Early large cents to headline 2022 Heritage January FUN sale
By Steve Roach , Coin World, Published: Jul 20, 2021, 9 AM
Even though the American Numismatic Association World’s Fair of Money auctions don’t get started until mid-August, Heritage has already announced a lead consignment for its 2022 January Florida United Numismatists convention auction in Orlando: the Arizona Collection of U.S. Large Cents.
Heritage wrote, “A discerning eye taking advantage of important opportunities led to the formation of The Arizona Collection of United States Large Cents, a special collection named after the home state of the shrewd collectors who assembled it. The trove features more than 150 coins, mostly within the Condition Census for their individual varieties.”
A 1793 Flowing Hair, Chain, AMERICA cent once in the collection of Dan Holmes is graded Mint State 64 brown by Professional Coin Grading Service and has a green Certified Acceptance Corp. sticker indicating quality for the grade. When offered at Ira & Larry Goldberg’s 2009 Holmes auction it was graded MS-63 brown by PCGS and realized $402,500 on an estimate of $150,000 and up. That cataloger observed on the Sheldon 2 Chain cent, “The surfaces are lustrous and show only a trace of very light friction on the highest points. The only marks are a thin nick-like planchet void in the field under the chin, a tiny nick on the bottom of the 7 in the date, and microscopic roughness caused by tiny planchet flakes in the field off the bust tip.”
The 1793 Flowing Hair, Chain cent is well-known as the first cent struck broadly for circulation. The profile of Liberty, which some have suggested looks frightened, was replaced with a more refined Flowing Hair version later in the year with a Wreath reverse.
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