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1794 S-23 R4+ MS64 Brown PCGS, CAC Approved. ...
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Sold on Jan 4, 2024 for:
$90,000.00
Bid Source: Live: Floor bidder
Description
1794 HEAD OF 1794 CENT, MS64 BROWN
THE FINEST GRADED S-23
1794 S-23 R4+ MS64 Brown PCGS, CAC Approved. Lustrous olive
and steel brown mixed with lighter frosty chocolate and reddish
brown. A small spot of darker olive brown toning just left of the
base of the 1 in the date is the best identifying mark on this
beautiful cent. A faint, jagged planchet lamination visible only
with the aid of a powerful glass meanders from the right side of
the B in LIBERTY down into the hair left of the forehead with
another equally faint lamination meandering from the leaves under
the second A in AMERICA down to the dentils just right of the
fraction. These laminations look like very fine die cracks.
Otherwise the surfaces are satiny and the eye appeal of this cent
is excellent. LDS, Heck die state 5, Breen state V, with all the
die cracks clear, including the final crack from the rim through
the right top of the Y to the nose. The die state is not terminal,
however, as the cracks are known stronger than they are on this
example, and there is no hint of a bulge at NT in CENT. Called AU55
by both Noyes (photo #21756) and Bland, and tied for finest known
honors in both census lists with one other example that's
permanently impounded in the ANS Museum. The next best grades only
VF30 or VF35 depending on the census list used, so this is the
finest available to collectors by a wide margin. This cataloger's
EAC grade is AU55. (A previous owner of this cent was Walter Husak,
and it was one of his favorite large cents. He made commemorative
t-shirts picturing this cent for distribution to family and friends
several years prior to selling his collection in 2008. This
cataloger (JRG) and Dan Holmes both were honored to receive one of
those special souvenir shirts from Walter.) The attribution and Dan
Holmes Collection provenance are noted on the PCGS label. PCGS
population 1; none finer. 35534.64/13666802.Discovered in England in 1957-Stack's 1957-C. Douglas Smith 6/1958-Dorothy I. Paschal-Dr. William H. Sheldon 4/1972-R. E. Naftzger, Jr. 2/23/1992-Eric Streiner 4/1992-Dr. Allen Bennett 2001-Walter J. Husak, Heritage Auctions 2/15/2008:2025-Chris McCawley 3/17/2008-Daniel W. Holmes, Jr., McCawley & Grellman Auctions/Goldbergs 9/6/2009:38-The Liberty Cap Foundation.
Dr. Nicholas Way, the son of Frances Way of Wilmington, Delaware, was commissioned as the Mint Treasurer on May 20, 1794. The elder Way was a highly respected member of the Friend's Society. Nicholas Way was born about the year 1750, or possibly a little earlier. He received the degree of Bachelor of Medicine from the University of Pennsylvania in 1768, and the Doctor of Medicine degree in 1771. He practiced medicine in Wilmington where he tutored others in his profession. For many years, Way opened his home in Wilmington to those who left Philadelphia to escape yellow fever, and he aggressively treated the disease. Like many officers of the first Mint, Dr. Way was a member of the American Philosophical Society, elected to membership on January 15, 1773. As a prominent Philadelphia physician, Way was a member of the Committee of Citizens visiting yellow fever victims. Way died of the disease himself in September 1797.
From The Collections of Walter J. Husak and The Liberty Cap Foundation.
Coin Index Numbers: (NGC ID# 223P, Variety PCGS# 35534, Base PCGS# 901374, Greysheet# 76747)
Weight: 13.48 grams
Metal: 100% Copper
Auction Info
2024 January 4 The Collection of Walter J. Husak and the Liberty Cap Foundation US Coins Signature® Auction - Orlando FUN #1370 (go to Auction Home page)
Auction Dates
January, 2024
4th
Thursday
Bids + Registered Phone Bidders: 35
Lot Tracking Activity: N/A
Page Views: 534
Buyer's Premium per Lot:
20% of the successful bid per lot.
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