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ANA Signature US Coin Sale 1258  2-6 Aug 2017
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Lot 3886

Starting price: 1 USD
Price realized: 65 000 USD
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Large Cents
1795 1C Plain Edge, S-76b, B-4b, R.1, MS65+ Red and Brown PCGS. PCGS 30th Anniversary Holder. This intermediate die state example shows evidence of lapping on both sides. The pole and the interior of the Liberty cap are indistinct, and the right ribbon bow and right stem are each disconnected from adjacent devices. Various leaves show additional signs of die lapping.
The strike on this example is well-centered with excellent detail with rounded relief, although the obverse and reverse borders are weak in areas. The impressive olive-brown surfaces show myriad planchet marks that were present before the piece was struck, but have no post-mint imperfections of any significance. The obverse exhibits splashes of orange mint color around the devices, through the hair, and behind LIBERTY and the date. The reverse displays considerable orange mint color through the wreath and within the legend letters.
A search of several different appearances of this variety fails to reveal a past provenance, although the splash of dark toning beneath the top right of the T in LIBERTY should allow quick and easy identification. We have reviewed the Noyes photo book, Bland's Census in the Breen Large Cent Encyclopedia, and offerings of high grade pieces in various auctions, all with no success. PCGS has only certified five Gem examples of the 1795 Plain Edge cent, and those pieces include the S-76b and S-78 die pairs. The population includes three graded MS65 Brown, one graded MS66 Brown, and this example graded MS65+ Red and Brown (6/17). Our EAC grade MS62.

HID02901242017
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