The First Art Newspaper on the Net   Established in 1996 Friday, May 14, 2021


1793 Penny that sold for $862,500 to be auctioned
In its last three sales at auction, it realized $79 in June of 1890, $414,000 in December of 2004, and $862,500 in January of 2009, each of the last two sales setting new record prices for a one-cent coin at auction.



SANTA ANA, CA.- Stack’s Bowers Galleries, America’s oldest rare coin auction firm, will be featuring an historic and very rare 1793 Strawberry Leaf Cent for the third time in the firm’s history, an offering that represents only the fourth time this coin has sold at auction since 1890! The sale will take place August 6th in Las Vegas.

Known as the finest example of just four known 1793 Strawberry Leaf Cents, this important specimen is presented as part of the ESM Collection of US Large Cents. In its last three sales at auction, it realized $79 in June of 1890, $414,000 in December of 2004, and $862,500 in January of 2009, each of the last two sales setting new record prices for a one-cent coin at auction.

Among the 355 variants of early US large cents (1793 to 1814) known to enthusiasts of the series, no variety captures the imagination of specialists so much as the 1793 Strawberry Leaf Cent, named for the distinctive spray beneath the portrait of Liberty that differs from all others of the year. All four of the known specimens are well worn, a fact that contributes to the aura of mystery and desirability that surrounds them.




Stack’s Bowers Galleries is offering the finest known of these four in their August sale, which has been graded Very Good-10 by PCGS. Researcher Walter Breen noted in a 1959 article that this specimen is "the only strawberry leaf coin with all four numerals of the date legible," allowing for the easiest comparison of the very strong similarity between these digits and the punches used on other 1793 Wreath cent varieties. Both sides of this coin are finely and evenly granular, the devices and peripheries a medium shade of brown that contrasts with the deeper dark brown toning present in the fields.

In addition to ranking as the finest known, it is also the most historic survivor of this variety. It was purchased at auction by famous Boston bean-baker Lorin G. Parmelee in October 1877 for $77.50 and was sold alongside his entire collection at auction in 1890, where it realized $79. It went on to be owned by several significant collectors throughout the late-19th and early-20th centuries including Bostonian Dr. Thomas Hall and Virgil Brand of Chicago.

“Any 1793 Strawberry Leaf cent is an historic rarity, but to handle the very finest example for a third time is a true privilege.” said Stack’s Bowers President Brian Kendrella. “In fact, we are one of just three firms to have ever sold this piece at auction over the past 143 years, and we are delighted that the ESM consignor chose to utilize our superior expertise once again.”

In May 1941 it quietly sold to a nearly unknown collector from Maine, Roscoe E. Staples, for $2,750. Roscoe Staples, a successful businessman, joined the Maine National Guard in 1934 and embarked for the Pacific theater in fall 1942. While his troops were actively engaged in taking the Munda airfield from the remaining Japanese forces in 1943, then-Major Staples was shot and killed by a Japanese sniper. Staples was posthumously awarded the Silver Star for bravery, and he was noted for being "a brilliant officer who had the respect of his men and his superiors.". After Staples' death, the coin remained with his family until sold in the Stack’s Bowers Galleries 2004 Frog Run Farm Collection sale.










Today's News

July 22, 2020

Visitors bypass Berlin museums despite star attractions

Frieze Sculpture at Rockefeller Center returns in September 2020

Sotheby's to offer the collection of John Richardson, celebrated Picasso biographer, art historian & artist confidant

Gavin Brown closes his gallery and joins forces with Barbara Gladstone

Major Pierneef landscape heads Strauss & Co July flagship auction on 27 and 28 July

David Kordansky Gallery presents an exhibition of new sculptures and works on paper by Aaron Curry

LeBron rookie card fetches record $1.8 mn at auction

Online exhibition features works concerned with language and communication

1793 Penny that sold for $862,500 to be auctioned

New Jenness Cortez art appreciation YouTube channel "Demystifying the Masters"

Ottocento Art Gallery opens summer exhibition

Creating Space: Design Online open for bidding at Christie's

Hayward Gallery to reopen on 1 August with Among the Trees exhibition and offering free tickets for NHS staff

Mitchell Fine Art exhibits works by Daisy Jugadai Napaltjarri and Molly Jugadai Napaltjarri

The Kochi Biennale Foundation announces its 5th edition of the Kochi-Muziris Biennale

EXPO CHICAGO launches Dine& Virtual Salon series pairing multidisciplinary artists in conversation

Neue Auctions' internet-only Summer Art & Antiques auction slated for July 25

Gerry Judah's touring exhibition launches at Grizedale Forest Gallery

POSITIONS Berlin Art Fair and paper positions.berlin to show works from over 100 galleries

Works by Sujata Bhatt and Inge Mahn on view at Gropius House

American Artist's "Looted" launches today on the Whitney's artport

Ketterer Kunst's 500th anniversary auction: Million euro proceeds despite Coronavirus

Struggling Cirque du Soleil returns to Mexico

Solo exhibition by Colombian artist Santiago Parra on view at JD Malat Gallery

How Fat Burners Can Help to Achieve Desired Body?

Best Golf Breaks at Slaley Hall Golf

Is It Safe to Consume CBD Products and Drive?

Glass Blowing - The Art Of Glass Making




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez

sa gaming free credit

Royalville Communications, Inc
produces:

ignaciovillarreal.org avemariasound.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful