Top Picks Spring Sales Rare Coin Auction12.2D1
By Key Date Coins
Mar 21, 2024
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
The auction has ended

LOT 6628:

***Auction Highlight*** 1797 Gripped edge Rev '95 Draped Bust Large Cent S-120b 1c Graded au55 By

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Start price:
$ 15,000
Estimated price :
$40,000 - $50,000
Buyer's Premium: 18%
Auction took place on Mar 21, 2024 at Key Date Coins
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***Auction Highlight*** 1797 Gripped edge Rev '95 Draped Bust Large Cent S-120b 1c Graded au55 By
***Auction Highlight*** 1797 Gripped edge Rev '95 S-120b Draped Bust Large Cent 1c Graded au55 By SEGS. The 1797 Gripped Edge Large Cents bear what Walter Breen described as "Irregulary spaced incuse notches and raised pellets on edge." The purpose of this edge device is unknown. Certainly, it did not serve the same purpose as the edge lettering, ornamentation, and reeding that appears on silver and gold coins (which was placed there to discourage the removal of metal by clipping or shaving). Breen suggested that it may have been a means of marking a particular batch of planchets or that the marks were on the planchets that arrived from outside sources A Key Date's Pick, Bid to Win Coin

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