LOT #2475 |
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1794 1C Head of 1794 -- Damaged -- NGC Details. VG. NC-5, B-34, R.8. Our EAC Grade AG3. ...
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Sold on Jan 10, 2014 for:
$28,200.00
Bid Source: Live: Floor bidder
Description
1794 NC-5, B-34 Cent, VG Details
The Discovery Coin
The Finer of Two Known
1794 1C Head of 1794 -- Damaged -- NGC Details. VG. NC-5, B-34,
R.8. Our EAC Grade AG3. Ex: Mervis Collection. Breen Die State
I, the only die state recorded for the two known 1794 NC-5 cents.
Del Bland writes: "Sharpness of VG-8 but nicks, bent and hammered."
The surfaces are still attractive for the grade and description,
with deep steel-brown fields and rich reddish chocolate-brown
devices. Some areas of the design are flattened from the hammering
process used to straighten this coin. A few small rim bruises are
evident, and several moderate to heavy surface marks are noted,
especially on the reverse.John Pawling discovered this variety in 1951, and consigned it to New Netherlands a year later. The exact time of discovery of the second example is uncertain. Del Bland's census, grading the coin Fair 2, notes that W. Nyles Spurlock purchased the coin in the mid-1950s, and sold it to Denis Loring in 1987. It is unknown if Spurlock recognized the variety before selling the coin, or if Loring identified the variety either before or after his purchase, or if someone else made the discovery on behalf of Spurlock.
Ex: John Pawling; New Netherlands Coin Co. (11/1952), lot 413; Dorothy I. Paschal; Dr. William H. Sheldon (4/19/1972); R.E. Naftzger, Jr. (2/23/1992); Eric Streiner (3/20/1992); Robinson S. Brown, Jr. (Superior, 1/1996), lot 63; J.R. Frankenfield (Superior, 2/2001), lot 243; W.M. Wadlington (6/30/2005); Dan Holmes (Goldberg Coins, 9/2009), lot 72; Daniel W. Trollan (6/12/2012); Greg Hannigan.
From The Adam Mervis Large Cent Collection.
Auction Info
2014 January 10 The Adam Mervis Large Cent Collection FUN Signature Auction - Orlando #1200 (go to Auction Home page)
Auction Dates
January, 2014
10th
Friday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 1,587
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
Rasmussen Special Edition Catalog
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Rasmussen Signed Limited Edition Catalog
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