institute; one of the Institute's museums, the Museum of Natural History, created a special presentation of the Clapp pieces and other numismatic selections to coincide with the 1989 ANA World's Fair of Money. (Variety PCGS# 35720, Base PCGS# 1377)
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