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2059

1794 1C Head of '94. MS65 Red and Brown PCGS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:32,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1794 1C Head of '94. MS65 Red and Brown PCGS.
<B>1794 1C Head of '94. MS65 Red and Brown PCGS. S-57, B-55, R.1.</B></I> <B>Bland MS64; CC-1. Noyes MS65; tied for CC-1. Photo #21180. Our EAC Grade MS64.</B></I><BR><BR><B>Equivalents. </B></I>Maris 10 (Pyramidal Head); Frossard 6; Doughty 30; Hays 14; McGirk 6-A; Ross 9-H; Chapman 46; EAC 47; <I>Encyclopedia </B></I>1668; PCGS #901375.<BR><BR><B>Variety. </B></I>Liberty cap has a button at the lower left corner. Lowest berries joined to left ribbon bow. The obverse appears on S-57. The reverse appears on S-57. Lettered Edge, leaf points up.<BR><BR><B>Surfaces. </B></I>Fully lustrous with frosty surfaces, this piece retains considerable original mint color on both sides. The impression is nicely centered with full obverse and reverse borders. A thin planchet defect on top of the head will identify this piece to future researchers. The edge is lettered ONE HUNDREDOR A DOLLAR with the final D and the F overlapping.<BR><BR><B>Die State VI.</B></I> A faint die crack can be seen from the upper lip through the cheek to the temple on this late die state piece.<BR><BR><B>Appearances. </B></I>The obverse and reverse are illustrated in Noyes (1991 and 2006).<BR><BR><B>Census. </B></I>The St. Oswald collection included two examples of this variety, both of similar quality. Del Bland places this coin slightly ahead of the other specimen, while Bill Noyes considers both to be equal and tied for finest known. Two or three others are known that grade MS60.<BR><BR><B>Commentary. </B></I>This example is another impressive Gem cent from the St. Oswald collection. Although a few of the St. Oswald coins represent rare varieties, such as the S-45 described above, most of these cents provide date and type collectors with the opportunity to acquire a high quality coin without a substantial variety premium.<BR><BR>Dr. Maris called this variety the Pyramidal Head for the distinct shape of Liberty's bust and hair. Dr. Sheldon further commented that the hair treatment on the obverse is "in even flatter relief than obverse 26 [S-54, 55, 56], and presenting the same straight sweep down the hair at the left which suggests the outline of a pyramid." Sheldon continued: "The Pyramidal Head with its flat relief and its button on the cap is an old and everyday friend among cent people. Common in all grades of condition except near Mint State."<BR><BR><B>Provenance. </B></I><I>St. Oswald Collection (Christie, Manson, & Woods, Ltd., 10/1964), lot 150, $2,100; Stack's; Dorothy Paschal; Dr. William H. Sheldon (4/1972); R.E. Naftzger, Jr. (2/1992); Eric Streiner; Jay Parrino; Superior (9/1997), lot 38, $44,000; Dr. Allen Bennett (1/1998).</B></I><BR><BR><B>Personality. </B></I>A coin dealer in Kansas City, <B>Jay Parrino</B></I> operates The Mint, L.L.C., specializing in the highest quality material. He purchased many of the Naftzger large cents from Eric Streiner in 1992.<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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