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1794 1C No Fraction Bar, S-64, B-50, Low R.5, VF35 PCGS....
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Sold on Jan 12, 2022 for:
$22,800.00
Bid Source: HA.com/Live bidder
Description
1794 S-64, B-50 Cent, VF35
The Missing Fraction Bar
Ex: Arthur Sargent Collection
1794 1C No Fraction Bar, S-64, B-50, Low R.5, VF35 PCGS. Ex:
Sargent-Reinoehl-Boka. Breen Die State I. The perfect reverse
before the crack developed at the D in UNITED. When he was making
this die, the engraver forgot to include the fraction bar that
divides 1 and 100 on the reverse. Known for that omission, the
Missing Fraction Bar variety is famous among early cent collectors
and carries a separate Guide Book listing. This die was a
favorite of Dr. Sheldon, who wrote in Penny Whimsy: "This is
a beautifully executed reverse, with excellent spacing throughout
and fine engraving of the leaves. All the detail about the ribbon
bow and fraction is perfect and symmetrical, except for the strange
omission of the fraction bar." Some, including the cataloger, have
suggested that perhaps the fraction bar was originally part of the
die, then removed during repairs to the die. However, that doesn't
make sense as die polishing sufficient to remove the entire
fraction bar would have certainly obliterated other detail as
well.Although one of the rarer varieties in the 1794 series, a number of higher-grade examples are known. Del Bland grades the Boka specimen VF30, and it ranks 13th in his Condition Census. One finer example is part of the ANS Collection. Bill Noyes lists this example in the 14th spot, tied with two others. Al Boka commented: "This is a tough variety to track down in this nice condition and with such an enviable pedigree. Luckily, my longtime friend Bruce Reinoehl was willing to let me own it after a frustrating, many years, search for such a respectable example." An extremely attractive cent with greenish-brown and chestnut surfaces. This well-centered example has scattered, grade-consistent surface marks and a faint scratch just below Liberty's eye. Our EAC grade VF30. PCGS No Fraction Bar Population: 2 in 35, 9 finer. PCGS S-64 Population: 1 in 35, 7 finer (11/21).
Ex: Consigner with the initial "M" (c. 1910); Samuel H. Chapman; Arthur Sargent (S.H. Chapman, 6/1913), lot 451; "Clay;" Hazen B. Hinman (Paramount International Coin Corp., 4/1965), lot 142; unknown; New England Rare Coin Auctions, 3/1978), lot 581; John R. "Bob" Grellman, Jr. (7/22/1979); Dr. Bruce M. Reinoehl (3/22/2012); Jon Alan Boka Collection (Long Beach Signature, Heritage Auctions, 9/2016), lot 5349.
From The Arizona Collection.
Coin Index Numbers: (NGC ID# 223P, Variety PCGS# 35708, Base PCGS# 911374, Greysheet# 76788)
Weight: 13.48 grams
Metal: 100% Copper
View all of [The Arizona Collection ]
Auction Info
2022 January 12 - 16 FUN US Coins Signature® Auction - Orlando FUN #1341 (go to Auction Home page)
Auction Dates
January, 2022
12th-16th
Wednesday-Sunday
Bids + Registered Phone Bidders: 29
Lot Tracking Activity: N/A
Page Views: 1,052
Buyer's Premium per Lot:
20% of the successful bid per lot.
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