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Lot
30020

1793 1C Wreath Cent, Vine and Bars MS64 Brown PCGS. CAC. S-9, B-12, R.3. Our EAC Grade AU58. ...

2014 June 23 The Eugene H. Gardner Collection of US Coins Signature Auction - New York #1213

 
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Auction Ended On: Jun 23, 2014
Item Activity: 10 Internet/mail/phone bidders
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Location: Ukrainian Institute of America at The Fletcher-Sinclair Mansion
2 East 79th Street
New York, NY 10075

Description:

1793 S-9, B-12 Wreath Cent, MS64 Brown
Condition Census Example
1793 1C Wreath Cent, Vine and Bars MS64 Brown PCGS. CAC. S-9, B-12, R.3. Our EAC Grade AU58. Faint rub on the high points of the hair prevents a Mint State grade in our opinion, although Del Bland and Bill Noyes suggest otherwise. This splendid cent exhibits pleasing golden-brown and olive surfaces with a few darker splashes on each side. The reverse has a splash of orange mint color.

Variety: Sheldon-9, Breen-12. Breen's Die State IV. The reverse cracks through R and IC are beginning to strengthen, and the obverse cracks on Liberty's neck, cheek, and temple are beginning to develop. This is an intermediate die state, with nine distinct die states recorded in Walter Breen's Encyclopedia of United States Large Cents.

Population Data (5/14): PCGS has certified 42 Mint State Wreath cents of all varieties, and among those are nine examples certified MS64 Brown, with 16 finer. At NGC the totals are 23 Mint State pieces with just five finer examples.

Heritage Commentary: Del Bland grades this piece MS61 and lists it as tied for third finest in his census. Noyes grades the coin MS62 and fourth finest. Our own EAC grade of AU58 keeps this lovely piece among the top dozen per Bland, or among the top eight per Noyes.

Provenance: Philip G. Straus (Stack's, 5/1959), lot 116; Dr. E. Yale Clarke (Stack's, 10/1975), lot 39; Larry Whitlow; Bowers and Ruddy Galleries; later, John Love; Martin Paul; Anthony Terranova; Stack's (1/1992), lot 309; Reed Hawn (Stack's,10/1993), lot 5; Eric Streiner; Stack's (1/1998), lot 1000; Stack's (10/2006), lot 2546.(Registry values: N7079) (NGC ID# 223H, PCGS# 1347)

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