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Sale 54
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Lot 1
1793 S-1 R4 Chain AMERI. PCGS graded AU-58. Beautiful glossy chocolate brown with bluish steel overtones in the fields and peeps of original mint red in protected areas on both sides. The fields are smooth and prooflike with all the fine details needle-sharp thanks to the very early die state. Just a hint of very light friction on the highest points of the hair from mint state. This cent offers outstanding eye appeal and the color is about the most attractive you will ever encounter on a 1793 Chain Cent. There are a few minor contact marks, including a thin diagonal nick on the 3 plus two smaller ones above the 3, plus a dull horizontal nick-like mark on the cheek just left of the mouth, as struck, and a pair of faint parallel diagonal hairline scratches on the forehead. The reverse is nearly pristine, the only notable defect being a small planchet chip below the O in OF, and this chip contains traces of dark planchet impurity in its bottom, as struck. EDS, Breen state I, before the small bulge forms under the 1 in the date. A sharp, very attractive cent, and the eye appeal is enhanced by the reflective fields and traces of original mint color. Graded AU50 by Noyes and Bland, and tied for CC#3 in both census lists (Noyes photo #28733). Removed from an NGC slab graded MS62 Brown (NGC label included). Our grade is AU55. A beautiful example of this American numismatic classic. PCGS Population 1; 1 in 61 at PCGS for the variety. A total of 2 pieces graded at PCGS. DWH #2413.
Estimated Value $100,000-UP.
Ex Europe-Sotheby Parke Bernet #3695, 11/1974:59-Mike Brownlee-Kenneth Goldman-Julian Leidman and Stanley Kesselman-R. E. Naftzger, Jr., 12/11/86-Herman Halpern, Stack's 3/16/88:1-Tony Terranova-Bowers & Merena FPLs 1988 & 1989-Kenneth Goldman and Tony Terranova-Martin Paul (The Rarities Group)-Heritage 10/90:452-Martin Haber (South Miami Rare Coins)-Tony Terranova-Dr. Haig Koshkarian, American Numismatic Rarities (ANR) 3/9/2004:7 (via Tony Terranova) 4/04.
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| Realized $368,000 |
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