As part of its Sept. 6 to 12 auctions held during the recent Long
Beach Coin, Currency, Stamp & Sports Collectible Show, Heritage
offered The Padula Family Collection of Large Cents. The top coin in
that collection — the fifth finest of 10 known 1795 Flowing Hair,
Reeded Edge cents — brought $192,000, but the collection of nearly 400
large cents had something for all budgets.
Here is one of three of the 32 1800 Draped Bust cents included in
the Padula Collection, showing the diversity of early U.S. large
cents, a collecting area that offers history at varying price points:
1800 Draped Bust cent, S-197, Very Fine 25
Many coin varieties have nicknames, like this 1800 Draped Bust cent,
Sheldon 197, that is called the “Q” variety since there are die chips
at the first 0 of the date that give it the rough appearance of the
letter “Q.” Heritage observes that the example in the Padula
Collection, graded PCGS Very Fine 25, has “well-blended scratches
below the bust but otherwise smooth and pleasing surfaces.” It sold
for $780, consistent with what a common example of this date would
bring, since the variety, while popular, is readily available.
Make your ‘worthless’ note worth something
Have you noticed the weapons depicted on early American notes?
John Kraljevich Jr. puzzles over what’s generally missing from that
arsenal, in his “Collecting Paper” column.
It was formerly part of the Robinson S. Brown Jr. Collection that
sold at a 1996 Superior auction, and prior to that was owned by G. Lee
Kuntz and Del Bland. Members of the club Early American Coppers love a
coin with a provenance — an ownership history — that includes stints
in prominent collections. After the Heritage sale in Long Beach, the
Padula Collection will join this coin’s list of prominent pedigrees.
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