(1795) Penny Liberty & Security Corded Rim, BN MS(PCGS#784)

Summer 2025 Global Showcase Auction U.S. Coins

Commissaire-priseur

Stack's Bowers

Numéro du lot

1340

Grade

MS62BN

Prix

3 240

Description du lot

A handsome piece dressed in dominant steel-brown patina with intermingled deep rose-orange representing where original color was last to fade. Softness at the top of Washington's head also affects the lower right portion of the shield on the reverse. Otherwise sharply defined with an uncommonly smooth appearance to hard, frosty surfaces. It has been estimated that just eight to 10 examples exist with this distinctive rim treatment, but the number might be just a hair higher. We have four distinct specimens in our online archives going back to 2007, and it seems that as many as eight others can be fairly quickly found. It would appear that the number of corded rim specimens produced might be similar to the number struck with fire gilt surfaces, but the corded rim examples tend to survive in higher grades for some reason. It might point to a different distribution that resulted in them being more protected, but this is not likely to be sorted with certainty.