LOT Heritage Rare Coin Galleries  /  2007 Long Beach, CA Sig. Coin Auction #430  / 

2097

1793 Chain 1C AMERICA XF45 PCGS. S-3, B-4, Low R.3. Th

Currency:USD Category:Coins & Paper Money / US Coins Start Price:5,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1793 Chain 1C AMERICA XF45 PCGS. S-3, B-4, Low R.3. Th
<B>1793 Chain 1C AMERICA XF45 PCGS.</B></I> S-3, B-4, Low R.3. The S-3 die marriage is clearly the most common of all five Chain cent varieties, the ideal candidate for date or type collectors. This is a splendid example with smooth olive and dark brown surfaces, the reverse with additional tan, providing a pleasing and desirable woodgrain appearance. The surfaces are exceptionally smooth with only a few tiny rim bruises on the obverse and a single reverse rim bump over OF. Clearly above average quality for this issue, especially when consideration is given to the large number of lower quality pieces that are scratched, corroded, or otherwise imperfect.<BR> All of the Chain cents, the first coins minted at the new Philadelphia Mint, were coined between February 27 and March 12, 1793, with Walter Breen assigning dates of March 2 through March 8 for this variety. The S-3 die combination was responsible for nearly half of the entire Chain cent mintage, about 15,000 to 18,000 coins. This example is a late die state of the variety with heavy clash marks along Liberty's lips, chin, neck, and bust line. The reverse field is flowlined with a slight bulge below STATES. This is Die State III in Breen's classification, representing the latest known die state of this variety. Breen suggested that the clash marks, as seen on this example, were responsible for the "Liberty in chains epithet" sometimes given to the Chain cents. EAC 20.<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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