LOT #3980 |
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1793 1C Chain, AMERI., S-1, B-1, R.4, VF20 PCGS....
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Sold on Jan 21, 2021 for:
$30,000.00
Bid Source: HA.com/Live bidder
Description
1793 S-1, B-1 Chain Cent, VF20
AMERI. Reverse
1793 1C Chain, AMERI., S-1, B-1, R.4, VF20 PCGS. This is the
famous Chain AMERI. cent with the legend on the reverse
abbreviated. There has never been a satisfactory explanation for
the abbreviated legend. In his Large Cent Encyclopedia,
Walter Breen wrote that some had speculated it was deliberate
symbolism, similar to the unfinished pyramid of the Great Seal, but
Breen failed to identify those individuals. He continued to say
that others (whom he also failed to identify) thought it was a
layout problem, placing the completed word too close to UNITED. The
second speculation seems more plausible, the word STATES having six
letters and AMERI having five letters plus a period, providing a
balanced appearance. Several minor planchet flaws are noticed on
the reverse of this chocolate-brown Chain cent with scattered marks
on both sides. A few small rim bruises are also noted. This is a
pleasing example of the famous large cent, the first
circulation-coin struck at the United States Mint. Our EAC grade
Fine 12.Coin Index Numbers: (NGC ID# 223G, Variety PCGS# 35432, Base PCGS# 1340, GSID# 76717)
Metal: 100% Copper
Weight: 13.48 grams
Weight: 0.47549oz
Mintage: 36,103
Auction Info
2021 January 20 - 24 FUN US Coins Signature Auction #1326 (go to Auction Home page)
Auction Dates
January, 2021
20th-24th
Wednesday-Sunday
Bids + Registered Phone Bidders: 19
Lot Tracking Activity: N/A
Page Views: 1,484
Buyer's Premium per Lot:
20% of the successful bid per lot.
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