1793 1/2C Cohen 4, BN MS (PCGS# 35012)

2004 November Palm Beach, FL Signature Sale #358

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    5057
  • Grade:
    MS64
  • Price:
    $120,750.00
Lot Description
1793 1/2 C Straight Cap, Thin Leaves MS64 Brown PCGS. B-4, C-4, Die State III, R.3. The B-4 is the most frequently encountered of the four 1793 half cent varieties. It is distinguished by the relatively straight cap of Liberty, short 7 in the date, and the longest stems on the lower reverse. Most of the mintage of 3,400 pieces delivered on September 18 are thought to be from this die state. It was believed by Walter Breen that many of this variety were saved as souvenirs, as the first year of issue, and the first design of the denomination. The Condition Census would seem to bear this out as there are a number of high grade examples known. This is a particularly well defined coin that shows finely detailed hair on Liberty. The leaves on the reverse are not all completely brought up, but several display full venation. The surfaces are unusually bright and glossy with only the slightest area of planchet flaking evident on the right side of the reverse. A very shallow scratch is seen from the center of the obverse to the right rim near 3 o'clock. The diagnostic rust marks are evident in the left obverse field, but these of course have no effect on the coin's grade as all B-4 coins exhibit these to one degree or another. One of the finest 1793 half cents certified by any third-party service.
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