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1796 S-88 R4 Liberty Cap MS61 Brown PCGS. ...
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Sold on Jan 4, 2024 for:
$38,400.00
Bid Source: Live: Floor bidder
Description
1796 LIBERTY CAP CENT, MS61 BROWN
FINEST 1796 S-88
EX PROSKEY-HINES-DOWNING
1796 S-88 R4 Liberty Cap MS61 Brown PCGS. Frosty olive brown
and steel. Satiny mint luster covers the fields and this cent has
great eye appeal. The only defects (other than the usual
microscopic planchet flakes) are a tick on the neck and a planchet
chip in the dentils above the E in STATES (as struck). There are
some tiny chips at EN in CENT but those letters are clear and
everything else is bold. EDS, Breen state I, before any die cracks.
An impressive cent, very close to mint state. Graded AU55 and
finest known by a very wide margin in the Noyes census, his photo
#20651. Bland says AU50 and CC#1 by 15 points. This cataloger's EAC
grade is AU55. The obverse is plated in Dr. Sheldon's Early
American Cents and Penny Whimsy, and both sides are
plated in the 1991 Noyes reference. A piece for the finest
collection. Comes with a very nice provenance. The attribution is
noted on the PCGS Gold Shield label. PCGS population 1; none finer.
35771.61/40246170.Ex David Proskey-Henry C. Hines-Lillian Scheer 1948-Homer K. Downing-1952 ANA Sale (New Netherlands Coin Co.) 8/16/1952:1724-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr. 2/23/1992-Eric Streiner 5/1992-John Whitney Walter, Stack's 5/4/1999:1717-Eugene H. Gardner, Heritage Auctions 10/27/2014:98026-Walter J. Husak Collection.
David Proskey was born in Wappingers Falls, New York, on December 12, 1853, and died in North Caldwell, New Jersey, on August 16, 1928. After conducting a brief run of auctions, he joined Harlan Page Smith in the New York Coin and Stamp Company, handling many important collections including the Parmelee Collection in 1890. He also compiled a series of articles about large cents that were published in the Coin Collector's Journal. Lapp and Silberman note: "He was tall, straight, and wore a heavy beard. He was possibly the best informed man on the east coast in coins and in antiques in general; he was also an authority on postage stamps." John W. Adams described his abilities: "His numismatic knowledge was so broad, ranging from prehistoric to modern times and from South America to the Baltic Sea, that he was a frequent consultant to other dealers."
From The Collections of Walter J. Husak and The Liberty Cap Foundation.
Coin Index Numbers: (NGC ID# 223V, Variety PCGS# 35771, Base PCGS# 1392, Greysheet# 77504)
Weight: 13.48 grams
Metal: 100% Copper
Auction Info
2024 January 4 The Collection of Walter J. Husak and the Liberty Cap Foundation US Coins Signature® Auction - Orlando FUN #1370 (go to Auction Home page)
Auction Dates
January, 2024
4th
Thursday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 555
Buyer's Premium per Lot:
20% of the successful bid per lot.
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