Lot 7
1793 S-5 R4 Wreath Cent with Large LIBERTY PCGS graded XF45, CAC Approved. Choice glossy steel brown and chocolate with frosty lighter brown and tan in protected areas. A very attractive Wreath Cent. The only marks, and they are not distracting, are a small rim bruise under the 17, a faint diagonal planchet lamination line in the field before the neck (as struck), and another lamination line that slants through the wreath ribbon just above the fraction (also as minted). Nicely struck EDS, Breen state I, before any crumbling at the border beads over LIBER. This is the only Wreath cent variety with the date and LIBERTY the same size as found on the Chain Cents. For this reason S-5 is considered to be the first Wreath Cent variety. The Vine & Bars edge device is the "b" version (see the description of the two Vine & Bars edge variants at Lot #1). Our grade is VF35. A beautiful early cent and it comes with a nice provenance. Mint records show there were 63,353 Wreath Cents struck (total for all 11 die varieties), and they were produced between April and July of 1793. Researchers have estimated that 4.6% of them have survived, a total of about 3000 pieces. Weight 208.5 grains. The attribution and Neiswinter provenance are noted on the PCGS label. PCGS population 1; 4 finer for the variety at PCGS. Estimate Value $25,000 - UP
Ex Burdette G. Johnson (St. Louis Stamp & Coin Co.)-Mary Cruzan, Spink's (London) 6/3/1997:90 ($6630)-Jack Wadlington 5/2005-Bob Grellman & Chris McCawley-Chris McCawley 4/2011-Jim Neiswinter Collection.
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| Realized $26,400 |
