Lot 5
1793 S-3 R3- Chain AMERICA. PCGS graded MS-63 Brown. Levick Plate Coin. Lustrous uniform chocolate brown. A very attractive Chain Cent with choice surfaces and a flawless planchet. Satiny mint frost covers the protected areas on the reverse. There is a touch of friction on the highest points of the portrait while the reverse is virtually pristine and offers choice mint state eye appeal. The only marks are a tiny rim bruise under the 7 in the date and a dull pinprick low on the neck. Late die state, Breen state III, with strong die clashmarks on the obverse and subtle die bulges on the reverse. Called EF45 and tied for CC#6 in the Bland census. Noyes says AU55 net EF45 and tied for CC#6, but he does not list a photo of the coin and may not have seen it other than in a plated auction catalog. Our grade is AU50+, close to AU55. The obverse of this cent was pictured on the Crosby-Levick Plate of 1793 Cents published in the April 1869 issue of the American Journal of Numismatics. PCGS Population 5; 1 in 64 Brown; 1 in 65 Brown; 1 in 67 Brown. DWH #3532.
Estimated Value $150,000-UP.
Ex Colin Lightbody, Edward Cogan 12/1866:536-Mortimer Livingston Mackenzie, Edward Cogan 6/1869:624 (the first plated American auction catalog, a very significant milestone as it set a new standard that allowed collectors to better trace the pedigree of significant pieces such as this cent)-L. Bayard Smith-unknown-Arthur L. Gray-Ted & Arthur Brandts (Celina Coin Co.)-T. James Clarke 10/54-R. E. Naftzger, Jr., Abe Kosoff 4/56:4-Stack’s-Dorothy Nelson, Stack’s 2/76:3-Ed Hipps, Steve Ivy Numismatic Auctions 11/78:7-Robert E. Bender-1988 ANA Sale, Heritage 8/88:3-Tony Terranova-Kevin Lipton-Stack’s-unknown-American Numismatic Rarities 7/25/2003:105-Stack’s 7/27/08:1074-Steve Contursi (Rare Coin Wholesalers) 1/2009 (via Chris McCawley).
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| Realized $253,000 |
