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Description

Important 1798 S-156 Reverse of 1795 Cent Rarity

1798 1C First Hair, Reverse of 1795. VG10 PCGS. S-156, B-10, High R.5. Noyes VG7; tied for CC-9. Photo #26582. Our EAC Grade VG8.

Equivalents. McGirk 1B; Clapp 14; EAC 10; Encyclopedia 1721; PCGS #1428.

Variety. Style I Hair. Close date, 98 distant. Reverse of 1795, triplet at AM. The obverse appears on S-156. The reverse appears on 1796 S-82, S-83, S-84, and 1798 S-156.

Surfaces. Struck on a light chocolate planchet that shows full obverse dentilation. The reverse devices are weak at NT, the right lower wreath, and ICA, the latter area showing a small dig under a glass. Further perusal shows an obverse rim bump beneath the date and a couple of light obverse planchet pits, as made. Plain Edge.

Die State II. Possibly State III. The obverse is cracked through the drapery. The reverse is cracked through OF AMERICA at the top of those letters.

Census. The six finest examples of S-156 grade from VF30 down to Fine 12. Fortunately for collectors, all of the top pieces, including this coin, are considered Average or Choice quality, according to Noyes.

Commentary. Sheldon-155 and S-156 are the first of several varieties that Sheldon called Group 4. This particular variety group includes all varieties through S-165. Since S-155 and S-156 are from a Reverse of 1795 die, they should be considered a separate die grouping. Called High Rarity-5 today, Sheldon considered S-156 a Rarity-7 variety. In Penny Whimsy, Sheldon noted that just 11 examples were known, including three in the ANS Collection.

Provenance. George Ramont (2/1976); Jules Reiver (Heritage, 1/2006), lot 19375.

Personality. EAC charter member number 35, George Ramont christened the final portrait used on large cents the "Mature Head." A scholarly collector who was closely associated with Jules Reiver, Ramont was noted by Bill Noyes in the July 15, 2001, edition of Penny-Wise as someone who assembled a noteworthy large cent collection despite comparatively modest means.

Coin Index Numbers: (NGC ID# 2244, Variety PCGS# 36005, Base PCGS# 1428, Greysheet# 79943)

Weight: 13.48 grams

Metal: 100% Copper


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Auction Info

Auction Dates
February, 2008
14th-16th Thursday-Saturday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 828

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15% of the successful bid per lot.

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Sold on Feb 15, 2008 for: Not Sold
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