LOT #6113 |
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1797 1C 97REVSTEMS, BN
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Sold on Jan 4, 2001 for:
$6,037.50
Bid Source: Live: Floor bidder
Description
Choice 1797 Large Cent, S-135
1797 1C Reverse of 1797, Stems MS 64 Brown PCGS. S-135, High R.3. The Philadelphia Mint used planchets of wide ranging quality to produce 897,510 Draped Bust cents in 1797. The best copper blanks arrived in August of this year and were used to produce many of the high grade survivors of S-123 and S-135. In late 1797 or early 1798, Senator Benjamin Goodhue acquired a bag of 1,000 1797 cents for his daughters. These coins were preserved by Goodhue's descendants in the Salem, Massachusetts area until the Civil War. In 1863, David Nichols acquired these coins and distributed them to collectors from his home in Gallows Hill, Massachusetts. Many of the coins in the "Nichols Hoard" were S-135 examples that were struck on high quality planchets from the August, 1797 delivery.Although it is impossible to say for certain, this coin may owe its survival to Senator Goodhue and his descendants. The planchet is choice, with a smooth, nearly distraction-free texture and pleasing orange-brown color. Hints of original glossiness are also evident as the coin rotates beneath a light. Both the peripheral details and the central devices exhibit impressive striking detail for the series.
From the Bob Bisanz U.S. Type Set.
Coin Index Numbers: (NGC ID# 2242, PCGS# 1422, GSID# 765)
Metal: 100% Copper
Weight: 13.48 grams
Weight: 0.47549oz
Mintage: 897,510
Auction Info
2001 F.U.N. Signature Sale #244 (go to Auction Home page)
Auction Dates
January, 2001
4th-6th
Thursday-Saturday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 324
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