1798 1C First Hair. Fine 12 PCGS. S-147, B-4, Low R.5. ...

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Elusive 1798 S-147 Cent

1798 1C First Hair. Fine 12 PCGS. S-147, B-4, Low R.5. Noyes VG10; tied for CC-7. Photo #59266. Our EAC Grade VG8.

Equivalents. Proskey 8; Doughty 116; McGirk 3D; Clapp 5; EAC 4; Encyclopedia 1716; PCGS #1431.

Variety. Style I Hair. IB close. Final 0 joins right ribbon. The obverse appears on S-146 and S-147. The reverse appears on S-147.

Surfaces. Pleasing reddish-brown surfaces with traces of olive on each side. Both sides have moderate abrasions and microscopic roughness, as usual for lower grade coins. Plain Edge.

Die State I. Apparently an early die state, without reverse die cracks. A faint clash mark is visible at the top of the fraction, and through the right ribbon.

Census. Only three examples of this die marriage are known in grades better than Fine, including one that is in the ANS Collection. Called Rarity-6 in both Early American Cents and Penny Whimsy, S-147 is now considered Low Rarity-5, yet the traditional Condition Census remains little changed in 50 years. Five of the six finest pieces known today were also known when Penny Whimsy was published in 1958.

Commentary. Clapp considered this obverse to be a new die, entirely different from that used for S-146 (Clapp-3 and 4). However, Sheldon and later students recognize that the same obverse die was used for S-146 and S-147. After the late states of S-146 were produced, the obverse die was reworked again, with LIB extremely weak, but with the highest hair wave, the curl point, and the shoulder loop all restored.

Provenance. Long Beach (6/2005).

Personality. The Long Beach Coin, Stamp & Collectible Expo was founded in 1964 and operates one of the world's largest coin conventions, three times a year. Each event, held at the Long Beach Convention Center, is advertised to bring together more than 10,000 dealers and collectors for three full days of business.

Coin Index Numbers: (NGC ID# 2244, Variety PCGS# 36020, Base PCGS# 1431, Greysheet# 79934)

Weight: 13.48 grams

Metal: 100% Copper

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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: 1,056

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Sold on Feb 15, 2008 for: $1,495.00

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