newest acquisition - chain

After much searching, I finally got a decent chain cent.
1793 S-2 EAC VG-8 provenance EAC 2005 auction lot 83.

I'll try to put better pictures using a camera, rather than scanner from my printer. And yes, you can actually see the date.

 

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Wow - very sweet. Nice looking coin.

 

Looks good, great pick up!

 

Impressive acquisition! Look forward to your photos.

 

what does something like that cost (is that rude to ask?)
just curious if it was out of my budget.

 

I think they start in the low 5 figures:crying:

 

wow ... i will just be happy looking then!

 

Awesome specimen indeed! I'm showing only 36,103 minted.

 

Depends - you can find some of these in 4 figures, but they rapidly jump to 5. You can see some here for sale.

 

Such a tough coin to acquire - great coin in a decent grade!

 

10-15k$, but don't tell my wife :secret:

FYI, the population for a S-2 is R.4+ => ~100 coins. My guess is that this coin is in the middle of the population.

 

I'll definitely join the other members in congratulating you, Cringely.

A very beautiful (and scarce) coin.

In my recollection, your specimen is probably the best preserved of the 4-5 Chain Cents posted by C.Ters over the last few years. Please do post larger pictures.


Eduard.

 

Congrats! That is a heck of an acquisition!! It looks really good!

 

Nice acquisition.

 

My guess would be higher like 25-35 but that's not based on sales. There just seems to be so many lower or counterfeit that I suspect you have a scarcer grade of S-2.

 

Originally Posted by Cringely
FYI, the population for a S-2 is R.4+ => ~100 coins. My guess is that this coin is in the middle of the population

The population number came from Copper Quotes by Robinson (CQR), the pricing bible for early coppers.
There are 5 varieties of chain cents:
S-1 has the rev with AMERI. rather than AMERICA
The rest have AMERICA on the reverse with different obverses.
S-1 (AMERI.) is R.4
.....[116 - 160 known]
S-2 has the numbers in 1 7 9 3 widely spaced and is R.4+
.....[76 - 115 known]
S-3 has the numbers in 1793 closely spaced and is R.3-
.....[probably 300-500 known]
S-4 has a period after the 1793 and is R.3
.....[201- 500 known]
NC-1 has the obverse L I B E R T Y widely spaced and is considered non-collectable with an R.8 rarity.
.....[2 known]

It's interesting that, while the S-2 is the rarest of the four collectable chain cent varieties, there is a significant premium for an S-1, with the S-1 costing at least twice as much as an equivalent S-2.
Both S-1 and S-2 were made during Feb 27 - March 1, 1793 when the fledging US Mint coined a total of 11,178 large cents.

 

Well done, a great looking piece.

 

Great looking coin. Just a little out of my price range since I am trying to put a decent MPL set together but what a great looking coin. Cant wait to see the better pics

 

Wow ! Sincere congratulations !

A Chain cent is a rite of passage. The holy Grail of early copper type.

 

great pick up!