1793 1C Flowing Hair Chain Cent AMERICA PCGS VF20. Every moderate to advanced coin collection has the Flowing Hair Large Cent example as a space that needs to be filled. The Sheldon-1 coin, more favorably known as the AMERI variety, is the first Large Cent struck by the Philadelphia mint. This coin almost always carries a premium over the AMERICA variety, the Sheldon-2 design that followed. Both designs make up a total mintage of 36,103 coins.
Most survivors that are submitted for certification never achieve the whole grade on the insert. They are usually described as “environmental damage” or “corrosion.” The ravages of time just don’t favor copper all that much, especially copper coins that have value and must be spent, being handled by one temporary owner to another.
PCGS has only certified 26 coins in this grade of Very Fine-20. This should be reason enough to consider adding this coin to your collection.
The present example has wonderful milk chocolate fields with some darkness towards the date of 1793, which is unusually strong for a coin in this grade. We really like the look of this coin, especially when compared to others that have been brought up to public auction. On the reverse, the chain and the devices within are exceptionally well-struck and the lettering is quite delightful.