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    Description

    1793 Cohen-3 Half Cent, MS65 Brown
    CAC, Ex: Missouri Cabinet-Pogue
    Breen Encyclopedia Plate Coin
    Stunning Condition Census Example

    1793 1/2 C C-3, B-3, R.3, MS65 Brown PCGS. CAC. Ex: Missouri-Pogue. The Pogue-Simpson Cohen-3 half cent, formerly the finer of the two Missouri Cabinet specimens, is within the Condition Census of all known 1793 half cents, regardless of variety. Moreover, it is believed to be the second finest known example of the Cohen-3 die pairing. Walter Breen's Condition Census of C-3 half cents lists this piece second, with only the Clarke-Williams coin finer. The same is true of the PCGS Condition Census.

    The Cohen-3 variety is believed to have been part of the July 26, 1793 delivery of 24,934 half cents. This was one of three coinage deliveries of half cents in 1793, between July 20 and September 18. Two obverse and three reverse dies were used for production, comprising four different die varieties, each using a die that was also used for another pairing. The die emission sequence, then, is readily ascertained, allowing us to place the Cohen-3 coinage within the group of coins delivered by the Coiner on July 26.

    The vast majority of surviving 1793 half cents, regardless of variety, are well worn, corroded, or otherwise impaired. Examples in any condition that can be considered XF or finer are decidedly rare, and the number of Uncirculated pieces known has not yet been fully ascertained. Across all four varieties, a few dozen Mint State pieces are reported on the PCGS and NGC population charts, but those data are known to reflect duplications. Ron Guth has estimated a Mint State survivorship of the Cohen-3 variety of as few as just six pieces, coinciding with Breen's Census compiled in 1983. No examples are known in Red or Red and Brown condition, though Guth notes, "the Missouri Cabinet coin, with its traces of original mint red, comes very close."

    The provenance of this coin has not always been understood. It was the finer of two Cohen-3 pieces in the Missouri Cabinet, and the provenance of the two coins has been jumbled in the past. The Pogue Collection cataloger of this piece in the Stack's sale provided a concise explanation of the provenance history:

    "The confusion between this piece and the other Missouri Cabinet specimen appears to have begun in the Walter Breen/Jon Hanson Condition Census, published in the Breen half cent encyclopedia in 1983. The Breen/Hanson listing cites the Morris-Jackman-Missouri Cabinet coin as "identifiable by a tiny mark on the rim of A of STATES," a characteristic seen on this specimen but not on the other 1793 Cohen-3 from the Missouri Cabinet. Unfortunately, that source proceeded to describe the next piece on the census, the Missouri Cabinet duplicate, as showing "a small spot below cap," another unique characteristic of this piece that served to confuse the two Missouri Cabinet specimens forever after. Though the Missouri Cabinet cataloger prepended the Morris-Jackman-Brand pedigree on the second Missouri Cabinet coin, based on documentation and photographs, it is evident this is the coin sold in the 1905 Morris and 1918 Jackman sales."



    The quality of this coin is exceptional. Original, satiny mint luster illuminates burgundy and steel-blue hues cast over each side. Highlights of original copper-red delicately frame Liberty's portrait and appear within the recesses of her facial features and hair strands. Copper-red further glistens in the protected peripheries and sets off the date and LIBERTY from the field. Red luster is further prominent on the reverse, encompassing easily 20% of the field, particularly throughout UNITED STATES OF and the adjacent wreath. Lesser-grade half cents of this period commonly show light rub on the high points of Liberty's portrait, especially the cheek, but on this piece the satiny "skin" is unbroken, the luminance undisturbed. Aside from the tiny rim nick above the A in STATES (the long-recognized pedigree marker for this piece) there is no singular sign of surface contact to limit the grade. The depression between Liberty's cap and the border beads is a mint-made planchet defect, not the "spot" that Breen suggests. Other microscopic characteristics of the original sheet copper planchet surfaces are visible with a loupe in the right obverse margin, and, to an even lesser extent, on select parts of the Liberty portrait. In the Morris catalog (1905), the Chapman brothers described this piece as a "Perfect, sharp, even impression. Beautiful light olive color and a gem of the first water." Such beautifully describes the sharpness of the detail, the flawlessness of the strike, and the stunning degree of preservation. Our EAC grade MS64.
    Ex: Charles Morris Collection (S.H. & H. Chapman, 4/1905), lot 857, realized $28.00; Allison W. Jackman; Allison W. Jackman Collection (Henry Chapman, 6/1918), lot 851, realized $52.00; Virgil M. Brand; Horace and Armin Brand; Armin Brand; B.G. Johnson via consignment (8/1935); unknown intermediaries; Douglas Weaver to George W. "Hank" Rodgers via private treaty (1/12/1972); R. Tettenhorst via private treaty (3/27/1972); Eric P. Newman Numismatic Education Society; Missouri Cabinet; Missouri Cabinet Collection of U.S. Half Cents (Goldbergs, 1/2014), lot 4, realized $718,750; D. Brent Pogue Collection, Part III (Stack's, 2/2016), lot 3001, realized $446,500.
    Selections from The Oliver Jung Collection.

    Coin Index Numbers: (NGC ID# 2222, Variety PCGS# 35009, Base PCGS# 1000)

    Weight: 6.74 grams

    Metal: 100% Copper


    View all of [Selections From The Oliver Jung Collection ]

    View Certification Details from PCGS

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