Fred Borcherdts ANA Sale

FRED BORCHERDT’S HALL OF FAME COLLECTION 1793-1814 CENTS

S-50 GILBERT DISCOVERY COIN

LOT 56 1794 S-50 R5 Head of 1794 PCGS graded XF45 . Glossy tan and light olive blending to reddish brown in protected areas. Smooth and quite attractive with light wear and trivial marks. The notable marks are a small spot of darker toning (not carbon) in the field below the cap, a nick on the top of the I in LIBERTY, and a small tick left of the first S in STATES. Nicely centered and well struck. LDS, Breen state III (a die state called Extremely Rare by Breen), Heck state 2, with a clear die crack from the 4 through the bust tip and pole into the field to the right. Graded VF25 and CC#7 in the Bland census. Noyes says VF30 net VF20 and tied for CC#6, his photo #26537. Our grade is VF25. This is the discovery coin for the variety, identified as a new die combination by Ebenezer Gilbert in 1896. This cent comes with a remarkable provenance and the H & D in HUNDRED are filled with yellow ink to identify this as a coin from the Homer Downing Collection. Both sides are plated in the Gilbert-Elder reference and the obverse is plated on page 22 of the 1979 Morley reference. Just an all-around great cent. 35612.45/57538491 Discovered as a new variety by Ebenezer Gilbert in 1896, Thomas L. Elder 10/12/1910:57-Henry Olson Granberg, The United States Coin Co.5/19/1915:145 Dr. George P. French, B. Max Mehl 1929 FPL, lot 84-T. James Clarke 1944, B. Max Mehl-John P. Young, Barney Bluestone 4/27/1945:1780-Dr. William H. Sheldon-Sheraton Coin Co., 1947 ANA Sale (Numismatic Gallery), lot 823-Dr. William H. Sheldon-Homer K. Downing, 1952 ANA Sale (New Netherlands Coin Co.), lot 1703-Dr. William H. Sheldon-Dorothy I. Paschal 3/1977-Del N. Bland 1/2/1987-Fred H. Borcherdt Collection (includes the Paschal collection envelope)

71 Photos of all lots can be found at www.earlycentsauctions.com