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Lot
3157

1797 1C Reverse of 1797, Stems VF30 NGC. S-142, B-32, R.5....

2012 September 6-9 US Coins Signature Auction- Long Beach #1174

 
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Auction Ended On: Sep 6, 2012
Item Activity: 10 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
1797 S-142, B-32 Cent, VF30
A Census Level Specimen
1797 1C Reverse of 1797, Stems VF30 NGC. S-142, B-32, R.5. No obverse die rust is noted on this early die state specimen. The surfaces are light olive-brown with splashes of maroon patina. Myriad surface marks include many original planchet marks and other post-strike blemishes. Del Bland grades this piece VG10, in a tie for ninth finest known. Bill Noyes also says VG10, tied for fifth finest of the variety.
Doug Smith bought this cent in 1950 and was unable to upgrade the variety over the next 35 years. He writes on his envelope: "This variety has a very low CC and is prohibitively scarce in the high grades." Our EAC grade VG10.
Ex: Elmer's Stamp and Coin Shop (2/4/1950); C. Douglas Smith; Robert Schuman; Superior (6/2000), lot 167; Chris Victor-McCawley (9/2000).
From The Phillip Clover Collection of U.S. Large Cents. (Variety PCGS# 35957, Base PCGS# 1422)

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