LOT Old Heritage Auctions  /  2008 February Long Beach Signature Coin #460  / 

2037

1794 1C Head of '94. AU50 PCGS. S-35, B-21, R.5.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:7,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1794 1C Head of '94. AU50 PCGS. S-35, B-21, R.5.
<B>1794 1C Head of '94. AU50 PCGS. S-35, B-21, R.5. </B></I> <B>Bland VF35; tied for CC-2. Noyes VF30; CC-3. Photo #21497. Our EAC Grade VF35.<BR><BR>Equivalents. </B></I>Maris 53; Frossard 21; Hays 29; McGirk 1-C; Ross 18-T; Chapman 28; EAC 20; <I>Encyclopedia </B></I>1662; PCGS #901374.<BR><B><BR>Variety. </B></I>Seven slender locks, the lowest delicately formed. Single berry left of ribbon bow; lowest leaf points to final A. The obverse appears on S-35. The reverse appears on S-34, S-35, and NC-1. Lettered Edge, leaf points up.<BR><B><BR>Surfaces. </B></I>Glossy olive and medium brown with minor nicks on the cheek and a few other small marks on each side. An attractive and desirable example.<BR><B><BR>Die State VIII.</B></I> The latest die state with heavy obverse die cracks, especially through right side of E to Liberty's hair, reaching the lower border between 9 and 4, a second crack through the Liberty cap, and a die chip below Liberty's ear. Another faint crack connects the lower corner of the cap to the lower hair locks and the shoulder loop. The reverse has light clash marks, as always. Probably the terminal die state for the variety, explaining its rarity. Undoubtedly one of the last coins produced by the obverse die.<BR><BR><B>Appearances. </B></I>The obverse is illustrated in Noyes (1991). The obverse and reverse are illustrated in Noyes (2006).<BR><BR><B>Census. </B></I>Noyes records five coins that grade VF or better. Three of those are in the ANS Collection, placing this piece as one of the two finest examples available to collectors and clearly the finest terminal state piece.<BR><BR><B>Commentary. </B></I>The S-35 was discovered by Ed. Frossard, who located the first known example in the collection of George Merritt., It is sometimes called the Frossard Variety. The Maris number above was assigned after its discovery, nearly a decade after publication of the Maris books.<BR><BR><B>Provenance. </B></I><I>Discovered in an Australian Collection; Empire Coin (6/1965); Dorothy Paschal; Dr. William H. Sheldon (4/1972); R.E. Naftzger, Jr. (2/1992); Eric Streiner (1/1993); Tom Morley (10/1993); Dr. Robert Schuman (4/1995); Dr. Allen Bennett.</B></I><BR><BR><B>Personality. Empire Coin Company</B></I> was the early partnership of Q. David Bowers and James F. Ruddy. The firm was active from 1956 to 1966, at which time it was acquired by Paramount International Coin Corporation. The firm became widely known after receiving national publicity following the purchase of an 1894-S dime.<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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