1793 1C Chain, S-3, BN MS(PCGS#35438)

The Regency Auction 41

拍卖行

Legend Rare Coin Auctions

批号

33

等级

AU55BN

价格

917,610

详细说明

A beautiful, "GEM" AU55 Chain Cent. Of the five different die marriages used to strike this first mass produced cent issue of the U.S. mint, the S-3 is the most "common" listed as a low Rarity-3. However, "common" the S-3 might be, there is NOTHING COMMON about a high end AU example, most of the known survivors are lower grade, many of the 400-500 survivors have significant issues that would even preclude numeric grading. This AMAZING coin is a stunning exception! Very well struck from Breen Die State III showing heavy clashing on both sides. The only area of weakness noted is around Liberty's ear, but all other details, including the inner hair details are crisp, showing the finest of the hairlines. The generally smooth, glossy surfaces show accents of original luster clinging to the protected areas. The color is a warm, rich, milk chocolate brown color with lighter golden-brown hues that outline the devices. The aesthetic and technical quality of this specimen is outstanding! Indeed the only issues are a minor tick on the rim at 8:00 and a natural planchet fissure, created at the mint. Truly a spectacular Chain cent for the type collector! Mint records show that 36,103 Chain cents were struck under the authority of Henry Voigt. Of these, the Sheldon-3's were thought to have been part of the 18,347 examples delivered between March 2 and March 8, 1793. PCGS 12, NGC 2, CAC 4. Prior to this coin selling, the most recent one sold in a weak market at the 2016 FUN auction, which realized $152,750. The current PCGS Price Guide value is listed at $145,000 and the CAC CPG value is $175,400. VERY RARE any finer, the Chain cent is an historically important and always in demand issue. Cert. Number 10003866 PCGS # 1341.00