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1793 Wreath Cent, MS61 Brown
Spectacular Condition Census Example, S-5, B-6
Ex: Clay, Parmelee

1793 1C Wreath Cent, Vine and Bars MS61 Brown NGC. S-5, B-6, Low R.4. The coin offered here is a Wreath cent of surpassing quality that traces its pedigree back to 1871. This example was a highlight in some of the most celebrated early large cent collections, and its status remains undiminished today. Currently, the piece occupies the 9th position in Walter Breen's Condition Census.
The auction history of this specimen begins with lot 700 of the Clay Collection, cataloged by William Strobridge in December 1871. Strobridge described another high quality 1793 cent in the preceding lot, and then reported:

"Another, same date and variety; struck on a planchet with small streaks on rev. side, but a beautiful impression, bearing the fine golden color left by the impression of the dies. A rare and desirable cent."

The present coin is easily recognized from Strobridge's terse description, and many catalogers have echoed his glowing opinion of the piece over the years. The S-5 variety is easily identified by the large letters in LIBERTY, and this specimen is from die state II, with the rim beginning to crumble over LIB. The pleasing surfaces are a glossy brown color, with delightful hints of red still evident on the obverse. A few minor abrasions and planchet voids can be detected on close inspection, none of which affect the grade. Population: 1 in 61 Brown, 25 finer (10/10). MRB AU50. Del Bland XF45.
Ex: Dr. Charles Clay Collection (William Strobridge, 12/1871), lot 700, realized $25; W. Elliot Woodward; Lorin G. Parmelee; Parmelee/Seavey Collection (Strobridge, 6/1873), lot 130, realized $26; William Festus Morgan; Sale Number 287 (Morgenthau, 6/1932), lot 7, realized $47; unknown intermediaries; Wayte Raymond; Sale Number 384 (Morgenthau, 12/1937), lot 335, realized $205; Frank Hussey; 54th Sale (New Netherlands, 4/1960), lot 1337, realized $490; Corrado Romano, unknown intermediaries; ANA Convention Auction (Stack's, 8/1976), lot 221, realized $2,200; Mike Follett Rare Coin Co.; Manfra, Tordella & Brookes; Medio and Gomez Collections (American Numismatic Rarities, 6/2004), lot 4029, realized $31,050.(Registry values: N7079) (NGC ID# 223J, PCGS# 1347)

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Auction Dates
December, 2010
Internet/Mail/Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 7,635

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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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