|
|
The Midwest Winter Sale 2008
< Previous
Lot
422
Next >
| Choose Category: |
|
|
|
|
|
|
|
Please Note: A 15% Buyers' Premium is added to the hammer price of all lots in this sale.
|
(About The Images)
|
|
Lot Title:
|
1793 (S-2) Chain cent, ANACS AU-50, corroded
|
|
Description:
|
S-2 (Sheldon 2), a high R.4 variety, is the rarest collectable Chain cent of the five known die marriages, the only rarer being NC-1 (non-collectable 1), for which only three examples exist. As usual, the chain motif itself on this example is exceptionally bold and in high relief (even on low grade coins, it is usually the last feature to remain after everything else has worn away). Furthermore, this coin actually has nicely raised rims as compared to some examples that seem to taper at the edges. ANACS encapsulated it with the reverse facing outward by request of the original owner for a couple of reasons, including the obvious eponymous motif, but also because the reverse is aesthetically the more pleasing of the two sides.
In fact, if one were to judge only by the reverse, this would be a condition census coin. Close examination reveals only minor corrosion on the extreme left and right edges of the reverse, leading to a remarkably attractive, original appearance. Turning to the obverse, the reasons for the ANACS "corroded" disclaimer become readily apparent. A lengthy "V" shaped swath of corrosion swoops down from the left side, through the date and back up the right - fortuitously avoiding most of Liberty's portrait, but affecting the date to a minor extent. Further, the corrosion is curiously stained with dark mulberry color. Closer examination of this side reveals a pleasing strike and many delicate details, including finer strands throughout the wild, streaming locks of hair and a nicely raised ridge on the bottom of the neckline. Typical of S-2 (and S-1, which shares the same obverse die) is a lack of central details on the obverse, specifically the lack of inner ear detail and hair strands in the area. On the other hand, LIBERTY is very bold, unaffected as it is by the corrosion, and even the date is plainly visible, though the staining diminishes the normal contrast.
It is difficult to settle on an overall net grade by EAC standards, as the temptation is to lean towards the upper range. With regard to chain cents, the term "corroded" usually evokes the sight of deep pits, flaking planchets and porous surfaces, but with this coin, the problem is really just not that bad. Being segregated away from the primary devices helps, and the fact that the rest of the planchet is so nice also helps. Your cataloger finds a grade of "very fine" really almost irresistible, but erring on the side of conservative grading leads us to: EAC 15.
|
|
Low Estimate:
|
$22,000.00 |
|
High Estimate:
|
$27,000.00 |
|
Lot Status:
|
Bidding has been closed for this lot. |
|
Hammered Price: |
$24,750.00
|
|
Price Realized:
|
- |
|
Price history for items of the same classification:
| Lot # | Auction | Current Bid or Hammer Price | Description |
| 302 | The Collectors' Auction 2013 on 10/18/2013 | $4,100.00 |
|
1793 "AMERICA" (S-3, R.3) NGC Good Details/environmental damage.
|
|
After potential bidders cease laughing at the NGC "environmental damage" disclaimer, they can get down to the business of actually looking at this coin seriously, as it plainly offers better quality... |
|
| 332 | The Midwest Summer Sale 2011 on 07/29/2011 | $3,100.00 |
|
1793 "AMERICA". NGC Good details/environmental damage.
|
|
The date is somewhat faded, yet under most lighting conditions, it can be easily read, and LIBERTY is certainly legible from all viewing angles, with each letter very close to being complete. As... |
|
| 100 | The Collectors' Auction 2009 on 10/16/2009 | $1,350.00 |
|
1793 "AMERICA". Fair-2.
|
|
Coordinating the position of ONE in relation to the chains, the reverse is likely "C" -- an "AMERICA" type. This is a basal state coin, with no date and hardly an obverse to speak of, thus positive... |
|
| 101 | The Collectors' Auction 2009 on 10/16/2009 | $3,700.00 |
|
1793 "AMERICA" (S-4, R-4). Good.
|
|
The planchet is much, much nicer than it has any right to be for a chain cent with so much wear. Olive-tan patina is delicately layered over remarkably smooth surfaces that display practically no... |
|
| 188 | The Collectors' Auction 2008 on 10/17/2008 | $16,000.00 |
|
1793 "AMERICA" (S-3, R-3-). ANACS XF-40 details, reengraved-burnished.
|
|
Although the smoothing of the surfaces that is associated with "burnishing" of early copper is not immediately apparent per the ANACS disclaimer, one look at Liberty's hair tresses with a loupe... |
|
| 203 | The Collectors' Auction 2007 on 10/19/2007 | $2,000.00 |
|
1793 Chain Cent "AMERICA". AG-3.
|
|
This chain is on too nice of a planchet to be only an About Good. How did this coin avoid major damage with all the years of circulation it must have seen? The obverse sports a full outline, a... |
|
| 204 | The Collectors' Auction 2007 on 10/19/2007 | $6,250.00 |
|
1793 Chain Cent "AMERICA", Periods Variety, S-4, R-3 . ANACS F-12...
|
|
This piece has a rather pleasing chocolate brown quality over surfaces which have a mild, uniformly distributed porous aspect. Both the date and "LIBERTY" are followed by a period, the only chain... |
|
| 258 | The Midwest Summer Sale 2007 on 07/27/2007 | $2,900.00 |
|
1793 Chain "AMERICA". About Good.
|
|
It goes without saying that the Chain Cent was the first U.S. cent produced at our government's own mint. It is always difficult to locate presentable examples, and in years past, well-intentioned... |
|
| 259 | The Midwest Summer Sale 2007 on 07/27/2007 | $1,400.00 |
|
1793 Chain Cent "AMERICA". ANACS Fair 2 Details, Corroded, Damaged.
|
|
Though not in the best of grades, this coin is still an acceptable example of the type with almost all the chain detail being present and most of the reverse legend. Unfortunately, little detail... |
|
| 244 | The Midwest Summer Sale 2006 on 07/21/2006 | $1,325.00 |
|
1793 S-3, R-3-, Chain "AMERICA". FAIR-2.
|
|
Chocolate brown surfaces with enough of the major designs discernible enough to be able to accurately ascribe this variety. The old nicks, bumps, and porosity observed are what one would expect for... |
|
| 245 | The Midwest Summer Sale 2006 on 07/21/2006 | $7,250.00 |
|
1793 "AMERICA". NCS VF detail.
|
|
This is a nice coin despite being mildly corroded. The surfaces have not been tampered with, and the coin is wholly original. A few patches of light green cling to the legend on the reverse, and a... |
|
| 246 | The Midwest Summer Sale 2006 on 07/21/2006 | $8,750.00 |
|
1793 "AMERICA". PCI VF-25.
|
|
This coin is holdered as Porous VF-25. This first Federal Cent was very well struck at the start of its life, however it came in contact with moisture somewhere in its travels. The result is an... |
|
|
|
|