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1798 1C First Hair, Reverse of 1795. AU50 PCGS. S-155, B-9, R.3. ...
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Sold on Feb 15, 2008 for:
$5,750.00
Bid Source: Live: Floor bidder
Description
Pleasing 1798 S-155 Reverse of 1795 Cent
1798 1C First Hair, Reverse of 1795. AU50 PCGS. S-155, B-9, R.3. Noyes VF25; CC-10. Photo #29089. Our EAC Grade VF30.Equivalents. Proskey 1; Doughty 110; McGirk 1A; Clapp 13; EAC 9; Encyclopedia 1720; PCGS #1428.
Variety. Style I Hair. Wide date and LIBERTY. Reverse of 1795, leaf pair at AM. The obverse appears on S-155. The reverse appears on 1796 S-87, S-88, S-89, and 1798 S-155.
Surfaces. The surfaces have intermingled olive-brown and steel coloration with a few minor abrasions. This is a pleasing example of a popular variety that should garner considerable bidding activity from several different collector categories. Double Flange Edge.
Die State VI. This specimen is the latest die state known with extensive die cracks, clash marks, and die chips in the drapery. The reverse has some central low areas, probably resulting from a trace of grease on the coinage die.
Census. Bland considers the finest known an MS63 coin, while Noyes calls the same coin AU55. That coin is followed by a dozen examples that grade AU, XF, and VF, including the present piece that ranks 10th finest.
Commentary. This is the important and popular 1798 type with the Reverse of 1795. There are actually three die varieties with this reverse type, including S-155 and S-156 with the first hair style, and S-178 with the second hair style. Of these, only the S-155 variety is relatively obtainable; the other two are important rarities for variety collectors. There are perhaps 300 to 400 examples of this variety known, with fewer than 100 of both other varieties combined.
Provenance. Foreman; Stack's (1/1993), lot 1123, $3,080; Wes Rasmussen (Heritage, 1/2005), lot 3182, $4,313.
Personality. Wes Rasmussen was born in Milwaukee, Wisconsin, on October 5, 1934, and currently resides in Las Vegas. He served as the sixth president of Early American Coppers from 1996 to 1999. Rasmussen spent his career in the printing business in Minnesota, and his company, Litho-Tech, printed Penny-Wise from 1986 through 2005. The firm also handled the printing needs for Bill Noyes' early-date book (1991) and his middle-date book, John Wright's middle-date reference (1992), and Bob Grellman's late-date book (1986). Rasmussen's collection of late-date cents was sold by Superior in 1998 and his early and middle-date collections were sold by Heritage in 2005.
Coin Index Numbers: (NGC ID# 2244, Variety PCGS# 36002, Base PCGS# 1428, Greysheet# 79942)
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: 4
Lot Tracking Activity: N/A
Page Views: 852
Buyer's Premium per Lot:
15% of the successful bid per lot.
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.
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.
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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