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1793 1C Wreath Cent, Vine and Bars MS64 Brown PCGS. S-8, B-13, R.3....
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Sold on Jan 10, 2013 for:
$129,250.00
Bid Source: HA.com/Live bidder
Description
1793 S-8, B-13 Wreath Cent, MS64 Brown
Census Level Specimen
1793 1C Wreath Cent, Vine and Bars MS64 Brown PCGS. S-8, B-13,
R.3. The emission sequence of a group of die varieties states
the order in which they were actually minted. That sequence is
determined through careful study of the die states for the
different obverse and reverse dies. In the case of the Wreath
cents, there is some confusion regarding the proper sequence of
production. One variable that is almost never considered when
studying die states and attempting to determine the proper order of
production is the number of coinage presses in use. Most studies
assume that only one press was used. However, a second or third
press used simultaneously will substantially alter the die state
study and change any proposed emission sequence.A single reverse die was used for S-5, S-6, S-7, and NC-5. That reverse may have been in one coinage press, with four different obverse dies used in that press. Meanwhile, a single obverse die was used for S-8, S-9, and NC-4, used with three other reverse dies, and they might have been used in a second coinage press. One additional obverse die was used in both presses, creating NC-5 with the reverse in the first press, and S-10 with one of the reverse dies from the second press. These two paragraphs may seem confusing, but then the study of early mint processes was little documented, and can only be reconstructed through examination of the actual coins that still exist today. Hopefully some who read this will be intrigued and may wish to continue the study.
This impressive Choice Mint State 1793 Wreath cent has highly lustrous chestnut-brown surfaces with faint traces of mahogany toning and few marks of any kind, save for tiny rim nicks outside the beaded border at 7 o'clock on the reverse. This stunning specimen ranks quite high in the condition census and is destined for a top-level collection. Our EAC grade AU55.
Ex: Heritage (2/1994), lot 6678; Bowers and Merena (5/1994), lot 1147; Heritage (3/1995), lot 5008; Jay Parrino (The Mint, 4/16/1996); W. M. "Jack" Wadlington; Chris Victor-McCawley.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 223H, PCGS# 1347, Greysheet# 1220)
Weight: 13.48 grams
Metal: 100% Copper
Auction Info
2013 January 9-14 US Coin FUN Signature Auction - Orlando #1181 (go to Auction Home page)
Auction Dates
January, 2013
9th-14th
Wednesday-Monday
Bids + Registered Phone Bidders: 29
Lot Tracking Activity: N/A
Page Views: 2,851
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
Rasmussen Special Edition Catalog
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Rasmussen Signed Limited Edition Catalog
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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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