1797 Early Cent (1797 1C) PCGS AG03 CAC. This Large Cent variety of 1797 is graded AG-03. LIBERTY and the date are readable on the obverse, and the reverse design details are visible but worn. CAC confirms the grade, which means that the coin meets stringent standards for quality within the grade. The surfaces are clean for the grade with no major distractions or porosity.

The Draped Bust Large Cent was designed by Robert Scot. It shows a draped portrait of Liberty in profile facing right. Above is LIBERTY and below is the date. The reverse shows an open wreath tied at the bottom with a ribbon. Within the ends of the ribbon is the fraction 1/100, indicating the denomination. Also within the wreath are the words ONE CENT, written on two lines. UNITED STATES OF AMERICA is around the periphery of the reverse. The “gripping“ appears to be a series of irregular indentations on the edge of the coin. They are also called “gear-toothed” indentations. Both the Plain Edge and the Gripped Edge coins of 1797 were mated with the reverse of 1796.

Robert Scot’s ability to make dies was limited, and he was advanced in years with failing eyesight. His work was somewhat less than that done in Europe at the time, and Scot was criticized for its poor quality. He was responsible for designs of most of America’s first coins. These include the Flowing Hair and the Draped Bust motifs used on the early silver coins, and the gold quarter eagle, half eagle and eagle. Scot also designed the 1794-1797 half cent, the 1800-1808 draped bust half cent, and the Thomas Jefferson Indian Peace Medal. Scot died on November 1, 1823 and was succeeded by William Kneass as Chief Engraver.

In its population report as of November 2011, CAC shows only this piece in AG-03 with none better.