For the second time in my life, I own a Chain Cent.......

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TPRC
TPRC Posts: 3,819 ✭✭✭✭✭
edited October 29, 2022 2:28PM in U.S. Coin Forum

Well, not a very nice one, but a Chain Cent nonetheless...



Tom

Comments

  • jesbroken
    jesbroken Posts: 11,252 ✭✭✭✭✭
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    Let's see the reverse, please. I had one in the 70's and for the life of me, I have no idea what happened with it.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • TPRC
    TPRC Posts: 3,819 ✭✭✭✭✭
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    @jesbroken said:
    Let's see the reverse, please. I had one in the 70's and for the life of me, I have no idea what happened with it.
    Jim

    Photos added

    Tom

  • braddick
    braddick Posts: 25,185 ✭✭✭✭✭
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    Such a great coin to own.
    Congrats on yours.
    I remember purchasing one for 1K back in the late 1980s and subsequently having PCGS grade it. Came back as a GD04.
    I sure wish I had kept it!

  • WilliamF
    WilliamF Posts: 866 ✭✭✭✭✭
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    I've owned a 1793 wreath cent (sold it) and I have a '93 Liberty Cap but the chain cent is one I have yet to acquire :)

    ."It's a dangerous business... going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to" -JRR Tolkien_________________________________________________________________________________________________________________________________________Outstanding BST transactions as a seller, buyer and trader with: ----- mustanggt, Kliao, claudewill87, MWallace, paesan, mpbuck82, moursund, basetsb, lordmarcovan, JWP, Coin hunter 4, COINS MAKE CENTS, PerryHall, Aspie_Rocco, Braddick, DBSTrader2, SanctionII, Histman, The_Dinosaur_Man, jesbroken, CentSearcher ------ANA Member #3214817

  • SoCalBigMark
    SoCalBigMark Posts: 2,851 ✭✭✭✭✭
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    The first American butter face...

  • LanceNewmanOCC
    LanceNewmanOCC Posts: 19,999 ✭✭✭✭✭
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    @TPRC said:

    Well, not a very nice one, but a Chain Cent nonetheless...

    ok. i finally have formulated my comment.

    your example is the best worst one i've ever seen!

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • TPRC
    TPRC Posts: 3,819 ✭✭✭✭✭
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    @LanceNewmanOCC said:

    @TPRC said:

    Well, not a very nice one, but a Chain Cent nonetheless...

    ok. i finally have formulated my comment.

    your example is the best worst one i've ever seen!

    Actually, I have to agree with that. The planchet quality is quite good and that is very important to me with early copper. The reverse does have some unfortunate scratches, however.

    Tom

  • Moose1913
    Moose1913 Posts: 406 ✭✭✭
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    @Dave99B said:
    Great surfaces for a Chain Cent! Congrats!

    I've owned two, an ANACS F2 and an ANACS G4. I still own the latter.

    Dave

    It was actually an ANACS P01. It now lives in a PCGS PO01 holder and 16 years after buying it from you it still fascinates me. 😎

    I pick things up
    I am a collector
    And things, well things
    They tend to accumulate
  • WilliamF
    WilliamF Posts: 866 ✭✭✭✭✭
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    @Moose1913 said:

    @Dave99B said:

    It was actually an ANACS P01. It now lives in a PCGS PO01 holder and 16 years after buying it from you it still fascinates me. 😎

    do you have any pictures of it? :)

    ."It's a dangerous business... going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to" -JRR Tolkien_________________________________________________________________________________________________________________________________________Outstanding BST transactions as a seller, buyer and trader with: ----- mustanggt, Kliao, claudewill87, MWallace, paesan, mpbuck82, moursund, basetsb, lordmarcovan, JWP, Coin hunter 4, COINS MAKE CENTS, PerryHall, Aspie_Rocco, Braddick, DBSTrader2, SanctionII, Histman, The_Dinosaur_Man, jesbroken, CentSearcher ------ANA Member #3214817

  • Dave99B
    Dave99B Posts: 8,947 ✭✭✭✭✭
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    That’s right Mathew, it was a P01! Scratch the F02. Gradeflation, I guess? 😂.

    I too would love to see her again!

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • lcutler
    lcutler Posts: 747 ✭✭✭✭
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    Any chain cent is a good one! Congratulations to all who have one for a great historic coin!

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    Congratulations to those lucky individuals that have a chain cent. I have hoped to find one while metal detecting... Very possible where I live. No luck so far... Cheers, RickO

  • fishteeth
    fishteeth Posts: 2,267 ✭✭✭✭✭
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    Nice smooth coin. The amount of history that one has seen

  • NumisOxide
    NumisOxide Posts: 11,048 ✭✭✭✭✭
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    Congrats! Very cool coin.

  • hbarbee
    hbarbee Posts: 226 ✭✭✭✭
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    Very Impressive coin for the grade. PCGS #1341 commands $3,500. in the Price Guide even for PO01.

  • TimNH
    TimNH Posts: 278 ✭✭✭✭
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    @TPRC said:

    Well, not a very nice one, but a Chain Cent nonetheless...

    I am hunting for a Chain, and think yours is beautiful, like gazing into deep history. Strange that the chain has worn off more than the face, usually that rugged old chain is the last thing standing.

  • Dave99B
    Dave99B Posts: 8,947 ✭✭✭✭✭
    edited October 30, 2022 8:45PM
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    Love your PCGS P01 Mathew, and you’re right…great surfaces! Glad you still love it. Damn … Chains are special, in any condition.

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • TPRC
    TPRC Posts: 3,819 ✭✭✭✭✭
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    @Moose1913 said:

    @Dave99B said:
    That’s right Mathew, it was a P01! Scratch the F02. Gradeflation, I guess? 😂.

    I too would love to see her again!

    Dave

    I need to take some better pictures of it! The top two Dave took when it was still in the ANACS slab. The surfaces are amazing.

    For copper, I am a big fan of planchet quality. Yours is nearly flawless, and is perfect for the grade, and I think that can be said even for a PO-1!

    Tom

  • WilliamF
    WilliamF Posts: 866 ✭✭✭✭✭
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    @TPRC said:
    For copper, I am a big fan of planchet quality....

    Same here! I don't have a chain cent but heres my closest... a 1794 in ANACS PO1! :)
    As far as early copper goes this planchet is just superb in my opinion!

    ."It's a dangerous business... going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to" -JRR Tolkien_________________________________________________________________________________________________________________________________________Outstanding BST transactions as a seller, buyer and trader with: ----- mustanggt, Kliao, claudewill87, MWallace, paesan, mpbuck82, moursund, basetsb, lordmarcovan, JWP, Coin hunter 4, COINS MAKE CENTS, PerryHall, Aspie_Rocco, Braddick, DBSTrader2, SanctionII, Histman, The_Dinosaur_Man, jesbroken, CentSearcher ------ANA Member #3214817

  • BillJones
    BillJones Posts: 35,935 ✭✭✭✭✭
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    I don't have a pictures of my first Chain Cent. It was an AMERI., S-1, that Gimbels graded "Fair to Good." The obverse portrait was sort of a shadow and the date had been enhanced. The chain was strong on the reverse, and you could make out the "AMERI." It may have been in a fire.

    I paid $270 for it and sold it at an EAC convention for $450 a few years later. A dealer there told me he would have paid more.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • golden
    golden Posts: 10,536 ✭✭✭✭✭
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    Chain Cents are always cool!

  • thebeav
    thebeav Posts: 4,118 ✭✭✭✭✭
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    Very cool !
    I've never owned one........

    My Ebay Coin Store
  • d9lowe
    d9lowe Posts: 312 ✭✭✭✭
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    What is a chain cent?

  • Omegaraptor
    Omegaraptor Posts: 541 ✭✭✭✭✭
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    @d9lowe said:
    What is a chain cent?

    "You can't get just one gun." "You can't get just one tattoo." "You can't get just one 1796 Draped Bust Large Cent."

  • NeophyteNumismatist
    NeophyteNumismatist Posts: 1,117 ✭✭✭✭✭
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    Congratulations. The chain cent is a special coin. Unfortunately, I have never had one in my hand. Thanks for sharing them with us.

    I am a newer collector (started April 2020), and I primarily focus on U.S. Half Cents and Type Coins. Early copper is my favorite.

  • Omegaraptor
    Omegaraptor Posts: 541 ✭✭✭✭✭
    edited October 31, 2022 5:48PM
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    @d9lowe said:
    What is a chain cent?

    But in all seriousness. The Chain Cent is the first cent struck at the Philadelphia Mint in 1793. 36,103 of them were reported to have been struck before the unpopular design was changed mid-year. The copper was also scrap copper of notoriously poor quality (copper nails, etc were recycled to strike these coins), leading to Chain Cents often having planchet defects.

    This is the finest Chain Cent - it is graded SP65 Brown at PCGS, and has a semi-prooflike surface. There is a very good chance that this was the first Chain Cent struck. The streak at OF on the reverse is - you guessed it - a planchet defect.

    "You can't get just one gun." "You can't get just one tattoo." "You can't get just one 1796 Draped Bust Large Cent."

  • d9lowe
    d9lowe Posts: 312 ✭✭✭✭
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    @Omegaraptor said:

    @d9lowe said:
    What is a chain cent?

    But in all seriousness. The Chain Cent is the first cent struck at the Philadelphia Mint in 1793. 36,103 of them were reported to have been struck before the unpopular design was changed mid-year. The copper was also scrap copper of notoriously poor quality (copper nails, etc were recycled to strike these coins), leading to Chain Cents often having planchet defects.

    This is the finest Chain Cent - it is graded SP65 Brown at PCGS, and has a semi-prooflike surface. There is a very good chance that this was the first Chain Cent struck. The streak at OF on the reverse is - you guessed it - a planchet defect.

    Very cool! Thank you for the explanation!!

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