1793 C-4 R3. PCGS graded MS-66 Brown. CAC. Lustrous frosty steel brown with attractive bluish steel overtones. Underlying faded mint red shows in protected areas on both sides. This piece offers superb eye appeal. The Breen encyclopedia describes it using phrases such as "Fully lustrous" and "magnificent full cartwheel." The only defect is an extremely faint horizontal pre-striking hairline in the planchet passing from the tip of the second curl below the cap to the border beads at the right. Sharply struck MDS, Manley state 2.0, with a tiny rust lump on top of the 7. The reverse is a flawless gem and very sharply struck showing the veins in every leaf. The obverse is nicely centered on the planchet but the reverse is noticeably off center to K-4 leaving some of the border beads close to the edge. Plated in the Breen encyclopedia to illustrate the variety (the large photos on page 78) and listed in the Breen/Hanson condition census on the following page. Also plated on page 4 of the second edition of the Cohen book to illustrate the die variety. Our grade is MS64+, very close to MS65. Weight 99.8 grains. The attribution and Missouri Cabinet provenance are shown on the PCGS label. PCGS population 1; finest graded of the variety and tied with one other piece for the finest 1793 half cent graded at PCGS, regardless of the die variety. (PCGS # 35012) Estimate Value $300,000 - UP Ex George H. Earle, Jr., Henry Chapman 6/25/1912:3598 (Plate XXXVIII) $35-Clarence S. Bement, Henry Chapman 5/29/1916:413 (plated) $35-S. H. Chapman-Dr. Christian A. Allenburger, B. Max Mehl 3/23/1948:311-Philip M. Showers, Stack's 1969 (privately)-Willis Harrington duPont-Fred S. "Freddy" Werner 2/1976-Superior Stamp and Coin Company, Inc., 2/1976-Joe Flynn and Son Rare Coins, Inc. (Joseph S. Flynn, Jr.) 4/20/1976 (privately)-R. Tettenhorst-EPNNES-Missouri Cabinet (Mocab 93.4.1).
Price Realized: $920000
Images and description courtesy of Ira and Larry Goldberg Coins and Collectibles, Los Angeles, CA.
From Goldberg's sale of the Missouri Cabinet Collection, 1/26/2014, lot 6.
|Image Collection||Missouri Cabinet Collection of U.S. Half Cents|