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Lot
19440

1799/8 1C NC-1, B-1, R.7--Damaged--NCS. Good Details. Fair 2 EAC. Even though the obverse has heavy dents, scrapes, and rim...

2006 January Dallas, TX The Jules Reiver Collection Signature Auction #390

 
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Auction Ended On: Jan 24, 2006
Item Activity: 8 Internet/mail/phone bidders
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Location: Dallas, TX
Description:
Well-Traveled 1799/8 NC-1 Cent Rarity
1799/8 1C NC-1, B-1, R.7--Damaged--NCS. Good Details. Fair 2 EAC. Even though the obverse has heavy dents, scrapes, and rim bruises, the lovely medium brown color helps to diminish the appearance of the damage. One of the rim bruises is located directly below the date, obliterating the bottoms of 179, the final digit and the overdate are fully visible and complete. Several attribution points are clearly visible on the reverse. The lowest inside berry is on a short stem, the bottom of C in CENT is blunt and squared, and the pair of leaves above E in ONE has a stem.
Although this variety has been known for nearly 60 years, having been discovered by Dr. Sheldon in the Frederic Geiss Collection (B. Max Mehl, 2/1947), only eight examples have been located to date. Years of discovery for the eight known examples were 1947 (still the finest known), 1958, 1972 (this example), 1977, 1992, 1995, 1997, 1999. This data tells us two things: first, the opportunity to cherrypick an example is highly unlikely, and second, many more people are searching for this variety now than ever before, with half of the known population discovered in the last 14 years. If you have been unsuccessfully searching for an unattributed example for your collection, you may wish to consider this coin from the Reiver Collection. It was the third example to be discovered and has a respectable pedigree of characters.
Ex: Lawrence A. Nilson (1/7/1972); Robinson S. Brown, Jr.; Denis W. Loring (5/1974); Dr. Robert J. Shalowitz; John W. Adams; Kagin's (1/1975), lot 479; John W. Adams (6/11/1976); Philip Van Cleave (Kagin's, 2/1/1986), lot 5205. Envelope Included.(Registry values: P6) (NGC ID# 2247, PCGS# 1446)

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