Lot 1
1793 S-1 R4- Chain AMERI. PCGS graded VF30. Glossy light to medium chocolate brown delicately woodgrained with lighter brown toning on the obverse. The surfaces are smooth and show only a few trivial contact marks. The only notable mark is a very thin planchet fissure slanting from the rim left of the L in LIBERTY to the rim opposite the upper lip, as struck, and it blends nicely into the woodgrained toning. The reverse is absolutely choice in every respect. Nicely struck E-MDS, Breen state II, with a subtle bulge behind the 1 in the date and a more obvious bulge at the top of the U in UNITED, but there are no die clashmarks below the truncation. The date and legends are strong. A nice example of this famous variety. Our grade is VF20+, very close to VF25. Weight 192.0 grains. The AMERI. variety was the first regular issue coin struck in the United States at the new Philadelphia Mint, and as such it will always hold a special place in our numismatic history. The Vine & Bars edge device found on most 1793 cents comes in two distinct versions, herein called (a) and (b). The (a) version is found on all 5 die varieties of Chain Cents (Sheldon numbers 1-4 and the NC-1) and two varieties of Wreath Cents (Sheldon 8 and 9). All other varieties of Wreath Cents, including the extremely rare Strawberry Leaf varieties, are known only with the (b) version of the Vine & Bars edge device--although crossover examples may exist. The (a) version of the Vine & Bars edge device has the bars divided into two sections of 24 and 23 bars each, and the leaves on the vines are slightly smaller than those found on the (b) version. The bars on the (b) version of the edge device are arranged in two sections of 30 and 20 bars each, so it is easy to differentiate between the two, even on lower grade cents. Two varieties of 1793 Wreath Cents come with a Lettered Edge (Sheldon 11b and 11c). Mint records indicate there were a total of 36,103 Chain Cents of all die varieties produced, all struck in the first 2 weeks of March 1793. Researchers estimate that 3.1% of those have survived, a total of approximately 1100 pieces. The attribution and Neiswinter provenance are noted on the PCGS label. PCGS population 2; 6 finer for the variety at PCGS. Estimate Value $40,000 - UP
Ex Tony Terranova 1/2018-Jim Neiswinter Collection.
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