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    Description

    1793 S-2, B-2 Chain Cent, MS64 Brown
    AMERICA Reverse
    The Frossard Obverse Plate Coin

    1793 1C Chain AMERICA MS64 Brown PCGS. CAC. S-2, B-2, High R.4. Our EAC Grade AU55. A trace of rub appears on the high points of the obverse on this gorgeous olive-brown cent. Nearly full cartwheel luster remains on the frosty surfaces, with a few scattered marks and planchet flakes of no consequence. The obverse of this lovely cent is plated in the 1879 Frossard monograph.

    Variety: Sheldon-2, Breen-2. Breen's Die State II, with the usual bulge at the 1 of the date remaining from the earlier use of this die for the Chain AMERI. variety. Faded clash marks are evident below the bust and in front of the face, also as before, although diminished from die lapping in this marriage.

    Population Data (5/14): PCGS has certified 12 Mint State examples of the Chain AMERICA variety, including S-2 and S-3. Only two MS65 examples exceed the quality of this lovely cent. NGC has certified eight Mint State submissions including five finer than this example.

    Heritage Commentary: Del Bland and Bill Noyes each grade this piece the same as we do, AU55. Bland records five pieces tied for the second finest known in his census. However, the sole finer piece has been cleaned and retoned and should carry a lower grade according to some observers, including Noyes, who grades that coin AU50. Noyes suggests that this piece as Average Plus surfaces and ranks it tied for second best.

    Henry Chapman succinctly described this coin in 1912: "Uncirculated. The slightest touch of cabinet friction on highest tips of hair. Sharp, even impression. Light olive. Ex. rare." Nearly half a century later, Abe Kosoff discussed the coin, although he failed to describe it: "This is the Beckwith-Newcomb specimen described by Dr. Sheldon as the only MS-60 known. It was also in the Earle and Jackman Collections. This beauty promises to be a runaway coin -- it is the finest known and one of the prize pieces of this series. It is a long time between offerings of a nice 1-C."

    Provenance: George F. Seavey (William H. Strobridge, 1873), lot 205; Lorin G. Parmelee (New York Coin & Stamp Co., 6/1890), lot 669; Harlan P. Smith; M.A. Brown (Chapman Brothers, 4/1897), lot 739; George H. Earle, Jr. (Henry Chapman, 6/1912), lot 3353; Allison W. Jackman (Henry Chapman, 6/1918), lot 684; Wayte Raymond; Howard Rounds Newcomb (J.C. Morgenthau & Co., 2/1945), lot 2; James Kelly (1945 and 1946 FPL); Dr. James O. Sloss (9/1958); R.E. Naftzger, Jr.; Abe Kosoff (10/1959), lot 2; Stack's; Dorothy Nelson (Stack's, 2/1976), lot 2; Julian Leidman; Joe Flynn (4/1977); R. Tettenhorst (10/1995); Jay Parrino; Superior (9/1997), lot 29.(Registry values: N14284) (NGC ID# 223F, PCGS# 1341)

    Weight: 13.48 grams

    Metal: 100% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    June, 2014
    23rd Monday
    Bids + Registered Phone Bidders: 32
    Lot Tracking Activity: N/A
    Page Views: 2,616

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

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