1 Cent (sold for $3600.0)

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1796 S-118 R5+ Draped Bust. VG-7. Choice glossy chocolate and steel. Smooth and attractive, only a few trivial hairlines on the portrait and a pair of barely visible rim bruises from flawless. Struck with the dies axially misaligned (the die faces were not perfectly parallel) causing strike weakness at the upper left of the obverse and lower left of the reverse while the details across the planchet are stronger than the assigned grade might imply. Nonetheless, the date is strong and the legends are complete. This is a very nice lower-grade example of a variety that seldom comes without significant defects. Called G6 Choice (one of only two examples called "Choice" in his extensive list) and tied for CC#11 in the Noyes census, his photo #24344. Bland calls this piece VG7 in his census. And it comes with a nice provenance. Estimated Value $1,000-UP. Ex C. Douglas Smith-Jerry Cohen 6/1961-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/73:433-Herbert A. Silberman-Chuck Furjanic-Dr. Phil Ralls-Del Bland 6/80-G. Lee Kuntz, Superior 10/6/91:130-R. S. Brown, Jr., McCawley & Grellman Auctions 1/7/95:353-Stuart MacDonald, Heritage 9/11/97:5107-Jim McGuigan-Joseph Renzi. Categories:

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