Fred Borcherdts ANA Sale

EARLY CENTS AUCTIONS

LOT 149 1797 S-123 R4 EF40 . Glossy light to medium olive with frosty tan and faded mint color in protected areas on both sides, probably a result of a light cleaning long ago. There is very little actual wear on the devices, but small planchet flakes and nicks are scattered over the obverse. M-LDS, Breen state III, with crumbling in the dentils over the A in STATES. An attractive mid-to-high grade example of this Nichols Hoard variety, one that is usually found in mint state or low grade. 

From the Fred H. Borcherdt Collection

CONDITION CENSUS S-124

LOT 150 1797 S-124 R5+ F15+ . At least 5 points sharper but a glass reveals extremely fine roughness under the glossy dark olive brown and steel toning. The roughness is most noticeable at the top and bottom of the reverse, but it is not strong and there is no verdigris. A small chip or nick in the field before the neck is the only notable mark. M-LDS, Breen state V, with obvious die clashmarks on the obverse and a bulge at the 97 through the bust. Graded VF35 net VF20 and CC#1 in the Bland census. Noyes says VF30 net F12 and tied for CC#2. This cent is clearly superior to the Breen plate coin, and it is graded F15. Either way this is an important example of a tough die variety.

Acquired unattributed in 7/1984 by Thomas E. Werner 8/1984-Fred H. Borcherdt Collection

Thursday, August 27 th , 2026 5PM EST

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