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1794 1C Head of '94. MS64 Brown PCGS. S-59,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:13,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1794 1C Head of '94. MS64 Brown PCGS. S-59,
<B>1794 1C Head of '94. MS64 Brown PCGS. S-59, B-57, R.3.</B></I> <B>Bland MS60; CC-3. Noyes MS60; CC-3. Photo #22842. Our EAC Grade MS60.<BR><BR>Equivalents. </B></I>Maris 11 (Many Haired); Frossard 7.1; Doughty 31; Hays 15; McGirk 6-B; Ross 10-I; Chapman 40; EAC 49; <I>Encyclopedia </B></I>1668; PCGS #901374.<BR><B><BR>Variety. </B></I>Date is widely spaced, hair is thick and luxuriant. Left ribbon bow is recut. The obverse appears on S-58 and S-59. The reverse appears on S-59. Lettered Edge, leaf points up.<BR><B><BR>Surfaces. </B></I>An impressive, sharply detailed piece with glossy and lustrous medium brown surfaces, splashes of maroon on the reverse, and hints of original faded mint red color on both sides. There are a few tiny planchet defects on each side, and a minuscule corrosion spot on the neck.<BR><B><BR>Die State I. </B></I>An early die state. The obverse has light clash marks around the devices, while the reverse is perfect. Several die states are known, primarily centered around a crack that develops near the lower reverse border, eventually progressing to a full rim break that entirely obliterates the denominator in the fraction.<BR><B><BR>Appearances. </B></I>The obverse and reverse are illustrated in <I>Early American Cents</B></I>, <I>Penny Whimsy</B></I>, and in Noyes (2006).<BR><B><BR>Census. </B></I>While the two finest known examples are both Gems from the St. Oswald Collection, this piece ranks third finest and has the most impressive provenance of any S-59.<BR><B><BR>Commentary. </B></I>Sheldon suggested that all examples of this variety were coined on thick planchets, implying a higher weight. Breen weighed five different examples in the ANS, ranging from 191 grains to 214 grains, and an average of 206 grains compared to the standard of 208 grains.<BR><B><BR>Provenance. </B></I><I>George Seavey; W.H. Strobridge (1873); Lorin Parmelee (New York Coin & Stamp Co., 6/1890), lot 685, $19; J.F. Anger; Col. James Ellsworth (3/1923); Wayte Raymond; Charles E. Clapp, Sr. (12/1924); George H. Clapp; ANS; Dr. William H. Sheldon (1964); Dorothy Paschal (1968); R.E. Naftzger, Jr. (New Netherlands, 11/1973), lot 380, $4,800; John W. Adams (Bowers and Ruddy, 1982 FPL), lot 55, $8,500.</B></I><BR><B><BR>Personality. Col. James W. Ellsworth</B></I> (1849-1925) operated coal mines and other interests. He was a collector of art, antiquities, and coins, with his numismatic interests taking place circa 1900. He formed an extensive cabinet that was eventually dispersed privately. Since no catalog of his collection was ever published, he is not widely known today. Ellsworth sold his large cents to Charles Clapp and the balance of his collection to Wayte Raymond and John Work Garrett. Ellsworth is a distant descendant of third Supreme Court Justice Oliver Ellsworth, and also a distant cousin, several times removed, of this cataloger's wife. In the current numismatic scene, Col. Steven Ellsworth is also a descendant of the same Ellsworth family.<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)