1796 1C Liberty Cap, BN MS (PCGS#1392)
The January 2012 Americana Sale
- 拍卖行
- Stack's Bowers
- 批号
- 8045
- 等级
- VF25
- 价格
- 32,659
- 详细说明
- 1796 Liberty Cap Cent. S-85. Rarity-5-. VF-25 (PCGS). The final Liberty Cap cents were struck in April and May of 1796 with a mintage of 109,825 pieces. According to Walter Breen (<em>Walter Breen's Encyclopedia of Early United States Cents: 1793-1814</em>, 2000), this mintage temporarily exhausted the Mint's supply of copper. By the time additional planchet stock arrived on July 11, Robert Scot was already preparing the first of the dies for the new Draped Bust design.<br />
The 1796 Liberty Cap has long been recognized as a key date issue for its type, with survivors particularly elusive in problem free grades at and above the VG level. Very appealing at the middle reaches of the numismatic grading scale, this VF retains overall bold definition is the presence of moderate, yet generally even wear. Slightly off center and/or misaligned dies explain the minor softness of detail at the lower left obverse and upper right reverse borders. Bold olive-copper patina with only a few minor abrasions and a couple of swirls of well blended, faded red color in and around the central obverse. The texture is hard, glossy and free of the extensive pitting, porosity and even outright corrosion that plagues so many surviving 1796 Liberty Cap cents. A significant find for the advanced collector.<br />
S-85 is among the scarcer die marriages of the issue, with Noyes' 1991 Condition Census listing extending down to the VF-20 grade level -- a significant fact in association with the coin we are offering here.
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