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Lot 1502 |
1793 1C Wreath Cent, Vine and Bars MS64 Brown PCGS....
2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114
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Bid Information
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For example: On Tuesday, you bid $1500 against Bidder A's Maximum Bid of $1000, raising Current Bid to $1100. Then on Thursday, Bidder B, seeing a Current Bid of $1100, guesses the final price and decides to bid $1501, outbidding your Maximum Bid by $1. You would now have to bid $1600 through Heritage Internet bidding or $1550 on Heritage Live (if available for the auction) to possibly win that lot. Next time, maybe you'll bid $1502 and outbid Bidder B by $1!
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What's This?
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What's This?
The owner of this item has indicated that they would sell this item at the amount, although their acceptance of your offer is required before the item can be purchased.Our Auction Results Archives now allow our members to make anonymous offers on items that may not be auctioned again for some time. Please note that the winner of this Heritage auction lot may or may not still own this item and may or may not be willing to sell.
This Make Offer to Owner (MOTO) program is still in the Beta Test phase, and we would appreciate any suggestions to help us improve our system. Please email your suggestions to Webmaster@HA.com.
Heritage retains 10% of the total price as its commission (compared with a 12%-25% Buyer's Premium charged on auction transactions), from which Heritage absorbs all credit card/PayPal costs. This service is free to the buyer (no Buyer's Premium), includes a 7 day return policy, and protects the identity of both parties. Because no Buyer's Premium is charged on Make Offer to Owner transactions, auction consignment discount coupons are invalid.
Our software allows offers and counter-offers, but we suggest making your best offer the first time as most owners will not respond to low offers at all. You will receive a response or no-response email from Heritage within 72 hours.
BP - Buyer's Premium
A Buyer's Premium will be added to each successful bid. For this sale: 15% of the successful bid (minimum $9) per lot. Please see #2 in our Terms & Conditions.Not Sold
This indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.Opening Bid
The opening bid is the minimum amount required to begin bidding, and is generally a percentage of the low estimate.| Sold for: |
$143,750.00
(includes BP ) Bid Source: Live: Floor bidder |
| Auction Ended On: | Jul 31, 2008 |
| Item Activity: |
15 Internet/mail/phone bidders
3,669 page views |
The Wreath cents are known with a Vine and Bars edge design, like the earlier Chain cents, and also with a Lettered edge, like the later Liberty Cap cents. All eight die varieties of the Vine and Bars edge coins are interlinked in a combination of five obverse dies and four reverse dies. Of course, the rare Strawberry leaf cents, which also have a Vine and Bars edge, are not linked to any of the other Wreath cents. Careful study of die states has shown that the Vine and Bars edge Wreath cents were issued in the following order: S-5, S-6, S-7, NC-5, S-10, NC-4, S-9, and S-8. Breen believed that the S-8 Wreath cents were part of the delivery of 8,000 coins struck on April 27-28, and delivered on April 28. He also wrote that the reverse die was similar to reverse B of the 1793 half cents, possibly made about the same time. The problem with the timing is that the half cent dies were finished about July 15, after all Wreath cents had been coined.
After the Chain cents were discontinued in March 1793 due to public criticism of the "Liberty in chains" design, new dies were created for the Wreath cents. The new design was introduced with the cent deliveries of April and July 1793. The first Wreath cents were delivered on April 9, with about 53,000 pieces coined during the month. The final 12,000 coins were delivered in July 1793. R.W. Julian writes about the Wreath cent: "The new obverse and reverse dies, which were put into service early in April, were a dramatic improvement over the chain-cent dies. The head of Liberty is much better, although the hair is still too high in relief and not well modeled. The reverse now has a wreath, with numerous tiny berries; it has been described as somewhat cluttered, which is true, but still the improvement was as dramatic as the obverse."
The actual engraver of the Wreath cent dies remains unidentified. Various individuals have been named as candidates over many years. They include: Adam Eckfeldt, Henry Voigt, Robert Birch, Joseph Wright, and Robert Scot. In April, when the dies were being prepared, neither Joseph Wright nor Robert Scot had been hired. Adam Eckfeldt was not a trained artist, rather he was a mechanic and blacksmith. Robert Birch and Henry Voigt most likely worked together on the Wreath cent dies.
Graded XF45 by Bill Noyes and AU55 by Del Bland, we feel that AU50 is the appropriate EAC based grade. The sharpness is easily that of AU55, with a slight discount for minor reverse rim disturbances over NI of UNITED and ME of AMERICA. Impressive surfaces have considerable luster with light golden-brown on the obverse and darker chocolate-brown on the reverse. EAC 50.
From the Joshua Collection.(Registry values: N7079) (#1347)
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Service and Handling Description: Coins & Currency (view shipping information)
Sales Tax information | PCGS Guarantee of Grade and Authenticity | Terms and Conditions
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Rasmussen Special Edition Catalog
This hard bound volume contains the magnificent Wes Rasmussen Large Cent Collection, formed by a former President of the Early American Coppers society which was auctioned at the 2005 Florida United Numismatic Auction. Reserve your copy of this remarkable volume for just $75 today. |
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Rasmussen Signed Limited Edition Catalog
A hard bound limited library edition of the Wes Rasmussen Collection Catalog, signed by Wes Rasmussen, Mark Borckardt, Greg Rohan, and Denis Loring, is available while supplies last. Only 100 produced. Reserve your copy of this remarkable limited edition signed volume for just $150 today. |
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 394, Lot 3017 | Saturday, January 7, 2006 | 64 | PCGS | $97,750.00 |
| Auction 352, Lot 5084 | Saturday, August 21, 2004 | 64 | PCGS | $138,000.00 |
| Auction 133, Lot 5008 | Saturday, March 4, 1995 | 64 | NGC | $25,300.00 |
| View prices realized from this item in other grades (you must be signed in) | ||||
PLEASE NOTE:
All prices realized reflect the final hammer price PLUS the buyer's premium
in auctions that charge a buyer's premium.
Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium.
All information listed is intended to be as accurate as possible, but errors are possible.
Please use this guide carefully and inform us of any inaccuracies.
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BP - Buyer's Premium
A "Buyer's Premium" is charged in addition to the successful bid according to the rate defined in our terms and conditions.| Source | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Unconfirmed | Tuesday, March 29, 2011 | 64 | PCGS | $143,750.00 |
| Unconfirmed | Sunday, September 14, 2008 | 64 | PCGS | $224,250.00 |
| Unconfirmed | Wednesday, November 6, 2002 | 64 | PCGS | $36,800.00 |
| PLEASE NOTE: Heritage has not verified this data, which represents the sale or auction of an item from a third party (and includes the Buyer’s Premium where applicable). All information listed is intended to be as accurate as possible, but it has been taken from sources that may or may not be reliable and errors are possible. Please use this guide carefully and inform us of any inaccuracies. | ||||
| Grade | Coin World (Coin Values) |
Numismedia Retail |
Numismedia Wholesale |
Numismedia NGC (nmn) |
Numismedia PCGS (nmp) |
PCGS Price Guide |
PCGS+ |
|---|---|---|---|---|---|---|---|
| 63 | --- | $68,130 | $54,500 | $49,500 | $50,000 | $130,000 | $140,000 |
| 64 | --- | $156,250 | $125,000 | $115,000 | $115,000 | $185,000 | $215,000 |
| 65 | --- | $200,000 | $160,000 | $142,500 | $147,500 | $300,000 | $325,000 |
| *All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information. | |||||||
| Service | Grade | Population in this Grade | Population of Higher Grade | Population in All Grades | + | Mintage | Engraver |
|---|---|---|---|---|---|---|---|
| PCGS | Not available from PCGS | 63,353 | Henry Voigt | ||||
| NGC | 64 | 9 | 4 | 178 | - | ||
| CAC | 64 | 1 | 0 | 34 | - | ||
| *This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions. | |||||||
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