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1793 1C Wreath, Lettered Edge AU58 PCGS. S-11c, B-16c, Low R.3. Our EAC Grade XF45....
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Sold on Jan 10, 2014 for:
$64,625.00
Bid Source: Live: Floor bidder
Description
1793 S-11c, B-16c Wreath Cent, AU58
Ex: Husak Collection
1793 1C Wreath, Lettered Edge AU58 PCGS. S-11c, B-16c,
Low R.3. Our EAC Grade XF45. Ex: Husak Collection. A splendid
piece with Average surfaces according to Bill Noyes, but perhaps
deserving an Above Average designation. Both sides retain
considerable luster with pleasing light brown color and iridescent
blue toning. A small dark stain is evident at the lower right
obverse. A thin diagonal line of lamination can be seen through the
center reverse.Breen Die State III. A remarkable example with heavy clash marks at Liberty's neck and in the right field. Virtually all of AMERICA can be read in the obverse field.
Commentary. The obverse is illustrated in Early American Cents and Penny Whimsy. The obverse and reverse are illustrated in Noyes (2006). S-11a, 11b, and 11c are considered separate subvarieties, each struck from the same die pair with different edge devices. It is believed that the three subvarieties were the last Wreath cents coined, in early July 1793. The Lettered Edge of S-11c continued to the Liberty Cap series. On July 6, 1793, the coiner delivered 11,825 coins to the treasurer. One additional delivery of 176 coins was dated July 17, 1793. In the past some have speculated that the Strawberry Leaf cents were the odd 176 coins delivered July 17. Breen pointed out the Vine and Bars Edge of those coins, asking why they would have been produced after all of the Lettered Edge coins were struck.
In Early American Cents, Sheldon described a scene from one of the Chapman brothers, probably Henry, who actually employed Sheldon for a period of time: "Chapman used to have a special box in which he kept quantities of 3-C's, 9-H's, and 11-J's [Sheldon-3, 9, 11], and this was always the first box brought out for prospective customers who 'wanted to see some 1793 cents.' More carefully guarded stocks were brought forth only if the customer displayed enough knowledge of the coins to warrant such a courtesy."
Market Notes. In addition to a single Mint State specimen, about a dozen pieces grade XF or AU, per Noyes. This piece ranks at the low end of the traditional Condition Census, consisting of the six finest examples of each variety.
Provenance. Oscar Pearl (Numismatic Gallery FPL, 1944), lot 11, $625; Walla Walla Coin Co.; Robert Burggraff (6/1963), lot 558; Jonah Shapiro; Lester Merkin (10/1966), lot 91, $3,200; Herbert Oechsner; Lelan Rogers; Jonathan Kern (2/1994); Dr. Thomas Turissini; Walter Husak (Heritage, 2/2008), lot 2012.
From The Adam Mervis Large Cent Collection.
Coin Index Numbers: (NGC ID# 223J, Variety PCGS# 35477, Base PCGS# 1350, Greysheet# 76730)
Weight: 13.48 grams
Metal: 100% Copper
Auction Info
2014 January 10 The Adam Mervis Large Cent Collection FUN Signature Auction - Orlando #1200 (go to Auction Home page)
Auction Dates
January, 2014
10th
Friday
Bids + Registered Phone Bidders: 31
Lot Tracking Activity: N/A
Page Views: 1,750
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
Rasmussen Special Edition Catalog
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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
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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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