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1794 1C Head of '95. AU58 PCGS. S-68, B-60, R.5....

Lot: 2070, Auction: 2008 February Long Beach, CA Signature Coin Auction #460

Sold for: $80,500.00 (includes BP )
Bid Source: Live: Floor
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You now have the opportunity to acquire very rare items that may not be auctioned again for some time by making an anonymous offer that will make the owner sell.
Ended: Feb 14, 2008
Item Activity: 4 Internet/mail bidders
1,006 page views

Description:

The Finest Known 1794 S-68 Cent

1794 1C Head of '95. AU58 PCGS. S-68, B-60, R.5. Bland AU55; CC-1. Noyes MS60; CC-1. Photo #21047. Our EAC Grade AU55.

Equivalents.
Hays 55; McGirk 4-K; Ross 34-DD; Chapman 54; EAC 58; Encyclopedia 1669; PCGS #1365.

Variety.
Head of '95; bisecting diagonal obverse crack. Double leaf below OF; top terminal leaf bent upwards. The obverse appears on S-68. The reverse appears on S-66, S-67, S-68, and S-69. Lettered Edge, leaf points up.

Surfaces.
Like the S-66 in the Husak Collection, this S-68 is the finest known example of the variety, and an aesthetically pleasing specimen. The obverse has blended light and darker brown with hints of cartwheel luster. The reverse has smooth olive-brown surfaces. There are no blemishes on either side. The H and final D on the edge are filled with Homer Downing's yellow ink.

Die State V. The terminal die state for the variety with a complete bisecting die crack across the obverse, slanting slightly upward from horizontal. The crack begins at about 8:30, crosses the left field and hair, disappears along the cheek due to a trace of wear, and continues from the nose to the border about 2 o'clock.

Appearances. The obverse and reverse are illustrated in Noyes (1991 and 2006), and in Breen's Large Cent Encyclopedia.

Census. Called AU55 by Bland and MS60 by Noyes, this specimen is easily the finest known example. Second best grades no better than XF40. In Penny Whimsy, Sheldon wrote: "The finest one seen is the Saltus-ANS-Downing coin; graded MS60 in EAC, it is here corrected to AU55."

Commentary. The "Bisecting Break" variety is another rarity that is known to the extent of fewer than 40 pieces, to the best of our knowledge. The variety is "another well-known landmark," according to Sheldon.

Provenance. J. Sanford Saltus (10/1899); ANS (12/1950); Homer K. Downing (New Netherlands, 1952 ANA), lot 1700, $340; Harold Bareford (12/1985); Herman Halpern (12/1986); R.E. Naftzger, Jr.; Dr. Allen Bennett.

Personality. J. Sanford Saltus is known as the man who gave his life to numismatics. He was born on March 9, 1853, in New Haven, Connecticut, and died on June 24, 1922 in London. The coroner's report is that his was "Death by Misadventure." Found in his hotel room was a glass of ginger ale and also a glass containing a solution of potassium cyanide used for cleaning coins. It is believed that he drank from the wrong glass. Saltus served as corresponding secretary of the ANS from 1897 to 1898 and again from 1900 to 1905. He also served as president of the New York Numismatic Club and the British Numismatic Society. (#35687)

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Rasmussen Special Edition Catalog
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Rasmussen Signed Limited Edition Catalog
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Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
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Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
55 --- --- --- --- --- ---
58 --- --- --- --- --- ---
60 --- --- --- --- --- ---
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades Mintage Engraver
PCGS 58 1* 0* 1 0  
NGC 58 0 0 0
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auction Galleries.

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Large Cents, 1794 1C Head of '95. AU58 PCGS. S-68, B-60, R.5....


Large Cents, 1794 1C Head of '95. AU58 PCGS. S-68, B-60, R.5....


Large Cents, 1794 1C Head of '95. AU58 PCGS. S-68, B-60, R.5....


Large Cents, 1794 1C Head of '95. AU58 PCGS. S-68, B-60, R.5....

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