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1793 Chain Reverse

Front - 1793 Penny Back - 1793 Penny

Description

This, piece, besides being the first cent made in America for general circulation, has many interesting characteristics. It is especially unique in that it may carry two grades. One for the obverse design and another for the reverse. The obverse design d

Valuation

A piece with portions of well defined strands of Miss Liberty's hair is a rare find indeed. It is likely to bring a grade of Fine, Very Fine or even Extremely Fine and a price at auction considered fine by any standard.
COIN NAME
1793 Chain Reverse
DESIGNED BY
Henry Voigt
ISSUE DATE
1793
COMPOSITION
Copper
DIAMETER
Average 26 to 27 mm
WEIGHT
208 grains
EDGE
Vine and bars design
BUS MINT
36,103
PROOF MINT
None

The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.