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Lot
3017

1799 1C VF20 PCGS....

2008 February Long Beach, CA Signature Coin Auction #460

 
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Auction Ended On: Feb 16, 2008
Item Activity: 9 Internet/mail/phone bidders
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Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Lot Viewing:
Room 103B,C (Tuesday Only)
Booth 400 (Wednesday - Saturday)

Auction Room:
Room 103 B,C

Description:
Rare and Important 1799 Cent, S-189, VF20
1799 1C VF20 PCGS. S-189, High R.2. Die State IV. This later die state shows the date strong and LIBERTY weak. This difference in definition was caused by axial misalignment, but most examples show a weak date and strong LIBERTY. On the reverse, the die chip or "mintmark," as it was called for generations, is prominent in the field between (N)E and (N)T.
The 1799 is one of the rarest and most famous of all dates in the large cent series. Only three die pairings are known, one of which is an NC (Non-Collectible). This is a darker example with light porosity, likely struck from Boulton planchet stock. The misalignment extends to other areas than those mentioned, with softness noted also on the top of Liberty's hair and denomination. Conversely, the lower portions of the obverse and the upper parts of the reverse are remarkably strong for the grade. A shallow scratch is located on each side, which helps identify this particular coin: on the obverse extending inward from the rim at 4 o'clock, and on the lower reverse across the left stem and ribbon. EAC 12. (Variety PCGS# 36140, Base PCGS# 1443)

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