1793 C-2 R3. PCGS graded MS-62 Brown. Attractive glossy chocolate brown with hints of steel blue overtone in protected areas of the obverse. This piece offers excellent eye appeal with just a hint of friction on the highest points of the design. The notable defects are a microscopic planchet lamination in the field right of the bottom edge of the cap and a very thin diagonal planchet fissure slanting through the 3 in the date to the field before the mouth where it fades out. The only contact marks worthy of mention are a thin nick above IB in LIBERTY, a faint diagonal scratch through the upper lip, and another from close above the 3 to the lowest curl. A piece with excellent eye appeal in spite of the minor imperfections. Late die state with extensive die rust in the obverse fields. The reverse is rotated 45 degrees clockwise from a perfect head-to-foot die orientation, which is not uncommon for this variety. The obverse die is very slightly misaligned to K-5.5 while the reverse is properly centered on the planchet. Our grade is AU50+. The attribution and Missouri Cabinet provenance are shown on the PCGS label. PCGS population 1; the only MS graded for the die variety. (PCGS # 35006) Estimate Value $35,000 - UP Ex Joseph S. Brobston, Stack's Fixed Price List No. 69, January 1963 (listed for $1,600)-unknown-Bowers & Merena 3/10/2005:29-Denis W. Loring 4/10/2008-R. Tettenhorst-Eric P. Newman Numismatic Education Society (EPNNES)-Missouri Cabinet (Mocab 93.2.7).
Price Realized: $63250
Images and description courtesy of Ira and Larry Goldberg Coins and Collectibles, Los Angeles, CA.
From Goldberg's sale of the Missouri Cabinet Collection, 1/26/2014, lot 3.
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