1796 1C LIHERTY AU53 NGC. XF40 EAC....

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The Beckwith-Newcomb 1796 S-103 Cent

1796 1C LIHERTY AU53 NGC. XF40 EAC. S-103, Die State I, Low R.4. This cent is plated in Dr. Sheldon's Early American Cents and Penny Whimsy. The obverse is from the famous blundered die with the B of LIBERTY first entered upside down, resulting in extra serifs at the upper and lower right curves of the correctly placed B. This gives the appearance of a letter H, thus the popular LIHERTY name for this obverse. Specialists know that this obverse die was used with two different reverse dies, thus both S-103 and S-104 represent the popular type. This variety has a separate listing in the Guide Book adding to its popularity and demand. It is also important to note that only one Mint State example of this Red Book type is known, along with two AU coins and just four XF examples, including this coin. This is Condition Census for the variety, being the fifth finest known example of S-103, and seventh finest of all 1796 LIHERTY cents. In the Stack's sale of the Roper Collection, this cent was graded AU50 and offered as second finest known, based on the Census of 50-50-45-30-20-15 as recorded by Dr. Sheldon.
This is a remarkable 1796 cent, with surfaces that are uncharacteristically choice. Both the obverse and the reverse have splendid medium brown color with slightly darker chocolate brown on the devices. Liberty's profile, as well as the wreath, are outlined with lighter reddish brown, faded from original mint red luster. The obverse has a very light vertical scratch across the bust (actually two closely spaced parallel scratches) along with a few very light abrasions. The reverse has similar minor surface marks.
Ex: Consignor "M"; S.H. Chapman (6/13), lot 483; Dr. Henry W. Beckwith (S.H. Chapman, 4/23), lot 10; Howard R. Newcomb (J.C. Morgenthau, 2/45), lot 104; James Kelly; Alvin J. Fink; T. James Clarke; Dr. William H. Sheldon; Dorothy Paschal; R.E. Naftzger, Jr. (New Netherlands, 11/73), lot 421; Stack's; John L. Roper, II (Stack's, 12/83), lot 450; John Whitney (1/96); Anthony Terranova; Dr. Eugene Sherman (1/97); John MacDonald (8/99).(#1413)(Registry values: P1)

Coin Index Numbers: (NGC ID# 223X, PCGS# 1413, GSID# 750)

Metal: 100% Copper
Weight: 13.48 grams
Weight: 0.47549oz
Mintage: 363,375

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Auction Info

2005 Ft. Lauderdale FL. (FUN) Signature Sale #360 (go to Auction Home page)

Auction Dates

January, 2005

12th-15th Wednesday-Saturday

Bids + Registered Phone Bidders: 11

Lot Tracking Activity: N/A

Page Views: 870

Buyer's Premium per Lot:
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Rasmussen Special Edition Catalog
This hard bound volume contains the magnificent Wes Rasmussen Large Cent Collection, formed by a former President of the Early American Coppers society which was auctioned at the 2005 Florida United Numismatic Auction. Reserve your copy of this remarkable volume for just $75 today.

Rasmussen Signed Limited Edition Catalog
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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Sold on Jan 13, 2005 for: $23,000.00

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