Fred Borcherdts ANA Sale

EARLY CENTS AUCTIONS

FINEST KNOWN S-116 EX NAFTZGER

LOT 136 1796 S-116 R5- Draped Bust PCGS graded AU53 . Choice glossy medium brown and light chocolate with frosty lighter brown in some of the protected areas. Smooth and beautiful with light wear and superior eye appeal. No spots or stains, just trivial contact marks, mostly on the neck into the field. A thin, light diagonal nick below the left end of the wreath stem is a good identifying mark. LDS, Breen state II, with clear die clashmarks on both sides. Graded VF35 and tied for CC#1 honors in the Bland census, but his grade was a tentative placeholder until he actually had an opportunity to see the coin. Noyes did see it and graded is EF45 and CC#1 ahead of the ANS coin, his photo #28276. Our grade is EF40. Nothing else comes close. This is the plate coin for the variety in the 1991 Noyes reference. Another prize for the collector of 1796 cents. 35834.53/57516988

Ex Robert E. Matthews (Matthews Money Tree Co.) 5/1990-Dr. Robert J. Shalowitz-R. E. “Ted” Naftzger, Jr. 2/23/1992-Eric J. Streiner-Fred H. Borcherdt Collection (includes the Shalowitz-Naftzger collection envelope)

Thursday, August 27 th , 2026 5PM EST

162