Fred Borcherdts ANA Sale

EARLY CENTS AUCTIONS

CONDITION CENSUS S-133 STEMLESS WREATH EX NAFTZGER

LOT 162 1797 S-133 R5 Stemless Wreath PCGS graded XF45, CAC Approved . Very attractive glossy light olive brown and chocolate. Smooth with light wear on the devices and just a few minor contact marks. A dull rim nick over the left top of the T in LIBERTY and a very fine scratch through BE are the only notable defects, and they are not at all distracting. E-MDS, Breen state II, with strong die clashmarks on the obverse and a light die crack through ATE in STATES. This is the Noyes plate coin for the die variety in his 1991 reference on the early cents, and both sides are also plated in Dr. Sheldon’s Early American Cents and Penny Whimsy. Graded VF30 and CC#2 behind an ANS Museum specimen in the Noyes census, his photo #21311. Bland says VF25 and tied for CC#3 behind two examples in the ANS. Our grade is VF30. Another superior example of a variety that is so difficult to find in high grade. 35987.45/32782920 Ex John Story Jenks, Henry Chapman 12/16/1921:6125 (there attributed as “D-98”)-Henry C. Hines-Dr. William H. Sheldon 4/19/1972-R. E. “Ted” Naftzger, Jr., 2/23/1992-Eric J. Streiner 1/1994-Wesley A. Rasmussen, Heritage Auctions 1/13/2005:3155-Thomas D. Reynolds Collection, McCawley & Grellman Auctions/Goldbergs 1/31/2016:107-Fred H. Borcherdt Collection

Thursday, August 27 th , 2026 5PM EST

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