There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid
:
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
5520

1793 1C Wreath, Vine and Bars Edge, S-9, B-12, R.2, MS66+ Brown PCGS Secure. CAC....

2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago #1208

 
Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Aug 7, 2014
Item Activity: 10 Internet/mail/phone bidders
1,575 page views
Location: Donald E. Stephens Convention Center
5555 N. River Road
Rosemont, IL 60018
Description:

1793 S-9 Wreath Cent, MS66+ Brown
Vine and Bars Edge

The Finest Known S-9 Cent
1793 1C Wreath, Vine and Bars Edge, S-9, B-12, R.2, MS66+ Brown PCGS Secure. CAC. This amazing 1793 S-9 Wreath cent is tied with one other piece for the finest known, according to the Bland census, and it stands alone as the finest example in the Noyes census. The bright and glossy surfaces exhibit slight reflectivity in the fields, supplying a medallic appearance with needle-like design definition, unobstructed by abrasions or other post-strike imperfections. Medium brown patina retains considerable original orange mint color with a tiny spot below the chin that will aid future identification. The last auction appearance a decade ago identified this piece as the Crosby plate coin. However, it is clearly not that coin as this piece is an early die state and the Crosby plate coin is a late die state. The differences are obvious.

Conventional numismatic wisdom states that 63,353 Wreath cents were struck, mostly in April 1793, and some as late as early July. It is unlikely that any Wreath cents were coined in early March at the time the Chain cents were minted. More likely is the possibility that a small number of Wreath cents were struck in September and delivered with the Liberty Cap cents on September 18. Walter Breen's correlation of delivery dates and varieties is irrelevant for the reasons discussed in the 1793 S-2 cent description, above.

Del Bland grades this piece MS63 and Bill Noyes grades it MS65. A case could be made for either grade per EAC standards. We agree with the MS63 grade. The Grading Guide for Early American Copper Coins was published earlier this year and released at the EAC annual convention in May. For MS63 18th century copper coins, the requirements are:

"The mint luster is full and attractive. The color is original and is light brown to red-brown (Mellowing from the original mint red). The eye appeal is above average."


Bland records 28 Mint State Wreath cents in his census of the early cents, including just two finer examples and five others that he grades MS63, including this coin. Noyes assigns Mint State grades to just 18 Wreath cents, and only one piece is graded finer in his census. Four others are called MS65 in the Noyes listing, including this piece.

PCGS and NGC have certified 65 Mint State Wreath cents, including nine that grade 66. However, this piece is the only example with the Plus designation, and only five finer submissions are certified at the two grading companies (6/14). Here is an extraordinary opportunity to acquire a remarkable representative from the first year of regular issue United States coinage. Our EAC grade MS63.
Ex: Sylvester S. Crosby; Virgil M. Brand (2/7/1941); B.G. Johnson; Oscar Pearl (Numismatic Gallery, 1944 FPL), lot 7; Charles M. Williams (Numismatic Gallery, 11/1950), lot 10; R.E. Naftzger, Jr. (New Netherlands, 11/1973), lot 330; Dr. Fred Yee; World Wide Coin Co.; Steve Ivy Rare Coin Co.; Bowers and Ruddy Galleries; Dr. Herbert I. Ketterman; Auction '82 (Rare Coin Company of America, 7/1982), lot 510; James A. Hayes; RARCOA; Anthony Terranova; Alex Acevedo; Anthony Terranova; R.E. Naftzger, Jr. (2/23/1992); Eric Streiner; Jay Parrino (The Mint); ANA Sale (Heritage, 8/1998), lot 5852; Haig A. Koshkarian (American Numismatic Rarities, 3/2004), lot 8.
From The Collection of Oliver Jung. (Variety PCGS# 35459, Base PCGS# 1347)

View all of [The Collection of Oliver Jung ]
View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

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.
Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




Videos:
FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
885,892
bidder-members
$989,597,437
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Only 38 days left to consign to the 2015 January 4 - 5 NYINC World Coins & Ancient Coins Signature Auction - Waldorf NYINC!
Learn About Consigning With Us
Heritage has been my number ONE choice for both buying and selling…
J.Q.,
Reston, VA
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach
2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach
REALIZED $13,440,846
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
REALIZED $9,116,628
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,847,114