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1793 1C Liberty Cap VF30 PCGS. S-13, B-20, High R.3. Our EAC Grade Fine 15....
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Sold on Jan 10, 2014 for:
$44,062.50
Bid Source: Live: Floor bidder
Description
1793 S-13, B-20 Liberty Cap Cent, VF30
Ideal for Date Collectors
1793 1C Liberty Cap VF30 PCGS. S-13, B-20, High R.3. Our EAC
Grade Fine 15. Ex: Hesselgesser. Dr. Robert Hesselgesser is
best known for his collecting interest in early silver dollars, but
his numismatic interests are far-ranging, including collections of
large cents and Saint-Gaudens double eagles. This lovely Liberty
Cap cent combines olive and steel-brown surfaces with splashes of
golden-tan. Minor surface marks are consistent with the grade, and
they are mostly blended into their surroundings and
unobjectionable. A single scrape is noted behind the cap. Some
loose and removable dirt adheres to the reverse of this example.
Both sides have complete border beads, the reverse having wide
outer margins. This piece has the sharpness of VF20, and was graded
net VF20 in the Hesselgesser catalog.Breen Die State I. Perfect dies without the late state die bulge above the ribbon bow.
Commentary. The three rare dates of the early series are 1793, 1799, and 1804. The 1793 cents are further divided into the three major types, Chain, Wreath, and Liberty Cap. Of the latter, only 11,056 examples were minted, from six different die pairs. The most plentiful of those is the Sheldon-13, with a population estimated between 250 and 350 coins. That total represents roughly 65% of all known Liberty Cap cents. This variety is the ideal candidate for date collectors who seek a single representative of the 1793 Liberty Cap cents, or for type collectors who prefer first-year-of-issue coins.
Market Notes. Equal or finer examples of the 1793 Liberty Cap cent appear at auction about once a year, and usually only when major collections such as the Mervis Collection are dispersed. For all varieties, PCGS has certified three examples in VF30, and 20 finer, including just two Mint State pieces (11/13). As always, those population figures must be taken with a grain of salt, as resubmissions of a lesser number of pieces is likely the case.
Provenance. Dr. Robert Hesselgesser (Goldberg Coins, 2/2007), lot 257; Bowers and Merena (8/2009), lot 139.
From The Adam Mervis Large Cent Collection.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 223L, PCGS# 1359, Greysheet# 711)
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: 16
Lot Tracking Activity: N/A
Page Views: 1,540
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
Rasmussen Special Edition Catalog
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