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Lot
3016

1793 Chain 1C AMERICA VF20 NGC. S-2, B-2, High R.4....

2011 December 8-11 US Coins Signature Auction- New York #1162

 
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Auction Ended On: Dec 8, 2011
Item Activity: 12 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:

S-2, B-2 1793 Chain Cent, VF20
AMERICA Reverse
1793 Chain 1C AMERICA VF20 NGC. S-2, B-2, High R.4. The first coins struck at the first U.S. Mint in Philadelphia were the Chain cents, and for as long as collecting American coinage has been a hobby, the type has been prized. As a fundamentally pleasing midrange representative of the spelled-out AMERICA reverse subtype, this is an important survivor. As with almost any 18th century U.S. coin that circulated, one could pick apart the coin, noting natural flaws such as a rim bump at the top of the obverse or a finely granular texture to deep mahogany surfaces tinged with olive. The wise collector, by contrast, will admire the reverse, which has bold links in the chain and few post-striking flaws aside from a dig below the T in CENT. MRB VG10.(Registry values: N4719) (NGC ID# 223F, PCGS# 1341)

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