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Long Beach Signature US Coin Sale 1259  7-8 Sep 2017
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Lot 4293

Starting price: 1 USD
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Large Cents
1797 1C Reverse of 1797, Stems, NC-5, B-13, R.6 -- Environmental Damage-- PCGS Genuine. VG Details. Our EAC grade: sharpness of VG8, net Good 6. This variety, NC-5, was the last of the NC varieties of 1797 recorded by Dr. Sheldon in Early American Cents. Numismatist A.C. Gies was the first to identify this variety in 1935, and from that time until the 1958 publication of Penny Whimsy was published, only eight examples had been attributed. Today, nearly 60 years after Penny Whimsy was published, there are approximately 25 to 30 examples of NC-5 known, meaning one discovery about every three years. The Padula specimen is considered Good 6 and 12th finest known according to Del Bland, or Good 4 and 15th best per Bill Noyes. In either scenario, this is an important opportunity for large cent specialists. Pleasing olive-brown on the obverse, with some hints of steel color, and bright reddish-orange patina. The reverse is similar but with more generous portions of dark steel color.
Ex: Robert C. Sheffer (Glenville Coins, 2/1984); James E. Long (3/7/1984); Jules Reiver (Heritage, 1/2006), lot 19353; Daniel W. Holmes (Goldberg Coins, 9/2009), lot 258.
From The Padula Family Foundation Collection.

HID02901242017
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