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1794 1C Head of 1794, S-55, B-47, R.2, XF40 Bland, XF40 Noyes; XF45 PCGS Secure. ...
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Description
1794 S-55 Head of 1794 Cent, XF45
Tied for Fifth Finest Known
1794 1C Head of 1794, S-55, B-47, R.2, XF40 Bland, XF40 Noyes;
XF45 PCGS Secure. Smooth golden-tan surfaces have a few
splashes of darker toning on each side, exhibiting the usual
grade-consistent surface marks. Additional marks on each side
remain from the planchet before this piece was struck. A few faint
hairlines include a small cluster on Liberty's neck that were not
mentioned in the Gerrie catalog.Variety Equivalents: Maris 9, Frossard 5.3, Doughty 29, Hays 13, Chapman 44.
Obverse 26: 7 Leans Right. The 7 leans sharply to the right on this obverse, and its tail nearly touches a border dentil. There is wide spacing between the top three hair locks. This obverse is found on S-54, S-55, and S-56.
Reverse Y: A in STATES High, Leans Left. Sometimes called the Office Boy reverse, for the rather amateurish appearance of the reverse. The letters TED are each successively higher, the A in STATES is high, leans left, and too close to the first T, the M in AMERICA leans to the right, and that entire word is poorly spaced. If Robert Scot engraved this die, he must have exceeded his daily rum allotment. This reverse is found only on S-55.
Die State II: Both dies have been polished to remove the clash marks that appeared in earlier die states, although remnants of a clash mark remain at the upper junction of the hair and cap.
Rarity and Census: Del Bland grades this piece XF40 and tied for the fifth finest known, behind pieces that grade AU55, AU50, and two XF45. Bill Noyes grades this piece XF40 and alone in the fifth position.
Commentary: Grading assignments of the finest known Shumway-Hines specimen illustrate changes in grading standards, even among early copper collectors. Sheldon graded that coin MS65 in Early American Cents (1949) and in Penny Whimsy (1958). Del Bland graded the coin MS60 when Breen's Large Cent Encyclopedia was published in 2000. Bland currently grades the coin AU55, and Bill Noyes grades the coin AU50.
Boka Commentary: With choice 1794 color "to die for" this lovely cent will surely be a great enhancement to any perfectionist's collection.
Biography: Trained as an engineer, Paul Gerrie, Jr. spent most of his adult life operating a consulting business, Questa Petroleum, in Pittsburgh, Pennsylvania. In 1992, at the age of 48, he relocated to McMinnville, Oregon where he purchased a winery. Gerrie was an avid early cent collector who focused on quality. His collection of 83 Sheldon varieties, including 43 1794 cents, was sold through Goldberg Coins in February 2013.
Provenance: Baltimore (11/2001); James R. McGuigan (4/2002); Paul Gerrie (Goldberg Coins, 2/2013), lot 32; Jon Alan Boka.
From The Jon Alan Boka Collection of 1794 Large Cents.
Coin Index Numbers: (NGC ID# 223P, Variety PCGS# 35627, Base PCGS# 901374, GSID# 76779)
Metal: 100% Copper
Weight: 13.48 grams
Weight: 0.48oz
View all of [The Jon Alan Boka Collection of 1794 Large Cents ]
Auction Info
2016 September 7 - 11 Long Beach Expo US Coins Signature Auction - Long Beach #1239 (go to Auction Home page)
Auction Dates
September, 2016
7th-11th
Wednesday-Sunday
Bids + Registered Phone Bidders: 30
Lot Tracking Activity: N/A
Page Views: 972
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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