1793 1C S-11c, BN MS(PCGS#35477)

August 2021 ANA U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

4006

Grade

XF40

Price

22,800

Lot Description

Classic 1793 Wreath Cent Ever-Popular One Year Design Type 1793 Flowing Hair Cent. Wreath Reverse. S-11C. Rarity-3-. Lettered Edge. EF-40 (PCGS). This is a handsome, high grade circulated example of a perennially popular large cent design type. Both sides are warmly toned in copper-brown, with glints of light olive-copper evident in isolated areas. The strike is well centered and otherwise sharp for the assigned grade, the reverse border devoid of beading from 6:30 to 11 o'clock. The surface texture is satiny and generally hard, with a few minor planchet flaws concentrated in the lower left obverse field. A few wispy handling marks in the right obverse field and on the reverse around the word STATES are noted for accuracy, although the appearance is pleasingly smooth overall for a lightly circulated early copper. Breen Die State III. Copper for this variety was supplied by Greenleaf & Watson, and the planchets are apt to show laminations or other natural flaws, as evident on the obverse of the present example. Production of Sheldon-11C was intermingled with that of S-11B (Lettered Edge, Double Leaf). The reason the Mint abandoned the vine and bars edge device in favor of a lettered edge is unknown, especially since its expression ONE HUNDRED FOR A DOLLAR is another statement of the denomination, which is already given twice as part of the reverse design of the Wreath cent (ONE CENT and 1/100). From the first year of the regular issue U.S. large cent series, and a one year design type, all 1793 Wreath cents are eagerly sought. In original, attractive and problem free PCGS-certified Extremely Fine preservation, this piece is particularly desirable for type or variety purposes. This lot includes a custom made collector card with an image, description and provenance information about the coin. The card is available to the winning bidder upon request to Stack's Bowers Galleries at the close of the auction. Provenance: From the William L. Buxton Collection. PCGS# 35477. NGC ID: 223J. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.