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Lot
5084

1793 1C Wreath Cent--Vine and Bars--MS64 Brown PCGS. S-...

2004 August Pittsburgh, PA Signature Sale #352

 
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Auction Ended On: Aug 18, 2004
Item Activity: 13 Internet/mail/phone bidders
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Location: Pittsburgh, PA
Description:
The Brand-Bareford-Halpern 1793 S-10 Wreath Cent, MS64 Brown
1793 1C Wreath Cent--Vine and Bars--MS64 Brown PCGS. S-10, R.4. The Sheldon-10 variety is sometimes called the Injured Rim variety due to the die flaw at 3 o'clock on the obverse. This variety has been known since at least the late 1860s, and was depicted on the famous "Levick Plate" published in the American Journal of Numismatics in 1869. The first Wreath cents were coined in early April 1793 with the final coins struck in July. Based on the emission sequence for these coins, it is likely that this variety was produced in the middle of April. Walter Breen believed that the production date for this variety was April 13, and that the total mintage was approximately 3,000 coins.
This example is from Breen's Die State I, with a narrow rim break over UNITE clearly visible. All of the obverse beading at the die flaw is clearly visible. The strike was very nicely centered on the planchet with a wide border outside the beads on each side. Most details are sharply defined although the upper locks of hair near Liberty's forehead are rather bluntly struck. The reverse has similar weakness on the ribbon bow and ribbon knot exactly opposing the weak obverse details. Both surfaces have smooth and satiny light brown luster with tinges of original mint red still visible on the reverse. There are very few 1793 large cents with even a trace of the original mint color. This specimen is solidly in the Condition Census and is either the second or third finest known. In Walter Breen's Large Cent Encyclopedia, Del Bland recorded this as the second finest known.
Ex: Lorin G. Parmelee (New York Coin and Stamp Co., 6/1890), lot 672; Harlan P. Smith; Dr. Thomas Hall; Virgil Brand (1934); Horace Brand; New Netherlands Coin Co. (5/52); Harold Bareford (Stack's, 9/78), lot 501; Auction '83 (Stack's), lot 527; Herman Halpern (Stack's, 3/88), lot 11; E. Richard (Stack's, 10/89), lot 655; Auction '90 (RARCOA), lot 506; Andrew Lustig; Superior (2/91), lot 655; Silvano DiGenova; later pedigree not known.(#1347) (Registry values: N7079) (NGC ID# 223H, PCGS# 1347)

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