1793 1C Wreath, Vine and Bars, RD (Special Strike)
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The 1793 1C Wreath, Vine and Bars, RD, also referred to as a "Special Strike," is a distinctive and extremely rare large cent. This coin is part of the esteemed Flowing Hair large cent series, minted in the early years of the United States Mint in Philadelphia. As the second variety produced in 1793, following the Chain cent, the Wreath cent was minted with a more refined and intricate design. The obverse features the iconic Flowing Hair Liberty with a wreath encircling "ONE CENT" on the reverse, accentuated by the vine-and-bars ornamentation along the edge.
Rarity and Mintage
The 1793 Wreath cent is well-known for its rarity, especially in the Red (RD) grade which indicates the coin retains its original red copper luster, a highly sought-after condition for copper coins. While the exact mintage for these special strikes is not clearly documented, experts agree that they were produced in extremely limited quantities, as evidenced by their scarcity in the market. This special restrike version was made with extraordinary attention to detail compared to regular business strikes, contributing to its rarity and desirability.
Historical Context and Numismatic
Significance From a historical perspective, the Wreath cent represents a critical period in American coinage, marking the evolution from the simpler Chain design to a more complex and symbolically laden design in response to early public feedback. The Wreath cent's improved aesthetics reflect an early commitment to not only the utility but also the artistry of American currency. From a numismatic standpoint, this coin is considered a prime piece for collectors due to its rarity, historical importance, and representation of early American minting craftsmanship.
Valuation and Notable Sales
The value of the 1793 1C Wreath, Vine and Bars, RD, is driven by its rarity and condition. Coins in this category have consistently commanded high prices at auction. For instance, one notable sale of this coin brought in six figures, reflecting the coin's esteemed status among collectors. While less frequently seen in auction circles, these Special Strikes can fetch prices upwards of $200,000 or more, depending on the coin’s condition, provenance, and collector interest at the time of sale.
PCGS Specifications
According to PCGS (Professional Coin Grading Service) CoinFacts, the specific identification number for the 1793 1C Wreath, Vine and Bars, RD is imperative for collectors looking to authenticate and grade their coins effectively which is PCGS# 507170 . The PCGS certification ensures that collectors are aware of the authenticity and condition, which directly impacts market value. This remarkable coin continues to captivate enthusiasm among numismatists, admired for its beauty, rarity, and representation of early American mint endeavors. Enthusiasts and collectors regard the 1793 1C Wreath, Vine and Bars, RD as a cornerstone of any comprehensive U.S. coin collection, embodying both the nation's fledgling identity and numismatic history.
