Fred Borcherdts ANA Sale

EARLY CENTS AUCTIONS

LOT 105 1796 S-92 R3 Draped Bust EF40 . Very attractive glossy chocolate brown with slightly darker steel brown toning on the highpoints and frosty golden tan in protected areas. Smooth and nearly flawless with light wear and great eye appeal. The only notable mark is a diagonal nick at the dentils above the second S in STATES. MDS, Breen state III, with die cracks and clashmarks but no cud break on the reverse. There is a clear double profile from the forehead down to the chin (from die bounce or “machine doubling”). Graded EF40 and tied for CC#10 in the Bland census. Noyes says EF45 net VF35 and tied for CC#10.  Ex Lester Merkin 9/10/1960-C. Douglas Smith 1970-R. S. “Robbie” Brown, Jr., Superior 1/30/1986:121 (as EF40)-Douglas F. Bird-Dennis Mendelson-Fred H. Borcherdt Collection

TERMINAL DIE STATE S-92 EX DR. FRENCH

LOT 106 1796 S-92 R3 Draped Bust F15 . Partly glossy dark greenish olive brown with lighter reddish brown on the obverse devices. Very fine roughness covers most of the planchet and there is a dull but obvious dent at the top of the wreath. A scuff at the bottom of the obverse weakens the lower part of the date; otherwise the legends and devices are strong. Rare TDS, Breen state V, with a strong cud break at the end of the right wreath ribbon. Graded EF45 net VF25 and tied for CC#12 overall but CC#2 of the terminal die state in the Noyes census, his photo #36458. An important example of the die state with very little actual wear, and the Dr. French provenance is a plus, but the net grade assigned by Noyes appears overly optimistic to us.

Ex Dr. George P. French, B. Max Mehl 1929 FPL, lot 111-unknown-Thomas Wolf 6/1982-Fred H. Borcherdt Collection

Thursday, August 27 th , 2026 5PM EST

116