1798 1C S-187 2nd Hair Style, BN (Regular Strike)

Series: Draped Bust Cents 1796-1807

PCGS MS65+BN

PCGS MS65+BN

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PCGS MS62BN

PCGS MS62BN

PCGS MS62BN

PCGS MS62BN

PCGS #:
36128
Designer:
Robert Scot
Edge:
Plain
Diameter:
28.00 millimeters
Weight:
10.89 grams
Mintage:
1,841,745
Mint:
Philadelphia
Metal:
Copper
Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS65BN PCGS grade

Purchased in New York in 1950 by T. James Clarke Collection - Dr. William H. Sheldon Collection, sold privately on 4/19/1972 - R.E. “Ted” Naftzger, Jr. Collection, sold privately on 2/23/1992 - Eric Streiner - Jay Prrino (The Mint) - Tom Reynolds Collection - Goldbergs 1/2016:205, $35,250

2 MS64BN estimated grade

Samuel W. Wolfson Collection - Stack's 5/1963:50 - Lester Merkin 11/1968:166 - Gene Reale Collection - Bowers & Merena 8/1995:13 - Gene Reale Collection - Sotheby's 1/1998:28 - Goldbergs 9/2011:559, $35,650

3 MS62BN PCGS grade

Herman Halpern Collection - Stack’s 1988:171, $1,980 - Tom Reynolds Collection

3 MS62BN PCGS grade

Howard R. Newcomb Collection - J. C. Morgenthau 2/1945:269, $55 - Milton A Holmes Collection - Stack's 10/1960:1414, $270 - Louis Helfenstein Collection - Lester Merkin 8/1964:17, $500 - Dr. Herbert Rubin Collection - Stack’s 9/2004:36, $8,337.50 - Tom Reynolds Collection

5 AU58 PCGS grade

Douglas Bird - American Numismatic Rarities 12/2003:418, $5,750 - Anthony Terranova & Chris Victor-McCawley - Superior 9/2004:412 - Walter J. Husak Collection - Heritage 2//2008:2190, $8,050 - Steven K. Ellsworth Collection

5 AU58 PCGS grade

Henry C. Miller Collection - Thomas Elder 4/1917:760, $17 - R.E. Brown - Thomas Elder 4/1918:359, $7.75 - Dr. Christian A. Allenburger - B. Max Mehl 3/1948:434, $18 - Willard C. Blaisdell - Del Bland, sold privately on 2/19/1975 - C. Douglas Smith Collection - Dr. Robert A. Schuman - Superior 5/2003:489, $7,475 - Paul Gerrie Collection - Goldbergs 2/2013:56, $12,075

5 AU58 estimated grade

Adam Mervis Collection - Heritage 1/2014:2697, $8,225 - Heritage 8/2015:3101, $7,050

8 AU50 PCGS grade

Bowers & Ruddy FPL - Goldbergs 9/2008:355, not sold

#1 MS65BN PCGS grade

Purchased in New York in 1950 by T. James Clarke Collection - Dr. William H. Sheldon Collection, sold privately on 4/19/1972 - R.E. “Ted” Naftzger, Jr. Collection, sold privately on 2/23/1992 - Eric Streiner - Jay Prrino (The Mint) - Tom Reynolds Collection - Goldbergs 1/2016:205, $35,250

#2 MS64BN estimated grade

Samuel W. Wolfson Collection - Stack's 5/1963:50 - Lester Merkin 11/1968:166 - Gene Reale Collection - Bowers & Merena 8/1995:13 - Gene Reale Collection - Sotheby's 1/1998:28 - Goldbergs 9/2011:559, $35,650

#3 MS62BN PCGS grade

Herman Halpern Collection - Stack’s 1988:171, $1,980 - Tom Reynolds Collection

#3 MS62BN PCGS grade

Howard R. Newcomb Collection - J. C. Morgenthau 2/1945:269, $55 - Milton A Holmes Collection - Stack's 10/1960:1414, $270 - Louis Helfenstein Collection - Lester Merkin 8/1964:17, $500 - Dr. Herbert Rubin Collection - Stack’s 9/2004:36, $8,337.50 - Tom Reynolds Collection

#5 AU58 PCGS grade

Douglas Bird - American Numismatic Rarities 12/2003:418, $5,750 - Anthony Terranova & Chris Victor-McCawley - Superior 9/2004:412 - Walter J. Husak Collection - Heritage 2//2008:2190, $8,050 - Steven K. Ellsworth Collection

#5 AU58 PCGS grade

Henry C. Miller Collection - Thomas Elder 4/1917:760, $17 - R.E. Brown - Thomas Elder 4/1918:359, $7.75 - Dr. Christian A. Allenburger - B. Max Mehl 3/1948:434, $18 - Willard C. Blaisdell - Del Bland, sold privately on 2/19/1975 - C. Douglas Smith Collection - Dr. Robert A. Schuman - Superior 5/2003:489, $7,475 - Paul Gerrie Collection - Goldbergs 2/2013:56, $12,075

#5 AU58 estimated grade

Adam Mervis Collection - Heritage 1/2014:2697, $8,225 - Heritage 8/2015:3101, $7,050

#8 AU50 PCGS grade

Bowers & Ruddy FPL - Goldbergs 9/2008:355, not sold

Ron Guth:

According to Walter Breen, S-187 is "...the commonest variety of the date." This may be true in terms of rarity, but it is not true in terms of condition. This is one tough variety to find in top condition. Mint State examples are nearly impossible to find, none have been certified as such by PCGS, and NGC reports a single MS62BN. Even so, this variety is quite affordable. Where else can a collector obtain a Condition Census level coin for a couple thousand dollars.

The dies for this variety started out almost perfect, then began to crack and crack as more coins were struck. Eventually, the die cracked so badly that pieces of metal began to fall off the die, causing raised lumps (or cuds) to appear on the upper right obverse. The latest state (supposedly, as the coin remains untraced) exhibits a massive cud in the same area -- if this coin exists it was certainly one of the last ones from the dies.

Red-Brown and Red S-187s are non-existent.