#1 PCGS VF35BN
Discovered in Los Angeles by Harold Straight, 1950; Dr. William H. Sheldon, April 1972; R.E. “Ted” Naftzger, Jr., February 1992; Eric Streiner, January 1993; Tom Morley, October 1993; Dr. Robert A. Schulman, April 1998. As PCGS VF-35 #13457258. “The Walter J. Husak Collection,” Heritage Auctions, February 15, 2008, Lot 2035 – $103,500; "The Daniel W. Holmes, Jr. Collection," Goldberg Auctioneers, September 2009, Lot 53 - $94,875. As PCGS VF35 #26772766. "The Paul Gerrie Collection," Goldberg Auctioneers, February 2013, Lot 22 - $106,375. S-33. Finest Known. |
|
#2 Est. VF30BN
Elmer S. Sears, June 1926; George H. Clapp, December 19, 1946; American Numismatic Society - View. S-33. Die State State V. Cud over LI. ONE CENT clear. Handling marks. Chocolate brown. Second finest known. |
#3 PCGS VG10BN
S-33. |
Known as the "Wheel Spoke" reverse, the Sheldon 33 (#35564) retains the characteristic "LI" rim break and weak milling on the obverse (Obverse 13). On the reverse (Reverse K), the "ONE CENT" denomination is typically weakly impressed due to a die bulge. The variety is most famous for its rapidly progressing die failure: the reverse die quickly developed four spokes, which eventually increased to six before reaching its terminal state. This variety was first "discovered" in 1888 by the collector William Hayes. While it was considered an R-7 (Extremely Rare) variety in the 1950s, a few more specimens have since been accounted for, slightly increasing its known population while remaining a highly prized rarity for 1794 specialists.
The variety is unknown in grades higher than Very Fine, with only two specimens recorded at that level. One of these choice examples is permanently held in the American Numismatic Society (ANS) Collection.
* * *
Regency XIX Preview | Legend Rare Coin Auctions | December 15, 2016
(Starts at 1:29)