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1794 1C Head of 1793 VF30 PCGS. S-19a, B-3a, High R.5. Our EAC Grade Fine 15. ...
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Sold on Jan 10, 2014 for:
$27,025.00
Bid Source: Live: Floor bidder
Description
1794 S-19a, B-3a Cent, VF30
Head of 1793, Edge of 1793
A Census Level Specimen
1794 1C Head of 1793 VF30 PCGS. S-19a, B-3a, High R.5. Our EAC
Grade Fine 15. Ex: Husak Collection. 1793 Edge Device. Breen
Die State I with a light obverse die bulge from the cap to middle
hair curls. The surfaces are glossy and dark brown, as expected
from the crude, darker planchets used on this variety. Lightly
abraded with traces of corrosion on the lower reverse; dark maroon
patina can be seen on each side. The obverse has a minuscule rim
bruise at 2 o'clock. Portions of the reverse are covered with an
unidentified, possibly removable substance. As so often on the
early cents, the description of imperfections makes the coin sound
worse than it actually is.Commentary. Breen suggested that all of the Head of '93 cents were coined January 10 - 13, 1794, with a delivery of 11,000 pieces on the latter date. Some of these were probably struck from the new copper that arrived in November 1793 from Taylor and Bailey of London.
Maris identified S-19 as the "ugly tooth" reverse, since the denticles are long and heavy with sharp points. Perhaps not the most endearing of descriptions, but the desirability of this variety is derived from its rarity and not superior die engraving.
Census Notes. Although this example has the second best sharpness of any known example, it ranks lower in the Census due to minor grade deductions. Del Bland records it as third finest in his Census, while Bill Noyes ranks the coin as fifth finest. The finest example is a VF30 coin from the Daniel Holmes Collection, graded AU50 by Sheldon and identified by him in 1949 as the only high-grade, light-colored example he had seen. It is also identified by Bland as the discovery coin for the variety, with a pedigree dating back to Harlan P. Smith, circa 1900.
Sheldon described the present coin from the Dupont Collection as second finest known in Penny Whimsy. Two others, including one in the ANS, grade VF20. Just over 30 examples are known today, at least half discovered in the past 25 years. Most of the recently discovered examples are in lower grades. Five of the top six have been known for more than 50 years.
Provenance. Carl Wurtzbach; Charles J. Dupont (Stack's, 9/1954), lot 27; Dorothy Paschal (5/1975); Denis W. Loring (5/1983); Del Bland; Jack H. Robinson; Douglas F. Bird; Gary Ruttenberg (McCawley & Grellman Auctions, 8/1996), lot 72; Wes Rasmussen (Heritage, 1/2005), lot 3024; Walter Husak (Heritage, 2/2008), lot 2020.
From The Adam Mervis Large Cent Collection.
Coin Index Numbers: (NGC ID# 223N, Variety PCGS# 35516, Base PCGS# 1362, Greysheet# 76741)
Weight: 13.48 grams
Metal: 100% Copper
Auction Info
2014 January 10 The Adam Mervis Large Cent Collection FUN Signature Auction - Orlando #1200 (go to Auction Home page)
Auction Dates
January, 2014
10th
Friday
Bids + Registered Phone Bidders: 22
Lot Tracking Activity: N/A
Page Views: 2,016
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
Rasmussen Special Edition Catalog
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This hard bound volume contains the magnificent Wes Rasmussen Large Cent Collection, formed by a former President of the Early American Coppers society which was auctioned at the 2005 Florida United Numismatic Auction. Reserve your copy of this remarkable volume for just $75 today.
Rasmussen Signed Limited Edition Catalog
A hard bound limited library edition of the Wes Rasmussen Collection Catalog, signed by Wes Rasmussen, Mark Borckardt, Greg Rohan, and Denis Loring, is available while supplies last. Only 100 produced. Reserve your copy of this remarkable limited edition signed volume for just $150 today.
A hard bound limited library edition of the Wes Rasmussen Collection Catalog, signed by Wes Rasmussen, Mark Borckardt, Greg Rohan, and Denis Loring, is available while supplies last. Only 100 produced. Reserve your copy of this remarkable limited edition signed volume for just $150 today.
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