Mint State Wreath Cent Acquired by U.S. Rare Coin Investments
Charlotte, FL June 16, 2014 – US Rare
Coin Investments has acquired an historic and significant
1793 Gem Mint State Vine and Bars Wreath Cent, S-9, B-12.
The coin is certified by PCGS; it also comes with CAC (Collectors
Acceptance Corp) approval. In its population report, PCGS
lists one S-9, the present coin in MSBN65 condition with one
finer at MSBN65+. (PCGS also lists a Wreath Cent at MS69BN,
which was auctioned as an S-9 variety.) The finest S-9 in
the NGC Consensus is an MSBN62 piece. As of June 2014, the
present coin is the finest and only specimen confirmed by
CAC at the Gem MS65BN grade level.
The coin has smashing eye-appeal.
Its surfaces are a mixture of light brown and olive with tiny
splashes of mint red in protected areas. There is a small
area of darker patina on the reverse at ATES. The bold design
motifs are well centered on hard, reflective fields. The strong
dentils are complete on both sides. The few marks that appear
on each side were probably on the planchet before piece was
The history of the coin is
seen in its provenance. Thomas Elder sold it to Henry Miller
in 1917; it went from the noted dealer B. Max Mehl to Dr.
George P. French in 1929; in 1933 Henry A. Sternberg acquired
it from the J.C. Morgenthau sale; it was subsequently owned
by Charles Green in 1954, Dr. William Sheldon, Virgil Brand,
Dorothy Paschal, and, most recently, Dean Oakes.
“The coin is a fabulous
example of its type and variety,” said Tom Pilitowski,
president of US Rare Coin Investments. “It represents
outstanding value for a collector and would be an excellent
addition to the best numismatic cabinet. With a provenance
such as this and the coin's excellent appeal, it is an opportunity
to obtain a future numismatic hall of fame piece. This coin
is destined for the finest early US coin collection or investment
For more information call
Thomas Pilitowski at 1-800-624-1870.
US Rare Coin Investments
3740 Tamiami Trail
Port Charlotte, Florida 33952
Toll Free: 1-800-624-1870 www.usrarecoininvestments.com