Thanks, guys. This one is Sheldon 14 (rarity 5-), a slightly better die variety. It is the second most common of five collectible die varieties (assuming folks call S-15 r.7- "collectible"... but so it goes with these). The coin in question is r.5-, a shade better than S-13 at r.4-. Yes, Mike, it is a neat die crack. And here's what's odd... all known specimens have that die crack fully bisecting the obverse. Moreover, this is the only known use of this obverse die. This suggests the die cracked very early in the run. Further, since this is one of the more "common" 1793 Caps, they kept the heavily cracked die in service for quite some time - perhaps 2,000 coins were minted, of which 50 or so survive.
I really like the centered planchet too. I'm not that aware of this particular variety's striking characteristics, but a well-centered strike like this typically commands a premium, and I expect this superb coin to be no different. Where did you find it, if you don't mind my asking.
That is an outstanding S-14 and I believe State A since I don't see any clash marks at the throat from the reverse leaves. The Holmes example was the Noyes plate coin called AU53 by PCGS and CC#1 XF45 by EACers Noyes and Bland. This is just slightly more worn and an earlier Die State. It sold for a cool $528,000. I note that it is the only one I find with the right side of the E missing. It doesn't appear to be from any Post Mint event in the picture. I'd guess the EAC CC list will place it about 25 or 30 detail and drop it one grade for minor roughness. PCGS and NGC would probably go with XF40 or 45. It looks to be in the bottom of the top 10 in the CC with most of those coming from Europe at some point. Do you know if this is a new one or one previously reported?
I suspect this was struck at least twice since there is evidence of lettering and the pole just off from the final strike on both the Liberty in the Obverse and lettering of the reverse. It just about cuts the C(A) in half. A close look at some of the 'roughness' reveals Mint damage rather than environmental issues. Perhaps there should be no deduction for roughness at all. The Reverse is very strong. I like it better than the Breen XF40 illustration.
I agree. Got to look at the coins in his case, and was struck with the quality of the offerings. Someone behind the counter must have a nice eye. More to the point, I purchased two copper coins at FUN -- one of them was from Rick. I really should photograph and share it.
We don't own it; it's a consignment coin. It sure is nice to have in the case. This is the first time I've ever had all four 1793 type coins all at once. I'm going to make a special display highlighting the year 1793 in history, especially the happenings in the US and France (the Terror, Marie Antoinette and Louis XVI beheading, etc). I'll have the four 1793 US coins, raw, for folks to handle. I love it when Boy Scouts or other new folks come by. It's great to to chat it up with stuff like this.
I'm glad you like it ! Honestly, I was flattered you bought it. I figure if I'm selling to Mike, it must be a nice piece ! I feel validated. That particular coin has a story. For years, it was my collector type coin for Middle Date large cents. It's the first nice Middle Date I ever bought (from Chris McCawley). It is the very coin which taught me to appreciate original surfaces on early copper - it taught me to appreciate luster underneath tone, and "faded mint red". I truly hope you enjoy it; I certainly did.
Yes the reverse is amazing... but the obverse "got issues". There are very clear tooling marks on this coin, and we make that very clear to anyone considering this coin. Someone messed with it on the obverse, and we would all be better off if they hadn't. Even so, it is still a very strong piece.
This is a coin with a more severe multiple strike, but you can see the effect is the same. S-127 from the Holmes online catalog. The multiple strike causes parts of the lettering to disappear the way some of the lettering appears missing on the op coin. Since this is true on both sides of the coin, it would be from multiple strikes rather than a loose or chattering die which would only be on one side. Now Breen called it a 3d type error since the coin was slightly off center on the initial strikes and the final strike was centered. Now I will be the first to admit that I wouldn't recognize tooling, but is it possible that the effects of multiple strikes could have been confused with tooling?