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Description

1793 NC-4 Wreath Cent, VF Details
The NC-4 Discovery Coin
The Finest Collectible Example

1793 1C NC-4 R7+ Liberty Cap, VF Detail, Corrosion Removed, PCGS. Slightly glossy dark olive brown and steel with lighter brown on the highpoints, especially on the obverse. Covered with moderate corrosion, strongest on the reverse, but there are no contact marks or notable traces of verdigris. Only five examples are known and two of those are impounded in museums (one in the ANS Collection, another in the Yale University Collection). This is the finest of the remaining three examples. Graded VF20 net VG7 and tied for CC#1 with the Yale University Collection example in the Noyes census, his photo #28285. The complete Noyes census for the NC-4 variety is 7(2)-6-5-4. Bland says VF20 net VG7 and CC#2 behind the Yale University coin in his census of 8-7-5-4 (Bland did not evaluate the newest discovery, a corroded net G4). This cataloger's EAC grade is net VG7. This is the discovery coin for the variety and it is the plate coin in the 2000 Breen encyclopedia. The G6 in the Noyes census (G5 in the Bland census), a heavily worn but smooth piece, brought $27,600 as lot #15 in the 9/6/2009 McCawley & Grellman/Goldberg auction of the Daniel W. Holmes, Jr. collection. With only three pieces available to collectors this opportunity may not come around again for many years. The attribution and COL Ellsworth Collection provenance are noted on the PCGS Gold Shield label (35468.97/44293926).
Ex Dr. Charles L. Ruby (who discovered this new variety in 1950) 12/1972-Superior Stamp & Coin Co.-Superior Galleries 2/11/1974:327 ($6500)-Gus Portman, Superior 2/16/1976:337 ($3500)-Superior (privately) 4/1977-Robinson S. "Robbie" Brown, Jr., Superior 9/30/1986:12 ($5060)-Robinson S. "Robbie" Brown, Jr., Superior 1/27/1996:11 ($9900)-J. R. Frankenfield, Superior held in association with McCawley & Grellman Auctions 2/17/2001:198 ($16,100)-W. M. "Jack" Wadlington 5/3/2005-Bob Grellman & Chris McCawley 7/27/2005-COL Steven K. Ellsworth.

The Dr. Charles L. Ruby Collection, Part I, offered by Superior Galleries in February 1974, encompassed a remarkably broad range of U.S. numismatics. The sale included colonials, early copper (half cents and large cents), small cents, nickel and silver minor coinage, dimes through silver dollars, trade dollars, and a comprehensive selection of U.S. gold from dollars to double eagles. It further featured commemoratives, territorial gold, patterns, proof sets, type coins, and mint errors. With coverage across virtually the entire Red Book spectrum, the auction reflected Ruby's deep pursuit of die varieties and completeness, making it one of the most extensive and diverse dispersals of its time.

The catalog also provides a biographical sketch of Dr. Charles L. Ruby (1900-1974), portraying him as a distinguished academic, lawyer, and collector with a lifelong devotion to numismatics. A descendant of Andrew Jackson, Ruby held doctorates in economics and law, taught as a professor in California, and contributed extensively to professional and numismatic organizations, including service on the American Numismatic Association Board of Governors and the U.S. Assay Commission. His wide-ranging interests extended beyond coins to stamps, American artifacts, and art, but he was particularly admired for the depth of his coin collecting. The auction represented one of the most significant dispersals of a "name" collection of the era, placing Ruby among the great collectors whose holdings became legendary in the numismatic community.


Auction Info

Proxy Bidding Ends 
January
8th Thursday 5:50 pm CT
Auction Dates
January
8th Thursday
Proxy Bidding Time Remaining 
7 Days 14h 31m 25s
Bids + Registered Phone Bidders: 20
Lot Tracking Activity: 44
Page Views: 332

Buyer's Premium per Lot:
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This lot is in: 2 - Signature® Floor Session - The COL Steven Ellsworth Collection of U.S. Large Cents 1793-1796 (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
(Lots 2001-2099) - 6:00 PM Central Time, Thursday, January 8, 2026 (7:00 PM Eastern Time).
[Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session.]

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Additional Location Info:
Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Rasmussen Special Edition Catalog
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Rasmussen Signed Limited Edition Catalog
A hard bound limited library edition of the Wes Rasmussen Collection Catalog, signed by Wes Rasmussen, Mark Borckardt, Greg Rohan, and Denis Loring, is available while supplies last. Only 100 produced. Reserve your copy of this remarkable limited edition signed volume for just $150 today.
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