1796 1C Draped, Reverse of 1797, BN MS (PCGS# 1407)

LB Signature Sale #416

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    151
  • Grade:
    MS61
  • Price:
    $10,350.00
Lot Description
1796 1C Draped Bust, Reverse of 1797 MS61 Brown PCGS. S-119, R.3. The example offered here is a later die state with die cracks on the lower obverse and a tiny rim break can be seen in the dentils over TAT. Nearly all known examples of this die variety are high grade, and the present example follows this pattern. It is sharply struck with glossy chestnut surfaces and darker steel toning. The surfaces have myriad abrasions, mostly from the original planchet prior to striking. These coins survive from the Nichols Find, a cache of 1796 and 1797 large cents, all Mint State. The quantity of coins in this find, distributed in the 1860s, is not known. EAC 55. From The Troy Wiseman Collection.
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