Lot 219
1793 S-1 R4 Chain AMERI. Basal State-1. Glossy medium chocolate brown and steel. No roughness, essentially just heavily worn except for a script "G" that is neatly engraved into the center of the obverse. Otherwise there are just a few small, shallow planchet voids on the reverse and a few minor contact marks on both sides. LIBER remains visible and the portrait is mostly visible although faint. At least half of the chain remains visible and STATES is complete, which is fortunate since that's where a strong cud break connects TAT to the rim. An extremely rare terminal die state, Breen state VI, for our first large cent. The failure of this reverse die resulted in the introduction of the Chain AMERICA style reverse for all the Chain Cents that followed.
Estimated Value $4,000-UP.
Ex Northern Illinois Coin Co., 6/1981-John D. Wright, 2003 EAC Sale, McCawley & Grellman Auctions 4/26/2003:284-Daniel W. Holmes, Jr., McCawley & Grellman Auctions/Goldbergs 9/6/2009:2.
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