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1796 1C Liberty Cap AU58 PCGS....

2010 January Orlando, FL FUN US Coin Auction #1136

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Auction Ended On: Jan 7, 2010
Item Activity: 8 Internet/mail/phone bidders
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Location: Orlando, FL
The Naftzger Duplicate 1796 S-84 Cent, AU58
Fifth Finest Known
1796 1C Liberty Cap AU58 PCGS. S-84, B-5, R.3. Bill Noyes tells us in his photo book of 1795 to 1797 cents that there are four Mint State S-84 cents in the Condition Census. He places the present piece, which he grades AU55, in fifth place. Del Bland also grades the coin AU55 and places it in eighth position. Although each side has a few marks, the overall appearance of this light olive cent is outstanding, with glossy surfaces are excellent design definition.
When R.E. Naftzger, Jr., purchased the Sheldon Collection in 1972, he already owned the Gem Beckwith specimen and the current example. Sheldon had the other Gem specimen that is now listed in the Noyes Census, so the present piece became the third line coin that was sold when New Netherlands auctioned the Naftzger duplicates in November 1973. MRB AU55.
Ex: Robert Coulton Davis (New York Coin & Stamp Co., 1/1890), lot 2530; Harlan P. Smith; Virgil M. Brand; Hillyer Ryder (5/1945); Wayte Raymond; New Netherlands Coin Co. (9/1953), lot 247; C. Douglas Smith; A. Kosoff; R.E. Naftzger, Jr.; Abner Kreisberg (9/1967), lot 381; Quality Sales Corp. (6/1968), lot 65; R.E. Naftzger, Jr. (New Netherlands Coin Co., 11/1973), lot 403; Charles E. Harrison; to the present consigner.(Registry values: N4719) (NGC ID# 223V, PCGS# 1392)

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