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Lot
2473

1794 1C Head of 1794 VF30 NGC. NC-10, B-31, Unique. Our EAC Grade Fine 12. ...

2014 January 10 The Adam Mervis Large Cent Collection FUN Signature Auction - Orlando #1200

 
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Auction Ended On: Jan 10, 2014
Item Activity: 10 Internet/mail/phone bidders
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Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:
The Unique 1794 NC-10, B-31 Cent, VF30
Discovered in 1994
1794 1C Head of 1794 VF30 NGC. NC-10, B-31, Unique. Our EAC Grade Fine 12. Ex: Mervis Collection. Perfect dies. Listing a "Breen Die State" is illogical since this variety is unique, and both dies are perfect with no deterioration. The obverse is well centered with full border dentilation, while the reverse border is flat over OF AMERICA, suggesting the die faces were slightly out of parallel in the press. This lovely cent has an attractive two-tone appearance with chestnut and steel-brown fields, and slightly lighter brown devices. A small planchet void is noted in the wreath below the ME of AMERICA. The surfaces are nearly smooth with microscopic roughness. A tiny rim bruise over the A in STATES is partially hidden by the NGC tab.

Commentary. The appearance of two new 1794 large cent varieties in a period of eight months from July 27, 1994, to March 20, 1995, provided a challenge for the present cataloger, who at the time was editing the Breen Large Cent Encyclopedia. Breen developed his emission sequence and numbered the 1794 varieties accordingly. Throughout the manuscript, his text referred to those numbers. When the NC-10 was discovered, the placement in the emission sequence had to be determined, and the entire manuscript had to be reviewed to renumber the 1794 varieties. The process was far beyond a simple search and replace. Variety numbers appeared in the introductory material, in the 1794 chapter, and in the "Oops!" chapter. All other chapters also had to be reviewed to be certain there wasn't a random comment somewhere else in the book that referred to a 1794 cent variety. The variety table at the end of the chapter also required updating. The process took several weeks. Eight months later, when the NC-11 was discovered, the same lengthy process was repeated, and it was hoped that the book would be published before an additional variety was discovered. Now, more than a dozen years after publication, the early copper community still awaits the discovery of NC-12.

Census Notes. Del Bland and Bill Noyes both grade this piece VG10. However, we agree with Bob Grellman that Fine 12 is more accurate.

Provenance. Christopher B. Young, who purchased this piece unattributed on 7/27/1994; Robinson S. Brown, Jr. (Superior, 1/1996), lot 61; Dan Holmes (Goldberg Coins, 9/2009), lot 70; Daniel Trollan (6/12/2012); Greg Hannigan.
From The Adam Mervis Large Cent Collection.(Registry values: P1) (NGC ID# 223P, PCGS# 901374)

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Rasmussen Special Edition Catalog
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