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    Description

    1794 S-21 Head of 1794 Cent, MS64 Brown
    Penny Whimsy Plate
    The Second Finest Known

    1794 1C Head of 1794, S-21, B-5, R.3, MS60 Bland, MS60 Noyes; MS64 Brown PCGS Secure. Sharply detailed with exceptional mahogany and light brown color, faded from original red luster. A slightly darker splash of toning is visible beneath the 9, and additional splashes of maroon are evident on each side, especially at the center of the obverse. The full border details, especially on the obverse, make this piece especially desirable.

    Variety Equivalents: Maris 3, Frossard 22, Doughty 21, Hays 5, Chapman 5.

    Obverse 4: Flattened Pole. This obverse is only found on S-21. The end of the pole is broad and flat or shallow relative to the nearby design elements. Most examples have shallow or absent border detail on the obverse, leading Dr. Maris to his "Sans Milling" mnemonic for the obverse.

    Reverse B: Doubled Berry at AM. This reverse is found on S-19a, S-19b, S-20, NC-7, and S-21. An extra berry is isolated in the field directly over the berry below AM in AMERICA. The heavy, extended dentils are very close to the tops of the legend letters. The stems and ribbon ends are long and closely spaced.

    Die State IV: The obverse is cracked from the rim to the upper serif of B, between IB, to the cap. Another crack begins at the top of the first crack to the top of L, curving down through IB and across the first crack, through the forecurl and forehead to the upper corner of the eyelid. A short crack is visible from the lower left corner of the cap to the rim, and from the center of this crack up to the left center of the cap. Faint clash marks can be seen in the right obverse field. The reverse has advanced die roughness through both branches of the wreath, with heavy clash marks inside the wreath.

    Rarity and Census: While several hundred exist in all grades, this is the second finest 1794 S-21 cent according to Del Bland's Condition Census. Bill Noyes concurs with the grade and the census ranking. The obverse is illustrated in Penny Whimsy. The obverse and reverse are illustrated in Breen's Complete Encyclopedia and in Noyes (2006).

    Commentary: Sheldon wrote: "Maris called this the Sans Milling, because the milling is rarely (if ever) seen complete on the obverse." An examination of the plates in Bill Noyes' United States Large Cents 1793-1794 will show weak obverse border detail on most examples.

    While some large cents frequently trade hands, others remain in collections for long periods. This piece, the second finest known, has been in just nine collections over the last 140 years. Sheldon discussed this coin in Penny Whimsy: "On objective scrutiny only the Proskey-Hines piece seems to stand up to the rather rigorous criteria of MS-60."

    Dr. Edward Maris described 39 varieties of 1794 large cents in his 1869 reference: "The interest excited in the minds of collectors by their variety - a consequence probably of the breakage of dies - is shared by the writer, and has resulted in this attempt to describe the most noticeable peculiarity of each with sufficient accuracy to enable the careful examiner to recognize any given specimen, in a condition not below fair." For the Maris 3 variety, the author wrote: "Not the slightest trace of any milling on this side of the coin, contrasts with the reverse, which is protected by a bold and serrated elevation around the edge."

    Boka Commentary: What more can I say about this beauty? This coin has everything: sharpness, color, fantastic eye appeal, and it is pedigreed to the famous 19th century collector, Dr. Edward Maris.

    Biography: Henry Clay Hines was born on March 2, 1856, in Newark, New Jersey, and died on December 11, 1946. A graduate of Columbia Law School, he was admitted to the bar in 1883, practicing in New Jersey. During the first decade of the 20th century, Hines served in the New Jersey State Assembly. After this service, he found himself in the men's clothing business. Reports indicate that Hines lost more than $1.5 million in the 1929 Wall Street crash. At one time, according to Sheldon, the Hines collection included 600 early dates and 3,500 late dates, the latter including about 300 proofs. Hines had acquired many large cents from David Proskey, and sold much of his collection to Carl Wurtzbach in 1932. Many years later, Dr. Sheldon acquired a number of those coins, establishing the often seen "Proskey-Hines-Sheldon" provenance chain.

    Provenance: Dr. Edward Maris; David Proskey; Henry C. Hines; Dr. William H. Sheldon (4/19/1972); R.E. Naftzger, Jr. (Early American Coppers, 4/1989), lot 21; Dr. Allen Bennett; Walter J. Husak (Heritage Auctions, 2/2008), lot 2023; Paul Gerrie; Chris Victor-McCawley (FPL, 1/6/2012); Jon Alan Boka.
    From The Jon Alan Boka Collection of 1794 Large Cents.

    Coin Index Numbers: (NGC ID# 223P, Variety PCGS# 35528, Base PCGS# 901374)

    Weight: 13.48 grams

    Metal: 100% Copper


    View all of [The Jon Alan Boka Collection of 1794 Large Cents ]

    View Certification Details from PCGS

    Auction Info

    Auction Dates
    September, 2016
    7th-11th Wednesday-Sunday
    Bids + Registered Phone Bidders: 28
    Lot Tracking Activity: N/A
    Page Views: 1,370

    Buyer's Premium per Lot:
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