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1794 1C Head of 1795, S-68, B-60, R.5, VF30 Bland, VF20 Noyes; VF Details - Tooled -- Genuine PCGS Secure. ...
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Description
1794 S-68 Head of 1795 Cent, VF Details
Bisecting Obverse Crack
Tied for Third Finest Known
1794 1C Head of 1795, S-68, B-60, R.5, VF30 Bland, VF20 Noyes;
VF Details - Tooled -- Genuine PCGS Secure. Both sides have
smooth and attractive olive-brown surfaces with splashes of
bluish-steel patina. A glass reveals fine scratches covering much
of the obverse and reverse surfaces, and PCGS describes the coin as
tooled. Bill Noyes suggests Average Minus surfaces and we agree
with his assessment. However, it is still a Condition Census
example, and exhibits one of the most spectacular die cracks ever
to come out of the early Philadelphia Mint. Variety Equivalents: Hays 55, Chapman 54.
Obverse 35: Close Date and BE. The date is closely spaced and BE nearly touch. The T is fully over the forelock. The bisecting die crack of later die states often identifies this die. The obverse is found only on S-68.
Reverse II: Double Leaves at O in OF, and at D. There is a double leaf below OF, where a triple leaf is normal. The two leaves lie parallel and the outer leaf is narrow. There is also a double leaf at D, to distinguish this die from the other die with two leaves below OF (S-70, 71). The reverse is found on S-66, S-67, S-68, and S-69.
Die State V: The obverse is completely bisected by a die crack from 8 o'clock to 2 o'clock. The left obverse field is biplanar due to this crack.
Rarity and Census: Tied for third finest known according to Del Bland, with one finer example in the ANS Collection. The two finest coins grade AU55 and XF40. Bill Noyes records this piece in the sixth spot in his census.
Commentary: The rarity of this variety has changed only a little since the days of Sheldon so long ago. Perhaps the instantly recognizable obverse is the reason. Sheldon rated the S-68 as R.6 in Early American Cents (1949) and it remained R.6 in Penny Whimsy (1958). The Early Cent Revision that appeared in the July 1973 issue of Penny Wise rated this variety High R.5, and it remained there in Walter Breen's Large Cent Encyclopedia (2000). It has recently changed to a standard R.5, but barely so.
Boka Commentary: Another of my true favorites which I have owned twice and maybe for a third time in the future. I absolutely love the obverse die cracks on this rarity and so will you.
Biography: Denis W. Loring was born May 28, 1947, in Flushing, New York. He is a graduate of Harvard and M.I.T. and works in the insurance business as an actuary. A charter member of Early American Coppers, he is an active contributor to the club, serving as EAC secretary from 1972 to 1978, and again from 1981 to 2005, and ninth vice president from 2005 to the present. He discovered the 1796 NC-6 variety. In 1974 Loring completed a collection of Sheldon-numbered varieties, the fifth person to accomplish such a collection. He was chairman of the EAC Revision Committee, working on a revision of Penny Whimsy during the early 1970s. Breen's Large Cent Encyclopedia incorporated much of that work
Provenance: Paramount International Coin Corporation (11/1973), lot 825; Dr. Robert A. Schuman; Del Bland (3/25/1984); Dr. George E. Ewing, Jr. (6/1994); Jon Alan Boka (4/24/1998); Denis W. Loring; Robert C. Clark (2000 ANA, Bowers and Merena), lot 240; Robert C. Clark; Denis W. Loring; Walter J. Husak (4/8/2001); Jon Alan Boka.
From The Jon Alan Boka Collection of 1794 Large Cents.
View all of [The Jon Alan Boka Collection of 1794 Large Cents ]
Auction Info
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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.
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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