1794 1C Head of 1793, BN MS (PCGS# 1362)

The Walter J. Husak Collection

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    2021
  • Grade:
    AU50
  • Price:
    $34,500.00
Lot Description
1794 1C Head of ’93. AU50 PCGS. S-19b, B-3b, R.4. Bland VF25; tied for CC-8. Noyes VF25; tied for CC-9. Photo #20159. Our EAC Grade VF25. Equivalents. Maris 2 (Double Chin); Frossard 2.1; Doughty 19; Hays 2; McGirk 8-B; Ross 2-A; Chapman 2; EAC 3b; Encyclopedia 1653; PCGS #1362. Variety. Head of '93; the chin is doubled. Dentils, stems, and ribbons are unusually long. The obverse appears on S-18a, S-18b, S-19a, and S-19b. The reverse appears on S-19a, S-19b, S-20, S-21, and NC-7. Lettered Edge, leaf points up. Surfaces. The sharpness is quite a bit finer, but the obverse has slight porosity and both sides have minor rim bruises. It has probably also been lightly cleaned, although the light tan color is delightful. Del Bland has deducted 10 points from the sharpness grade, while Bill Noyes made a larger 20-point deduction, each arriving at the same net grade. The upper right obverse and lower right reverse are weakly defined, with many of the surface marks in those areas remaining from the original planchet before the coin was struck. Die State I. The obverse die bulge remains from S-18 and now appears to extend slightly into the Liberty cap. Appearances. The obverse and reverse are illustrated in Noyes (2006). Census. Three similar-quality XF40 coins are tied for finest known, including the ANS specimen. Those coins are followed by nearly a dozen pieces that fall in the Very Fine range. In Penny Whimsy, Sheldon called this variety a great numismatic prize in fine condition. Commentary. Copper for the 1794 cents arrived from several different sources. The most important supplier was Taylor and Bailey of London. That firm sent three deliveries of sheet copper totaling about 17 tons, arriving in November and December 1793, and later in June 1794. All other sources, combined, provided about seven tons. The Taylor and Bailey sheet copper was intended to be standardized at the thickness of a blank planchet, eliminating the need for rolling to the proper thickness. The pur
View the Original Auction