FLOAT
1793 Flowing Hair Chain cent, reverse reading AMERICA in full — the Smithsonian's example of the same issue; the tracked Sheldon-4 PCGS MS65 Brown CAC specimen is a different coin
National Numismatic Collection, Smithsonian Institution

1793 Chain Cent (S-4, AMERICA)

Maker
U.S. Mint (Philadelphia)
Year
1793
Rank
16 of 100

1793 Chain Cent (S-4, AMERICA)

1793 Chain Cent (S-4, AMERICA) by U.S. Mint (Philadelphia) (1793) is ranked 16 in the FLOAT 100 for Coins. It sold for $1,380,000 on 4 January 2025. The first official circulating coin struck by the U.S. Mint; the Chain cent is the birth of American coinage.

What is it, and why is it in the FLOAT 100?

The first official circulating coin struck by the U.S. Mint; the Chain cent is the birth of American coinage.

1c copper, Flowing Hair, Chain reverse, AMERICA with periods, Sheldon-4, PCGS MS65 Brown CAC

What is the best-sourced number for it?

Figure
$1,380,000
Kind
Realized at auction
Date
4 January 2025

Heritage Auctions, FUN US Coins & Platinum Night Signature, Jan 4-6 2025. S-4, PCGS MS65 Brown (Cleneay-Atwater-Eliasberg pedigree), realized $1,380,000 — record for any cent.

This is a realized sale. Somebody paid it. Source.

How this is made

The figure
One reference price, taken from a named public source and shown with its own kind. FLOAT does not average it with anything or adjust it for time.
Realized or not
A realized price is a completed sale. A market asking price and a price-guide value are not sales, and are labeled as such wherever they appear.
Why no grade ladder
Most FLOAT 100 entries are individual objects. There is one of this, so there is no population and no spread across grades to show.
Archive
2026-08-08