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Description

1793 S-2 Chain Cent, VG10
Curious Reverse Artifact

1793 1C Chain, AMERICA, S-2, B-2, High R.4, VG10 NGC. Breen Die State II. Smooth chestnut-brown surfaces reveal microgranularity under a loupe, though significant marks are limited to some light rim bumps along the right obverse border and an old scratch between the OF. The legends are clear, only partially beginning to blend with the field, though the date is indistinct. The central portrait and chain are strong for the VG level, and the fraction is bold.

What appears at first glance to be a rim cud appears above the UN in UNITED. There is no evidence of rim/edge damage in the area, so it is not a worn-down rim bump, but neither is it likely a cud. If it were, it would constitute a previously unknown terminal state of the reverse, and it would mean that this piece was struck with a remarriage of the S-2 obverse after the S-4 coinage. If this were the case, the rest of the reverse should be in at least the late S-4 die state, and that is not what we observe with this coin. Even though this piece is well worn and lightly granular, one key feature stands out: the T punches. On the present coin, all T punches appear to have complete, straight tops. Every S-4 coin shows erosion/lapping-induced separation of the T flags from the uprights, which is identifiable even on well worn examples. The current coin shows no indication of separation. This suggests the current coin is in an earlier reverse state than the S-4 population, likely the normal S-2 state, and therefore the reverse artifact cannot be a cud. Instead, the artifact is likely a fin of metal created by the planchet cutter that folded over, or the remnants of pre-striking planchet damage. The inner edge of the artifact is jagged and appears more knife-like than is normal for a true cud. An interesting coin, though not the die state discovery it would appear to be at first glance. Among the 100 Greatest U.S. Coins (#21 in 6th edition).

Coin Index Numbers: (NGC ID# 223F, Variety PCGS# 35435, Base PCGS# 1341, Greysheet# 76718)

Weight: 13.48 grams

Metal: 100% Copper


View Certification Details from NGC

Auction Info

Proxy Bidding Ends 
March
26th Thursday 4:50 pm CT
Auction Dates
March
26th-28th Thursday-Saturday
Proxy Bidding Time Remaining 
27 Days 1h 22m 53s
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This lot is in: 1 - Signature® Premier Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
(Lots 3001-3316) - 5:00 PM Central Time, Thursday, March 26, 2026.
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Additional Location Info:
Heritage Auctions - Dallas
2801 W. Airport Freeway
Dallas, TX 75261

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