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    1794 S-64, B-50 Cent, MS64 Red and Brown
    The Second Finest Missing Fraction Bar Cent

    1794 1C Head of 1794, No Faction Bar MS64 Red and Brown PCGS. S-64, B-50, Low R.5. Our EAC Grade MS63. Ex: Dan Holmes Collection. Breen Die State III. The reverse is cracked through the D of UNITED, but with the center of that letter still present. Soon after this piece was struck, the interior of that letter left of the crack chipped away. That die crack begins at the border and continues through the D to a leaf, terminating at the branch stem. There are no other cracks on either die. The obverse has trivial clash marks trapped between the bottom of the cap and the upper hair locks, with no other clash marks on either side.

    This impressive piece retains nearly one-third of its original red mint luster, the balance mellowing to light olive, with splashes of maroon patina on the reverse. In the Holmes catalog, Bob Grellman suggested conservatively that 20 to 25% of the original red remains. A small group of planchet voids is located at the lower left obverse, precluding a Gem grade to this otherwise virtually prefect cent. Those voids are mint-made, and should have no effect on the grade, although Bill Noyes calls this piece Mint State with a net grade of AU55 due to those planchet marks.

    Commentary. The reverse die was lapped, with a shortened left ribbon end. Did that die preparation or resurfacing also remove the fraction bar? If so, could there be an extremely early die state with a fraction bar, perhaps masquerading as an S-65? Sheldon-64 has two berries outside of the leaf on the left branch between the D and S. Sheldon-65 has one berry outside of that leaf, and another between the outer leaf pair and the branch stem below the first S.

    Census Notes. In all grades, about 60 to 70 examples of the Missing Fraction Bar cent are known. Only two of those coins are Mint State, and three others are AU. The balance includes six pieces that are graded XF40 or XF45. Bland recorded this piece as MS65 in the Breen Large Cent Encyclopedia, and second finest behind an MS67 prooflike piece that we offered as part of the Husak Collection. Al Boka's census lists the finest known as MS62 prooflike, and this piece as MS60.

    Provenance. Henry C. Miller (Thomas L. Elder, 4/1917), lot 696; Dr. George P. French (B. Max Mehl, 1929 FPL), lot 73; T. James Clarke (5/1955); R.E. Naftzger, Jr. (Goldberg Coins, 9/2008), lot 169; Dan Holmes (Goldberg Coins, 9/2009), lot 101.
    From The Adam Mervis Large Cent Collection.

    Coin Index Numbers: (Variety PCGS# 35709, Base PCGS# 911375)

    View Certification Details from PCGS

    Auction Info

    Auction Dates
    January, 2014
    10th Friday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
    Page Views: 1,796

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Rasmussen Special Edition Catalog
    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.
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