Welcome Sign-In | Register
Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 


Memorable 1793 Chain, Periods Cent, S-4, Late Die State
One of the Top Dozen Known for the Variety

1793 Chain 1C Periods XF45 PCGS. S-4, B-5, R.3. Die State III. This memorable example of the Chain, Periods Sheldon-3 variety ranks among the top dozen pieces known for the variety, with overall good appeal and pleasing planchet surface quality. The variety is easily distinguished by the periods that appear after both the date and LIBERTY. The date and LIBERTY are also closer on this variety than any other of the Chain variants. The L and B are low and nearly touching. Walter Breen's Encyclopedia of United States Large Cents notes that "on the obverse die, the hair is so differently treated from the rest as to suggest a different engraver. Perhaps this was a sample die by Joseph Wright leading to the engravership. Wright's 1792 pattern quarter obverse has a similarly soft treatment of the hair, and a period after LIBERTY. But if Wright did this, why is there no record of his part-time employment before appointment as engraver?"
This coin is in an extremely late die state for the variety. The rim break where the first two die cracks that Breen delineates come together is noticeably heavy. There is another crack visible all the way from RTY through BER and I to the rim (this last "faintly," as Breen says). The wavy raised lines before the mouth, chin, and neck, apparent die clashes from the chain, are bold. Although the beautiful surfaces are a pleasing medium-brown, there is a small retained planchet lamination from 2:30 to 3 o'clock, near the rim and just before Liberty's nose. Sufficient hair detail remains on the obverse that one can truly appreciate the designer's fine touch in Liberty's hair, which appears as individual strands that resolve into thick tresses.
The reverse, stronger as always, shows hints of muted mint red near the borders, and only a single tiny tick on the rim, above CA, requires singular mention.
This piece, certified in a green-label holder, ranks among the top dozen or so pieces known for the variety. EAC 35.(Registry values: P5) (NGC ID# 223F, PCGS# 91341)

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

Glossary of Terms

Auction Info

Auction Dates
August, 2007
Internet/Mail/Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 586

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

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.

Heritage membership

sold in the last year

Join Now - It's Free

  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

Consignments wanted

Only 15 days left to consign to the 2015 December 3 - 7 Houston Money Show US Coins Signature Auction - Houston!

Learn about consigning with us

Due completely to Heritage's thoroughly diligent and professional management and promotion of the collection, the faraday Collection stirred national attention among numismatists and the auction results brought a gross value greater than that last estimated by the experienced collector.
The Estate of David M. Faraday ,
San Rafael, CA
View More Testimonials receives more traffic than any other auction house website. To compare for yourself, visit:

Video tutorial

Getting the most out of search

Recent auctions

2015 September 17 - 20 Long Beach Expo US Coins Signature Auction - Long Beach
2015 September 17 - 20 Long Beach Expo US Coins Signature Auction - Long Beach
REALIZED $11,642,180
2015 September 17 - 22 LB Expo World Coins Signature Auction - Long Beach
2015 September 17 - 22 LB Expo World Coins Signature Auction - Long Beach
REALIZED SO FAR $5,258,388
2015 September 17 - 21 LB Expo World Currency Signature Auction - Long Beach
2015 September 17 - 21 LB Expo World Currency Signature Auction - Long Beach
REALIZED $1,015,415

© 2015 Heritage Auctions | All Rights Reserved