1793 Chain 1C AMERICA, BN MS (PCGS# 1341)

The January 2012 Americana Sale

  • Auctioneer:
    Stack's/Bowers
  • Lot Number:
    8028
  • Grade:
    G4
  • Price:
    $7,475.00
Lot Description
Handsome medium copper patina blankets both sides of this desirable Chain cent. Wear, while extensive, is uncommonly even in an example of this type with all major design elements discernible, if not bold. As most bidders know, Chain cents in lower circulated grades are often devoid of peripheral definition, especially on the obverse, but this is clearly not the case here. Light pitting to the surfaces is noted, but there are singularly distracting blemishes, and the eye appeal is quite strong in a well worn survivor of the United States Mint's first cent issue. Always in demand as a one year type, both the obverse portrait and reverse chain design met with sharp criticism from contemporary Americans, thus explaining the quick introduction of the Wreath type as a successor to the Chain cent.
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