NNP

1797 C-1 1 above 1 R2. PCGS graded MS-66 Brown. CAC. Struck over a Talbot Allum & Lee (TAL) Cent. Highly lustrous steel brown with bluish steel overtones. The surfaces are satiny and very attractive, essentially as they left the mint. The only defects are some of the usual microscopic pre-striking planchet chips in the fields, especially on the obverse, and a spot of darker steel toning over the right stem. Struck over a TAL cent with obvious undertype visible on the obverse at the dentils from K-6 to K-9 and stronger undertype on the reverse, especially right of the fraction and above STATES. EDS, Manley state 1.0, without any cracks or swelling. A choice example with outstanding eye appeal. Our grade is MS63+. Possibly the finest known of this variety. Weight 94.6 grains. The attribution and Missouri Cabinet provenance are shown on the PCGS label. PCGS population 1; the only MS graded for the variety. (PCGS # 35101) Estimate Value $70,000 - UP Ex Emil Cauffman, Edward D. Cogan 5/4/1871:878 (plated) ($9.00)-unknown-Virgil M. Brand (his inventory #46562) 6/20/1925-Brand Estate-Armin William Brand (consigned to Burdette G. Johnson 8/27/1935), sold to St. Louis Stamp and Coin Company (Burdette G. Johnson) for stock on 10/30/1935 for $50.00-sold by St. Louis Stamp and Coin Company 4/17/1944 for $80.00-Celina Coin Co. (T. C. Brandts)-unknown-Rodney T. Grove, Superior Galleries 6/1/1981:4 ($12,500)-Ronald J. Guth October 1982 (privately)-Garry F. Fitzgerald-Mid American Rare Coin Auctions, Inc., 1/8/1987:57 (via Julian M. Leidman)-R. Tettenhorst-Missouri Cabinet (Mocab 97.1.9).

Price Realized: $299000

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 41.