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1794 1C Head of 1794, S-56, B-48, R.3, VF35 Bland, VF30 Noyes; XF45 PCGS Secure. ...
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Sold on Sep 8, 2016 for:
$11,750.00
Bid Source: Live: Floor bidder
Description
1794 S-56 Head of 1794 Cent, XF45
Tied for Ninth Finest Known
Ex: Foster Lardner Collection
1794 1C Head of 1794, S-56, B-48, R.3, VF35 Bland, VF30 Noyes;
XF45 PCGS Secure. Glossy light brown surfaces with diagonal
lines of blue-steel on the obverse. A line of planchet lamination
is noted on the cap, and another from the border at 4:30 extends
diagonally to the throat and creek. This latter lamination has the
appearance of a die crack in the lower right obverse field.Variety Equivalents: Maris 8, Frossard 5.2, Doughty 28, Hays 12, Chapman 45.
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 Z: Blundered N in ONE. A second Office Boy reverse, with the legend poorly spaced, and the ribbon ends misshapen. The N in ONE was first punched inverted, then corrected. The reverse is found only on S-56.
Die State II: Faded clash marks are noted on both sides. Two obverse die cracks, one in the left obverse field, and the other diagonally through the lower hair, meet behind the sixth hair lock.
Rarity and Census: Del Bland records one MS60 and one AU55, along with five coins that grade XF45 or XF40. One of the finer pieces is held in the Carnegie Institute. This example is tied for ninth finest known in Bland's census.
Commentary: Walter Breen noted that planchets for this variety were heavily marred with myriad minute nicks. The variety was often unevenly struck with weakness at the lower left reverse as noted on the Boka specimen. The obverse is illustrated in Morley.
Boka Commentary: When informed by Bob Grellman, in August 2000, that this cent had been "taken" from the ANS collection, J.R. Frankenfield angrily said that he would "destroy it with a hammer before returning it." Luckily he chose not to do that. Due to its disputed ownership this coin was withheld from the Frankenfield sale of 2/17/2001, while another S-56 was inserted to maintain a complete collection; Frankenfield then placed this, along with some other coins, into a box which he sold to his son for $500. The box remained unopened until Frankenfield's death on 1/24/2011. The coin was returned to ANS on 9/28/2011 and was subsequently released, unencumbered, by them on 1/31/2012. Truly a unique history.
Biography: A Providence, Rhode Island actor and magician, Foster Lardner managed a theater in that community. He was born about 1873 and died of a heart attack on May 17, 1934. A long-time member of the American Numismatic Association, Lardner served on the organization's Board of Governors. He specialized in large cents, and sold his first collection at auction through the United States Coin Company in November 1914. B. Max Mehl handled a second collection of 95 exceptional pieces in June 1930.
Provenance: Foster Lardner (B. Max Mehl #81, 6/1930), lot 15; Dr. William H. Sheldon; Stack's (10/1938), lot 289; George H. Clapp (12/19/1946); American Numismatic Society; Dr. William H. Sheldon (4/19/1972); R.E. Naftzger, Jr. (New Netherlands Coin Co., 11/1973), lot 377; Dr. Edward R. Bush (via William R. T. Smith); Myles Z. Gerson (2/1981); Denis W. Loring (5/7/1983); Jack H. Robinson (1/23/1988); J.R. Frankenfield; Frankenfield Estate; returned to ANS (9/28/2011); ANS (de-acquisitioned 1/31/2012) via John R. "Bob" Grellman (2/9/2012); Jon Alan Boka.
From The Jon Alan Boka Collection of 1794 Large Cents.
Coin Index Numbers: (NGC ID# 223P, Variety PCGS# 35630, Base PCGS# 901374, GSID# 76780)
Metal: 100% Copper
Weight: 13.48 grams
Weight: 0.47549oz
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: 19
Lot Tracking Activity: N/A
Page Views: 714
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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