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Lot
3140

1797 1C Reverse of 1795, Plain Edge AG3 NGC. Good 5 EAC....

2005 Ft. Lauderdale FL. (FUN) Signature Sale #360

 
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Auction Ended On: Jan 13, 2005
Item Activity: 7 Internet/mail/phone bidders
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Location: Fort Lauderdale, FL
Description:
Census Level 1797 S-121a Cent Rarity
1797 1C Reverse of 1795, Plain Edge AG3 NGC. Good 5 EAC. S-121a, Die State IV, R.6. The 1990 EAC Convention sale had two different examples of this subvariety, the other in lower grade. Fewer than 20 are known in all grades with the finest just VG10. This subvariety was once controversial; however, today it is absolutely legitimate and important. Several prominent copper specialists of the 1940s, including Clapp, Newcomb, Hines, and others, felt that the few known examples failed to provide evidence of a true sub-variety. Sheldon even felt that some of those coins had their edges turned down on a lathe, or that others were mint errors, much like the 1794 cents without edge lettering. Today, we have the evidence to label these a true sub-variety. These are called by some "Beaded Edge" coins and show raised pellets, some nearly round and others elongated, on the edge. This provides evidence that they were neither turned down on a lathe nor that they are mint errors. This example is far above average for the grade with splendid surfaces and lovely light brown color. The obverse has all major details visible while the reverse has considerable peripheral weakness.
Ex: Purchased unattributed by Jan Edeburn in September 1989 at Montgomery, Alabama; 1990 Early American Coppers Sale, lot 40.(#1419)(Registry values: P1) (NGC ID# 223Z, PCGS# 1419)

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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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