1505: 1796 1C Liberty Cap MS62 Brown PCGS. Start Price USD 13,000.00 Current Price USD 32,500.00 Time Left - Bid Count 2 Buy It Now Price - Reserve Price - Start Time Thursday, July 31, 2008 End Time Thursday, July 31, 2008 Location Baltimore, MD See more about '1505: 1796 1C Liberty Cap MS62 Brown PCGS.' Description click for larger image1505: 1796 1C Liberty Cap MS62 Brown PCGS. 1796 1C Liberty Cap MS62 Brown PCGS. S-81, B-2, R.3. 1796 was the final year for the Liberty Cap type, which had been struck since 1793, the initial year of production at the first U.S. Mint. The Draped Bust motif first appeared on the 1795 silver dollar, and made its way through lower denominations to the cent in 1796. However, half cents continued to be struck with the Liberty Cap design through 1797. Robert Scot prepared dies for the 1796 Liberty Cap cents, after the earlier design that John Smith Gardner created. The obverse relief is higher, and the hair contours are different. The reverse dies were also modified, but with lower relief so that the reverses always appear to be in lower grades. Breen suggests that Scot's professional jealousy of his former assistant is the reason he created the new obverse and reverse dies. Smooth light olive surfaces display darker steel and aqua-blue hues once rotated beneath a light. A hint of prooflike reflectivity is evident on the reverse. A rare Mint State example of this popular early design type. Surprisingly few marks are present to serve as pedigree identifiers, including a small pit right of the upper crossbar of the E in ONE. Minor strike softness near CENT and the cheekbone is accompanied by faint striae from the planchet. Bill Noyes grades this coin XF45 and considers it the seventh finest known S-81 cent. EAC 50.Ex: Gene Sherman (1/1999); Robert Clark (Bowers and Merena, 8/2000), lot 254.From the Joshua Collection.Coin Engraver: Joseph WrightShipping: Coins & Currency (view shipping information)Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium with a $9 minimum Buyer's Premium. Please make sure you read the Terms and Conditions before you bid. This lot is being auctioned in conjunction with a live floor auction by Heritage Auctions. All final auction and invoice information will be supplied by Heritage Auctions, and all other information should be considered preliminary. Lot:1505Winning Notification and Billing: After the FINAL session in this auction is complete, Heritage will send e-mail and snail mail invoices. This process normally takes several days. All final auction and invoice information will be supplied by Heritage Auctions, and all other information should be considered preliminary. Second Chance Offers: Heritage does not make Second Chance Offers. Once our auction ends, if you receive a Second Chance Offer to buy this item DO NOT accept the offer. Please forward any Second Chance offer emails received on one of our auctions to eBay's Safe Harbor Department. This auction will be conducted on a live auction floor and over the Internet through eBay Live. If you choose to place an absentee bid, please take a moment to learn how eBay Live absentee bidding works Auction House Info Heritage Auctions 3500 Maple Avenue 17th Floor Dallas, Texas 75219-3941, United States Tel: 214-528-3500 Fax: 214-443-8425 EMail: EbayLive@HeritageAuctions.com CLICK TO Ask a Question ABOUT THE LOT OR AUCTION FOR TECHNICAL SUPPORT CONTACT EBAY LIVE AUCTIONS Terms & Conditions Please view our complete Terms & Conditions at the following web address: http://www.heritageauctions.com/common/images/TermsAndConditions.pdf Auction House Heritage Auction Galleries3500 Maple Avenue17th FloorDallas, TX United States 75219800.872.6467Terms & Conditionshttp://ha.com/common/auction/terms_and_conditions.phpShippingBuyer Pays Shipping CostBuyer's PremiumUSD 0 - USD 999  20 %USD 1000 +   20 %PaymentContact For Payment DetailsTaxesLocal Taxes ApplyContractYour bid is a contract.Place a bid only if you're serious about buying the item. If you are the successful and winning bidder, you have entered into a legally binding contract to purchase the property bid on from the seller. You should contact the seller to resolve any questions before bidding.RegistrationBidders are required to:a) Sign up for this auction& b) Complete bidding approval formApproval is at the discretion of the Auction House.HelpHelp with biddingImages Auction services provided by LiveAuctioneers Place a Bid!