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

2045

1794 1C Head of '94. AU55 PCGS. S-43, B-32, R.2

Currency:USD Category:Coins & Paper Money / US Coins Start Price:8,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1794 1C Head of '94. AU55 PCGS. S-43, B-32, R.2
<B>1794 1C Head of '94. AU55 PCGS. S-43, B-32, R.2.</B></I> <B>Bland XF45; tied for CC-7. Noyes VF35; tied for CC-13. Photo #31900. Our EAC Grade XF40.<BR><BR>Equivalents. </B></I>Maris 22; Frossard 13.2; Doughty 43; Hays 34; McGirk 3-G, 3-G2; Ross 23-M; Chapman 35; EAC 30; <I>Encyclopedia </B></I>1668; PCGS #901374.<BR><B><BR>Variety. </B></I>The back of the bust is short; seven hair locks. Short spine from leaf right of base of E in ONE; usually weak at OF. The obverse appears on S-43, S-44, NC-5, and NC-10. The reverse appears on S-42 and S-43. Lettered Edge, leaf points up. This obverse is known as the Short Bust. The back of the bust at the shoulder does not meet the first strand of hair, a diagnostic for identification.<BR><B><BR>Surfaces. </B></I>Dark brown with traces of lighter tan and deeper steel. Slight planchet marks, faint hairlines, and other tiny imperfections are evident. The reverse has a slight rim bruise over ER. The left obverse and reverse borders are slightly deeper than the opposing borders. A fully natural-appearing cent, with surface color testifying to proper storage over many years. Unlike many, this piece has never been cleaned or recolored. Although he was unable to explain why, Breen notes that "many of the best survivors have been recolored."<BR><BR><B>Die State I. </B></I>An early die state from perfect dies without cracks or clash marks, except for the faint reverse crack over A in STATES that Breen describes.<BR><BR><B>Census. </B></I>Only one Mint State example of this otherwise-common variety is known, along with half a dozen that grade AU50. The single Mint State coin was acquired by the ANS from George Clapp and returned to the ANS by R.E. Naftzger, Jr. in 2001. At least two dozen grade VF or better.<BR><BR><B>Commentary. </B></I>Noyes (2005) incorrectly recorded the earlier provenance as lot 229 from the 1976 ANA Sale. Both coins have a small reverse rim bruise, but the 1976 ANA coin has the rim bruise over the right side of M.<BR><BR><B>Provenance. </B></I><I>H. Routz; Andrew Muller; Ronald Cooper; Del Bland; Myles Z. Gerson; Bertram Cohen;</B></I> <I>Tom Morley (Superior, 5/1992), lot 195, $3,520; Chris Victor-McCawley (List #39); Dr. Wallace Lee (5/2003), lot 374, $8,050.</B></I><BR><BR><B>Personality. Tom Morley</B></I> was born in Tawas City, Michigan, on March 9, 1936, and died in Florida on May 16, 2000. Morley was the author of <I>1794 Large Cents Graded and Updated</B></I> in 1979. He cataloged the Nofal-Kling large cents in 1976 and the EAC Sale in 1979. He gained instant notoriety for purchasing several important 1794 cents in the Garrett sale, and leaving them in the back of a New York City taxicab. Fortunately for him and for numismatics, the cents were returned none the worse for wear.<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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