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1793 1C Wreath, Vine and Bars, AU50 PCGS. CAC. S-6, B-7, R.3. Our EAC Grade XF40. ...

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

 
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Auction Ended On: Jan 4, 2012
Item Activity: 13 Internet/mail/phone bidders
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Location: Orange County Convention Center
North/South Building
9899 Universal Blvd.
Hall SB - South Building
Orlando, FL 32819

Description:

1793 Vine and Bars Wreath Cent, AU50
S-6, B-7, The Sprung Die
1793 1C Wreath, Vine and Bars, AU50 PCGS. CAC. S-6, B-7, R.3. Our EAC Grade XF40. Y over Forelock / Compact Bow. The Y in LIBERTY is over the forelock, a feature only found on S-6. Every other obverse die among the Wreath cents has either the R or the T over the forelock. The small or compact ribbon bow of this reverse die is found on S-5, S-6, S-7, and NC-5.

Emission Sequence of the Wreath Cents
The Wreath cent series begins with a long run of die-linked varieties including all die pairs except the Strawberry Leaf cents and the last die pair with its three different edge types. The vexing issue is how to order the three different unrelated groups. The long group of die-linked varieties is placed first, as the large letters of LIBERTY on the S-5 are similar to those of the Chain cents. The S-11 cents are placed last, since the lettered edges are also found on the Liberty Cap cents. Finally, the Strawberry Leaf cent varieties are placed in the emission sequence between the others, although that order is unproven.
There is little difference in die states of the first reverse used for S-5, S-6, S-7, and NC-5. Most students of the series place S-5 first due to its similarity to the Chain cents. The NC-5 is placed last, as its obverse die is also paired with another reverse. The order of S-6 and S-7 remains speculative.
The unique NC-5 has an obverse die that also appears on S-10, and the reverse die of S-10 was also used for the extremely rare NC-4 featuring the Horizontal Stem obverse. That obverse remained in use for S-8 and S-9. Sheldon placed his number 8 first, while Breen placed S-9 first. In that group, NC-4 is placed first because of its previous reverse die appearance. Obverse die cracks first appear on S-9 and appear more advanced on S-8, confirming Breen's sequence.
The Strawberry Leaf cents, NC-2 and NC-3, share a common obverse with different reverse dies. The low grades of survivors as well as the extremely limited population of just four examples of the two varieties combined prevent a determination of the striking order.
The S-11 cents are known with three different edge types, Vine and Bars, Single Leaf Lettered, and Double Leaf Lettered. Those with Vine and Bars are labeled S-11a and apparently came first, as all surviving examples are in the earliest die state. Apparently freshly produced blanks were being edge-stamped when one of the edge bars broke, necessitating replacement. The new edge bar had two leaves rather than one, and edging continued. All Lettered Edge varieties were struck simultaneously from a mixed group of planchets. The Single Leaf edge device continued with the Liberty Cap cents.

The Loring 1793 S-6 Cent
Breen Die State IV. The bulge is prominent through the left obverse field and hair to the jaw, and a crack is evident along the bulge, continuing into the right field from the lower lip. A faint crack described in the next die state is present, but the cataloger now believes that is a flaw present to some degree on all examples of the Sprung Die variety. The Loring specimen appears in the ninth spot in the Noyes census. The centering is slightly imperfect, although the beaded border on each side is completely visible. The surfaces display an attractive blend of olive-brown and steel patina with a few splashes of deep mahogany. Scattered handling marks on each side are consistent with the grade.
Ex: Denis W. Loring. No prior provenance is recorded.
From The Denis W. Loring Collection of 1793 Large Cents.(Registry values: N4719) (NGC ID# 223H, PCGS# 1347)

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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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