LOT #4013 |
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1793 1C Chain, AMERI., S-1, B-1, R.4, VF30 PCGS....
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Sold on Jan 11, 2024 for:
$48,000.00
Bid Source: HA.com/Live bidder
Description
1793 S-1, B-1 Cent, VF30
The Famous Chain AMERI. Variety
1793 1C Chain, AMERI., S-1, B-1, R.4, VF30 PCGS. Ex:
Neiswinter Collection. Breen Die State III. Faint clash marks are
noted below Liberty's bust and a slight bulge is seen over the U in
UNITED. This is an exceptional mid-grade example of the first large
cent variety that was struck in early 1793 at the fledgling
Philadelphia Mint. These were the first coins struck for
circulation within the physical Mint building. Walter Breen
suggested in his Large Cent Encyclopedia that the Chain
AMERI. cents were struck between February 27 and March 1, and
delivered to the Mint treasurer on the latter date, along with some
examples of the next variety, S-2, although that is undocumented.
He further suggested a "mintage" of just 6,350 coins. There are no
original Mint records that confirm mintage figures of individual
die varieties. However, the number that survive today compared to
the survival of other varieties suggests that Breen's figures are
reasonably accurate. Despite a few scattered marks that are mostly
on the obverse, this example is delightful for the grade with
wood-grained tan, chocolate, and steel toning on the obverse and
chocolate-brown on the reverse. A thin line of planchet lamination
crosses the upper obverse as struck. Only one variety was struck
from the reverse die with the AMERI. abbreviation in the legend.
This is an important opportunity for the advanced variety
collector, the Guide Book collector, or the Mint history
aficionado.Ex: Anthony J. Terranova; Jim Neiswinter.
Coin Index Numbers: (NGC ID# 223G, Variety PCGS# 35432, Base PCGS# 1340, Greysheet# 76717)
Weight: 13.48 grams
Metal: 100% Copper
Auction Info
2024 January 10 - 14 FUN US Coins Signature® Auction #1371 (go to Auction Home page)
Auction Dates
January, 2024
10th-14th
Wednesday-Sunday
Bids + Registered Phone Bidders: 25
Lot Tracking Activity: N/A
Page Views: 1,443
Buyer's Premium per Lot:
20% of the successful bid per lot.
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