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    Description

    1796 S-81 Cent, MS64 Brown
    High Condition Census
    Noyes' Finest Known

    1796 1C Liberty Cap, S-81, B-2, R.3, MS64 Brown NGC. Our EAC Grade AU55. Smooth golden-olive surfaces exhibit delicate splashes of blue-steel toning with lighter tan, faded from mint red, with considerable cartwheel luster. A short surface cut on Liberty's neck is an ideal pedigree marker that is clearly visible on the plate of Dr. Sheldon's Early American Cents. No other blemishes are evident on either side, save for minor spotty patina at the lower left reverse.

    Variety: Dr. Sheldon enumerated this variety first in his numbering scheme, suggesting it was the first 1796 Liberty Cap die pairing. Walter Breen gave the first variety honors to Sheldon-91, based on the reasoning of Denis Loring. The reverse die reappears in the 1798 series on S-178, the Second Hair Style with the Reverse of 1796. This early die state exhibits the usual obverse die bulge with no evidence of the late-state die crack.

    Population Data (7/14): This example is the only NGC-certified MS64 Brown, and one is finer as MS65 Brown. PCGS has certified five at this grade level with six finer pieces.

    Heritage Commentary: Del Bland and Bill Noyes agree with our EAC grade of AU55. Bland records this piece as second finest behind the Dr. French coin. Noyes suggests that the French coin is third finest and places this example first in his Condition Census. As noted above, the obverse is plated in Early American Cents. The reverse is plated in Penny Whimsy and appears in both publications as Reverse AA of the 1798 plates.

    Provenance: Obtained by Edward Miller prior to 1893; William Hesslein (4/1916), lot 322; Henry C. Hines; Dr. William H. Sheldon; T. James Clarke (12/1954); R.E. Naftzger, Jr. (New Netherlands Coin Co., 11/1973), lot 400; Andrew M. Hain; Dennis E. Steinmetz; ANA Sale (Steve Ivy, 8/1980), lot 943; Anthony Terranova; John Whitney (Stack's, 5/1999), lot 1708. (NGC ID# 223V, Variety PCGS# 35750, Base PCGS# 1392)

    Weight: 13.48 grams

    Metal: 100% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    October, 2014
    27th Monday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 1,140

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

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