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    1796 S-84 Cent, MS64 Brown
    Traces of Faded Red

    1796 1C Liberty Cap, S-84, B-5, R.3, MS64 Brown PCGS. Our EAC Grade AU55. Wonderful light brown surfaces on this 1796 Liberty Cap show frosty luster and traces of darker brown on the high points. Hints of faded red can still be detected on both sides. The preservation is wonderful with few marks of any kind, other than the usual planchet chatter from the original copper stock.

    Variety: This is the first of four sequential varieties, S-84 through S-87, that used the obverse die, while it is the last of three sequential varieties, S-82 through S-84, that used the reverse die. Breen 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.

    Population Data (7/14): PCGS has certified five 1796 Liberty Cap cents in MS64 Brown with six finer examples. NGC has graded one (the S-81 offered above) with one finer. For all grades and varieties, PCGS and NGC have certified 38 Mint State 1796 Liberty Cap cents, and this offering includes eight of those submissions, nearly one-quarter of the entire population.

    Heritage Commentary: Here is another example of the "moving target" of grading, with Noyes assigning an MS60 grade in 1991 and an AU55 grade in 2007. Its rank in his census changed from fifth finest to a sixth place tie. Bland records this piece as tied for eighth finest.

    Provenance: Francis H. Lee (circa 1913); Essex Institute; Stack's (2/1975), lot 136; Stack's; Herman Halpern (Stack's, 3/1988), lot 116; Anthony Terranova (3/1988); R.E. Naftzger, Jr. (Early American Coppers, 4/1989), lot 57; Robinson S. Brown, Jr. (Superior, 1/1996), lot 119; Douglas F. Bird; Dennis Mendelson; Thomas D. Reynolds (1/1997); Walter Husak (Heritage, 2/2008), lot 2085; Legend Numismatics (9/25/2009). (NGC ID# 223V, Variety PCGS# 35759, 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: 18
    Lot Tracking Activity: N/A
    Page Views: 1,413

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

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    A hard bound limited library edition of the Wes Rasmussen Collection Catalog, signed by Wes Rasmussen, Mark Borckardt, Greg Rohan, and Denis Loring, is available while supplies last. Only 100 produced. Reserve your copy of this remarkable limited edition signed volume for just $150 today.
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