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Description

1796 NC-5, B-18 Cent, AG3
Fourth Discovered Example

1796 1C Draped Bust, Reverse of 1794 AG3 NGC. NC-5, B-18, Low R.7. Our EAC Grade Fair 2. Breen Die State I, and the only die state he recorded for this extremely rare variety. Although a few faint hairlines are noted on the obverse, the medium brown surfaces are remarkably smooth and attractive for the grade. There are only 10 known examples of the 1796 NC-5 cent, and the Mervis Collection has two of them. This example is graded AG3 and tied for sixth finest of seven examples recorded by Del Bland. It is graded Fair 2 and eighth finest of nine examples listed by Bill Noyes. Grellman wrote that there were eight known in the Holmes catalog. See the next lot for the 10th known example. When Chuck Furjanic cherrypicked this example in 1971, it became the fourth known.
Ex: Chuck Furjanic (1971); Denis W. Loring (1974); Dr. Robert J. Shalowitz; John W. Adams (8/1980); Dr. C.R. Chambers; Dennis Mendelson (7/15/1991); Robinson S. Brown, Jr. (Superior, 1/1996), lot 154; John Whitney Walter (Stack's, 5/1999), lot 1747.
From The Adam Mervis Large Cent Collection.(Registry values: P1) (NGC ID# 223W, PCGS# 1404)

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Auction Info

Auction Dates
January, 2014
10th
Internet/Mail/Phone Bidders: 8
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Rasmussen Special Edition Catalog
This hard bound volume contains the magnificent Wes Rasmussen Large Cent Collection, formed by a former President of the Early American Coppers society which was auctioned at the 2005 Florida United Numismatic Auction. Reserve your copy of this remarkable volume for just $75 today.
Rasmussen Signed Limited Edition Catalog
A hard bound limited library edition of the Wes Rasmussen Collection Catalog, signed by Wes Rasmussen, Mark Borckardt, Greg Rohan, and Denis Loring, is available while supplies last. Only 100 produced. Reserve your copy of this remarkable limited edition signed volume for just $150 today.

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