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Lot
5522

1793 1C Liberty Cap VF25 PCGS Secure. S-12, B-21, Low R.6....

2013 January 9-14 US Coin FUN Signature Auction - Orlando #1181

 
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Auction Ended On: Jan 10, 2013
Item Activity: 18 Internet/mail/phone bidders
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Location: Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:

1793 S-12, B-21 Liberty Cap Cent, VF25
Tied for Second Finest Known
Finest in Collectors' Hands
Ex: Garrett-Naftzger-Holmes
1793 1C Liberty Cap VF25 PCGS Secure. S-12, B-21, Low R.6. Breen Late Die State Plate Coin. Breen Die State III with heavy reverse swelling at CE. Del Bland grades this coin VF20 and tied for second finest known with a coin once in the Virgil Brand Collection. Bill Noyes also calls this piece tied for second finest known, and grades the coin VF25. The two coins are virtual twins, and the only finer piece is a VF35 example that has been part of the ANS Collection for more than half a century. This coin and the Brand specimen are therefore tied for the finest available to collectors.
This piece has an important provenance, and a delightful story shared by Dan Holmes about his acquisition of the coin at the 1990 EAC Sale in Orlando, Florida: "Opened: 3,200, I jumped to 20,000, then in 2's to 30,000, I jumped to 35,000 and won the lot. JLO underbidder."
Absolutely splendid glossy olive-brown surfaces exhibit splashes of dark chocolate on the reverse. In the Holmes catalog, Grellman suggested that this piece may have been lightly cleaned years ago, but if it was, it was so long ago that the patina today is natural and beautiful. A few tiny surface marks are evident on each side with a trivial rim flaw over the A in AMERICA. Our EAC grade VF25.
Ex: John Work Garrett; Johns Hopkins University (privately, 3/1973); John W. Adams (3/1973); Denis W. Loring (3/1973); R.E. Naftzger, Jr.; 1990 EAC Sale (5/1990), lot 17; Daniel W. Holmes (Goldberg Coins, 9/2009), lot 22.
From The Wes Rasmussen Collection.(Registry values: N7079) (NGC ID# 223L, PCGS# 1359)

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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.
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.
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