1796 1C Draped, Rev. of '97, S-119 MS62BN PCGS
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1796 1C Reverse of 1797, S-119, B-40, R.3, MS62 Brown PCGS. Most or perhaps all surviving Mint State 1796 S-119, 1797 S-123, and 1797 S-135 cents are typically attributed to the Nichols Find. Dr. Sheldon wrote in Penny Whimsy that "David Nichols of Gallows Hill, near Salem, passed them out at face value." Numismatic tradition attributes the source to a cache of coins that originated with the Massachusetts politician Benjamin Goodhue (1748-1814). He served Congress as a Massachusetts senator from 1796 to 1800. This sharply defined example features excellent centering with olive, tan, and steel patina. A triangular area of darker toning at the upper obverse may aid future identification. PCGS Population for all 1796 Draped Bust varieties: 12 in 62 Brown (1 in 62+), 35 finer (6/26). HID06601242017 www.HA.com/TexasAuctioneerLicenseNotice
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