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Description

Census-Level 1794 S-54 Cent

1794 1C Head of '94. AU53 PCGS. S-54, B-46, R.3. Bland VF35; tied for CC-5. Noyes VF35; tied for CC-4. Photo #28282. Our EAC Grade VF35.

Equivalents.
Maris 7 (Crooked 7); Frossard 5.1; Doughty 27; Hays 11; McGirk 9-D; Ross 8-D; Chapman 43; EAC 44; Encyclopedia 1668; PCGS #901374.

Variety.
Date has 7 leaning sharply to the right. Closed Wreath, terminal leaves touch. The obverse appears on S-54, S-55, and S-56. The reverse appears on S-49, S-50, S-51, S-52, S-53, and S-54. Lettered Edge, leaf points up.

Surfaces.
Pleasing olive surfaces with a small patch of lighter tan above OF. Both sides have a few small splashes of deeper green-brown. A small mark is evident on Liberty's cheek, with another below the T in CENT. The Stack's cataloger described "a cheek nick but full denticles on both sides. Deep brown toning, glossy surfaces, a touch of tan at the top reverse. Steel blue overtones. A really nice overall appearance."

Die State II. Faint reverse clash marks from the obverse hair details are visible within the wreath. A tiny die crack is hidden in the hair, crossing the third hair strand behind the neck.

Appearances. The reverse is illustrated in Early American Cents and Penny Whimsy. The obverse and reverse are illustrated in Noyes (2006).

Census. Although a relatively common variety, high grade examples are nonexistent. Sheldon recorded a single XF40 coin, from the Dr. French Collection, as the finest known. Today, an AU50 coin is considered the best.

Commentary. The long-lasting Closed Wreath reverse die makes its final appearance, in its sixth die marriage, as discussed by Sheldon in Penny Whimsy: "This is the last appearance of the Closed Wreath reverse, which bore up heroically under six marriages in one year, and for a century and a half [now two centuries] afterward has provided cent collectors with one of their best clues to attribution."

Provenance. Norman Stack Collection; Herman Halpern (Stack's, 3/1988), lot 72, $1,870; Chris Victor-McCawley (12/1988); Robinson S. Brown, Jr. (Superior, 1/1996), lot 77, $5,775.

Personality. Though later generations of numismatists have corrected much of his work, the die characteristic and emission sequence articles written by George R. Ross broke new ground in half cent and large cent study. His major writings appeared in The Numismatist between World War I and the early Great Depression, and Thomas Elder sold his extensive large cent collection in May 1937.

Coin Index Numbers: (NGC ID# 223P, Variety PCGS# 35624, Base PCGS# 901374, Greysheet# 76778)

Weight: 13.48 grams

Metal: 100% Copper


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Auction Info

Auction Dates
February, 2008
14th-16th Thursday-Saturday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 830

Buyer's Premium per Lot:
15% of the successful bid per lot.

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