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

The Regency Auction 40

拍卖行

Legend Rare Coin Auctions

批号

3

等级

F12BN

价格

76,890

详细说明

S-3. We think NGC "net" graded this Chain cent, the sharpness is that of a F15 or VF20, but the surfaces show some minor planchet roughness and a minor, ancient scratch below the date. The central devices and the legends are sharp on both sides. Despite the few minor flaws and modest grade, this Chain cent has a very nice eye appeal. The Chain cent represents the premier design of the American cent, and began a legacy that continues to this day. Only 36,103 Chain cents were produced from February 27 to March 12 using five different die pairs. These five die pairs include 3 distinct Red Book varieties; S-1 AMERI.,S-2, NC-1, S-3 AMERICA,and S-4 With Periods. The Sheldon-3, Breen-4 is the most common, the dies were used to strike coins from March 2 to March 8, and make up perhaps half of the mintage. These historic large cents' design are attributed to Henry Voight. Contemporary commentary on the design was negative and the design was changed quickly. Critics said that the portrait of Liberty makes her look as if in a fright, and the interlocking chain on the reverse was a bad omen for Liberty. Since the mid 19th century the Chain cent has been a popular collectible, in constant and consistent demand from collectors, regardless of grade. A numismatic "blue chip" that is one of the all time classics and a coin most collectors only dream about owning. PCGS 52, NGC 9. No NGC-graded example has ever sold in auction, but recent PCGS-graded examples have sold for $14,400 to $16,800. Housed in an old NGC-fatty holder, this coin is fresh to the market in a very desirable "collector" grade and will see very strong bidding from collectors. Good luck. Cert. Number 184289-001 PCGS # 1341.00