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1796 1C Liberty Cap. MS64 Brown PCGS. S-84, B-5, R.3....
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Sold on Feb 15, 2008 for:
$115,000.00
Bid Source: Live: Floor bidder
Description
Impressive 1796 S-84 Liberty Cap Cent
1796 1C Liberty Cap. MS64 Brown PCGS. S-84, B-5, R.3. Bland AU55; tied for CC-8. Noyes AU55; tied for CC-6. Photo #21185. Our EAC Grade AU55.Equivalents. Proskey 3; Doughty 74; Gilbert D; McGirk 2B; Ross 2B; Clapp-Newcomb D; EAC 5; Encyclopedia 1681; PCGS #1392.
Variety. Date slants down to right, 6 far from bust. Leaf touches left base of F. The obverse appears on S-84, S-85, S-86, and S-87. The reverse appears on S-82, S-83, and S-84. Plain Edge.
Surfaces. Wonderful light brown surfaces have frosty luster and traces of darker brown on the highpoints. Hints of faded red can still be detected on the obverse and the reverse. Both sides are wonderfully preserved with few marks of any kind, other than the usual planchet chatter from the original copper stock.
Die State III. The obverse has a faint bulge at the 6. The reverse is lightly cracked from the border over the final S to the tops of O and F. Die resurfacing is evident by the narrow border dentils on the reverse.
Appearances. The obverse and reverse are illustrated in Noyes (2007).
Census. About half a dozen Mint State examples are known, followed by a similar number of choice AU pieces, as recorded by Bland and Noyes.
Commentary. S-84 is the ideal variety for the date or type collector who desires an attractive 1796 Liberty Cap cent without the competition from advanced cent specialists.
Provenance. Francis H. Lee (circa 1913); Essex Institute; Stack's (2/1975), lot 136, $2,000; Stack's; Herman Halpern (Stack's, 3/1988), lot 116, $7,150; Anthony Terranova (3/1988); R.E. Naftzger, Jr. (Early American Coppers, 4/1989), lot 57, $7,500; Robinson S. Brown, Jr. (Superior, 1/1996), lot 119, $15,400; Douglas F. Bird; Dennis Mendelson; Thomas D. Reynolds (1/1997).
Personality. The Essex Institute, which divested most of its numismatic collection in a February 1975 sale held by Stack's, focused on the history of Essex County, Massachusetts. Housed in Salem, the most famous city in the county and one of the county seats, it was best known for its museum and library of historical documents, including papers relating to the Salem Witch Trials. In 1992, the Essex Institute and the Peabody Museum of Salem joined forces, and the combined Peabody Essex Museum has over 2.4 million artifacts and artworks from across the globe, including one of the most extensive collections of maritime art in the country.
Coin Index Numbers: (NGC ID# 223V, Variety PCGS# 35759, Base PCGS# 1392, Greysheet# 77500)
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: 24
Lot Tracking Activity: N/A
Page Views: 1,540
Buyer's Premium per Lot:
15% of the successful bid per lot.
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