Lot 13
1793 S-7 R6- Wreath Cent, Vine & Bars Edge PCGS Genuine VF Details Tooled. Recolored glossy light olive and steel brown. Sharpness Very Fine to Extremely Fine but microscopic roughness covers all but the highpoints of the devices, which are smooth. There are tiny pits scattered over the right side of the obverse, and both sides have been lightly smoothed to minimize the roughness. No verdigris. The best identifying mark is a small planchet chip off the end of the ribbon left of the fraction. MDS, Breen state III, with an obvious bulge through the 179 but no die cracks. (Only 2 examples are known in the late die state with a crack through the R in LIBERTY to the forelock.) This was the last collectable die variety of 1793 to be discovered. Sylvester Crosby discovered two low-grade examples in a group of 75 well-worn 1793 cents sent to him from an unrecorded source in Philadelphia in 1878. His discovery came just in time to be noted on page 36 in Edouard Frossard's 1879 Monograph of United States Cents & Half Cents. Graded VF25 sharpness net F15 and tied for CC#3 by Del Bland. Bill Noyes says VF25 sharpness net VG10 and tied for CC#5, his photo #28613. Dr. Sheldon graded this piece VF30 in Early American Cents and he listed it at VF20 and tied for third finest in Penny Whimsy. Our grade is VF30 sharpness net F15. Regardless of the "correct" grade, this is an important example of a very rare variety. The S-7 is tied with the S-12 for being the third rarest collectable variety of the year (behind the S-15 and S-16) with about 30 known. And this piece comes with a very impressive provenance. The attribution and Neiswinter provenance are noted on the PCGS label. Weight 212.1 grains. Estimate Value $27,500 - UP
Ex David Proskey-Henry C. Hines-Carl Wurtzbach 1945-Dr. William H. Sheldon-Dorothy I. Paschal (via Ray Chatham)-Robinson S. Brown, Jr., Superior 9/30/1986:8-Herman Halpern, Stack's 3/16/1988:8-Jim Neiswinter Collection.
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| Realized $17,400 |
