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1795 1C Lettered Edge MS65 Red and Brown NGC. S-75, B-3, R.3....

2012 October 18-21 ANA US Coins Signature Auction - Dallas #1175

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Auction Ended On: Oct 18, 2012
Item Activity: 13 Internet/mail/phone bidders
1,327 page views
Location: Dallas Convention Center
650 S. Griffin Street
Dallas, TX 75202


1795 S-75, B-3 Cent,
Lovely 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. Our EAC grade MS60(Registry values: N7079) (PCGS# 1378)

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