Gem Mint State
1793 Wreath Cent, the Next Million Dollar Cent, Acquired by
Tom Pilitowski Click on Coin Image to
enlarge
Gem
Mint State 1793 Wreath Cent, the Next Million Dollar
Cent, Acquired by Tom Pilitowski
Port Charlotte, FL June 26, 2014 –
US Rare Coin Investments has acquired an historic
and significant 1793 Gem Mint State Vine and Bars
Wreath Cent, S-9, B-12. Finding a Gem Wreath Cent
is rather remarkable since they are usually seen in
low grades with numerous problems. This outstanding
one is certified MS65 BN by PCGS and also comes with
a CAC (Collectors Acceptance Corp) approval sticker.
The coin has spectacular eye-appeal. Its light brown
and olive surfaces are splashed with bits of mint
red in some of the protected areas. There is also
a small area of darker patina on the reverse at ATES.
The boldly struck design motifs are well centered
on hard, reflective fields. The dentils are complete
and strong on both sides. The few marks that appear
on both sides were probably on the planchet before
the coin was struck.
In its population report, PCGS shows
one Wreath Cent, S-9, the present coin in MS65 BN
condition with one finer at MS65+BN. (PCGS also list
a Wreath Cent at MS69BN, which was auctioned as an
S-9 variety.) At NGC the finest S-9 in their Consensus
is an MS62 BN piece. As of June 2014, the present
coin is the finest and only specimen confirmed by
CAC at the Gem MS65 BN grade level.
