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1798 1C First Hair. AU55 PCGS. S-158, B-17, R.4. ...
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Sold on Feb 15, 2008 for:
$11,500.00
Bid Source: Live: Floor bidder
Description
Attractive 1798 S-158 Large Cent
1798 1C First Hair. AU55 PCGS. S-158, B-17, R.4. Noyes VF35; tied for CC-5. Photo #38427. Our EAC Grade XF40.Equivalents. Proskey 18; Doughty 126; McGirk 13A; Clapp 18; EAC 18; Encyclopedia 1725; PCGS #1431.
Variety. Style I Hair. LIB close, Y low. AMERICA widely spaced. The obverse appears on S-158 and S-159. The reverse appears on S-158 and NC-2.
Surfaces. Glossy light brown surfaces with hints of frosty luster, accented by traces of pale blue toning and faded mint red. Essentially a Mint State coin. The surfaces are covered by tiny planchet chips and a low area at the lower left reverse, originating from grease on the die when the piece was minted. A few faint hairline scratches are evident on each side. Although most of the imperfections are mint-made, the net grade is discounted for the quantity of marks, both original and modern. Second Beaded Edge.
Die State IV. The vertical obverse die cracks are nearly invisible and only seen with careful scrutiny.
Census. Bland and Noyes both list the two finest coins as AU50, but opinions differ from there. A number of XF and VF examples are known, including this specimen from the Husak Collection, considered fifth finest with two other similar pieces listed in the Noyes roster.
Commentary. In their catalog, Superior noted that this specimen is a new discovery not previously listed in census reports. Noyes calls it fifth finest known.
Provenance. Long Beach (6/2001); Superior (1/2004), lot 1239, $8,625.
Personality. George Bailey signed a bond of indemnity on August 31, 1799, promising to return to work after the annual yellow fever epidemic was over.
Coin Index Numbers: (NGC ID# 2244, Variety PCGS# 36038, Base PCGS# 1431, Greysheet# 79945)
Weight: 13.48 grams
Metal: 100% Copper
View all of [The Walter J. Husak Collection ]
Auction Info
2008 February Long Beach, CA Signature Coin Auction #460 (go to Auction Home page)
Auction Dates
February, 2008
14th-16th
Thursday-Saturday
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: N/A
Page Views: 710
Buyer's Premium per Lot:
15% of the successful bid per lot.
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