1794 Normal Head, Small Edge Letters, B-3b, C-5a, High R.4, XF40 PCGS. Our EAC Grade VF30....

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Description

1794 B-3b, C-5a Half Cent, XF40
Rare Late Die State

1794 Normal Head, Small Edge Letters, B-3b, C-5a, High R.4, XF40 PCGS. Our EAC Grade VF30. Please refer to lot 3023 for equivalents, rarity, die, and edge descriptions.
Surfaces. Pleasing olive-brown surfaces exhibit scattered, grade-consistent marks with a microscopic vertical scratch along Liberty's upper hairline.
Die State. Manley Die State 2.0. The obverse shows clash marks in the usual locations with small defects at B and E of LIBERTY. The usual die state encountered for this variety is Manley's state 1.0 without clash marks. He describes this late die state as "Very rare."
Appearances. Illustrated at PCGS Coin Facts.
PCGS Population (6/2022). For all nine 1794 die pairs, PCGS has certified 44 examples in XF40, and 149 higher grade coins. However, among those attributed as B-3b, C-5a, this coin is the only XF40, with just two finer coins that grade MS63 Brown (also included in the McGuigan Collection) and MS64+ Brown.
Commentary. Finest known of the variety is the Missouri Cabinet coin that grades MS64+ PCGS. The other McGuigan Collection coin is the second finest known, followed by one or two coins in the XF45 to AU55 grade range.
McGuigan Commentary. Choice glossy dark brown surfaces. Late die state (M2.0) with clash marks around the portrait and with lump-like die defects between "BE" and at the lower left of "B" in LIBERTY.
Provenance. Ex: Gene Braig (4/29/1993); Michael Demling (5/2/2014).
Personality. Architect Michael Demling operates Michael Demling Associates, specialists in casino design for 30 years. Demling attended Kansas State University, earning a Bachelor of Architecture degree in 1974. A collector and dealer in colonial coinage, Demling has provided bourse floor layouts for many of the annual Early American Coppers conventions. He is the author of important references including attribution guides for New Jersey coppers and U.S. half cents.
From The James R. McGuigan Half Cent Collection.

Coin Index Numbers: (NGC ID# 2223, Variety PCGS# 35042, Base PCGS# 1003, Greysheet# 80847)

Weight: 6.74 grams

Metal: 100% Copper

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Special Terms for the McGuigan Collection:
12 equal monthly payments with 3% APR interest starting at Day 46. Invoice released when invoice is paid in full.
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6 equal monthly payments with interest at 6% APR starting at Day 46. Invoice released within certain limits. Please contact the Heritage Credit Department at CreditDept@HA.com prior to the auction.