1793 1/2C Cohen 1, BN MS(PCGS#35003)

The Regency Auction XVII May 2016

拍卖行

Legend Rare Coin Auctions

批号

1

等级

AU58BN

价格

246,205

详细说明

C-1. Periods after AMERICA and CENT. Mahogany brown throughout, with a bold strike that managed to bring up all of Miss Liberty’s curls and the leaves on the wreath. This is a slightly later die state of this variety with the central reverse starting to sink, but the letters of HALF CENT are still present although weaker than the surrounding devices. It is generally believed that this was the first die pairing produced of this new denomination, struck in July of 1793. The similarity to the 1793 Chain Cent with “periods” is unmistakable and these dies were certainly engraved with these unique features that did not appear after this time. This was the first appearance of this denomination from the Philadelphia Mint, and production was modest. Furthermore the design was changed in 1794 so these 1793 Half Cents remain a single year type coin, adding more pressure on those that survive. High grade examples like this have been in feverish demand for generations. Examination will notice a few small and shallow planchet fissures on both sides, but these are not distracting and are the natural result of the early Mint process for rolling out the copper to make planchets. A trio of shallow nicks are found above the E of UNITED and these also serve to hallmark this important specimen. The number that survive of this issue are modest, especially if a high grade piece is desired. This one is destined for a high grade collection where it will hold its place of honor for years to come. PCGS 18, NGC 15. The most recent auction price includes an April 2014 appearance that realized $47,000.00 for this grade, but that coin was CAC approved. If you have been seeking a nice example of this prized issue, make sure to pursue the present offering as it may be a few years until another becomes available. PCGS # 1000 Certification Number 25236388 PCGS # 1000