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The Collectors' Auction 2008
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Please Note: A 15% Buyers' Premium is added to the hammer price of all lots in this sale.

(About The Images)
1793 "AMERICA" (S-3, R-3-). ANACS XF-40 details, reengraved-burnished. 1793 "AMERICA" (S-3, R-3-). ANACS XF-40 details, reengraved-burnished.
Lot Title: 1793 "AMERICA" (S-3, R-3-). ANACS XF-40 details, reengraved-burnished.
Description: 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 immediately reveals the re-engraved areas that show impossibly fine strands of hair that simply did not exist with Henry Voight's original design. The hairline has been curiously strengthened and some of the original hair curls inadvertently straightened by the addition of superfluous details. Ironically, a case could be made that the re-engraver's actions are actually an intricate improvement over the details struck by the original dies, as they originally featured only a low relief design counterpointed against spacious fields in order to take best advantage of the limited technology available to the mint at that time.

As a well known watchmaker, Henry Voight possessed excellent operational mechanic skills, but the jump from this occupation to that of die engraver was a stretch, to say the least. Nonetheless, he had been given the task of designing, engraving, and producing pattern cents, including the famed 1792 "silver center" cent, which would serve as the model for the obverse of the chain cent. The reverse employed a simple design consisting of fifteen interlocking chain links surrounding the denomination, and themselves surrounded by UNITED STATES OF AMERICA.

The simplicity was well suited to a die cutter of limited capability, and because of uniform relief, could be struck easily and consistently by the die. Sheldon-3, the present die marriage, is immediately identifiable by the "leaning R" in AMERICA, and is the most attainable chain cent, representing about half the mintage combined for all four known die marriages. In spite of the issues pertinent to this particular example, it is an undeniably attractive coin. Porosity-free surfaces are much smoother than that normally associated with early American copper, and offer very pleasing color.

Even taking into account the burnishing process (which must have been relatively inconsequential at worst), there appears to be the slightest sliver of original mint red color just barely clinging to some of the letters, and flowlines are evident at many areas of the periphery. From the standpoint of preservation, very few detractions are worthy of mention, with a vague obverse planchet fissure noted at 7:00 and scattered trivial planchet defects occasionally seen under inspection. The slab insert does not appear to hide any significant rim dings. EAC 20.

Low Estimate: $20,000.00
High Estimate: $25,000.00
Lot Status: Bidding has been closed for this lot.
Hammered Price: $16,000.00
Price Realized: $18,400.00
1793 "AMERICA" (S-3, R-3-). ANACS XF-40 details, reengraved-burnished.
1793 "AMERICA" (S-3, R-3-). ANACS XF-40 details, reengraved-burnished.

Price history for items of the same classification:
Lot #AuctionCurrent Bid or Hammer PriceDescription
302The 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...
332The 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...
100The 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...
101The 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...
422The Midwest Winter Sale 2008 on 02/08/2008$24,750.00
1793 (S-2) Chain cent, ANACS AU-50, corroded
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...
203The 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...
204The 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...
258The 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...
259The 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...
244The 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...
245The 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...
246The 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...

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