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    Description

    1793 S-2, B-2 Chain Cent, AU53
    Mougey-Downing Pedigree

    1793 1C Chain, AMERICA, S-2, B-2, High R.4, AU53 PCGS. CAC. Ex: Downing-Reynolds. Breen Die State II, with light bulging through the date and into the left obverse field. Slight clash marks are noted on the obverse, with none on the reverse. The die surface in front of Liberty's profile is wavy. The obverse die is a reappearance of the die used on the famous Chain AMERI. cent, while the reverse was used on all remaining Chain cent varieties.

    An exceptional example of the 1793 Sheldon-2 Chain cent that is close to the Condition Census. Bill Noyes grades this coin XF40 and tied for the ninth finest known, while Del Bland also grades the coin XF40 and tied for the tenth finest. Both grades are a trifle conservative in our opinion. Bob Grellman assigned an XF40+ Choice grade, noting the coin is close to XF45. In our opinion, it is fully deserving of the XF45 grade. The choice surfaces are glossy dark chocolate and virtually pristine, showing only trivial handling marks. The eye appeal of this Chain cent is amazing, and it is an excellent candidate for a specialized collection, an advanced date set, or a high-quality type set. Our EAC grade XF45.
    Ex: Peter Mougey; William H. Woodin (Thomas L. Elder, 9/1910), lot 3; S.H. Chapman; later, Homer K. Downing (1952 ANA Sale, New Netherlands, 8/1952), lot 16; Dr. William H. Sheldon; Dorothy Paschal (via Ray Chatham, 1972); Dean Oakes (9/6/1986) Thomas D. Reynolds (Goldberg Coins, 2/2016), lot 1.
    From The Watermark Collection.

    Coin Index Numbers: (NGC ID# 223F, Variety PCGS# 35435, Base PCGS# 1341)

    Weight: 13.48 grams

    Metal: 100% Copper


    View all of [The Watermark Collection ]

    View Certification Details from PCGS

    Auction Info

    Auction Dates
    January, 2020
    8th-12th Wednesday-Sunday
    Bids + Registered Phone Bidders: 20
    Lot Tracking Activity: N/A
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