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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 5526

Starting price: 1 USD
Price realized: 70 000 USD
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Large Cents
1794 1C Head of 1793, S-18b, B-2b, R.4, MS61 Brown NGC. Breen Die State III. This intermediate die state has a tiny die crack emerging between two dentils on the obverse border at 7:30. Clash marks are visible in the left branch of the wreath, and the right ribbon is fragmented, but there is no evidence of obverse or reverse bulges that appear in later die states.
The Head of 1793 cents were struck early in the year from obverse dies that used the same device punch that Joseph Wright employed for the 1793 Liberty Cap cents. A new edge die was used for the "b" subvarieties and is known as the Edge of 1794. The letters are large and closely spaced with a single leaf following DOLLAR turned upward.
The exceptional quality of this cent and other examples of the variety are attributed to well-made planchets produced by Taylor & Bailey, a London firm that provided copper plate to the Philadelphia Mint. Shipments arrived in November and December 1793, too late for the 1793 Liberty Cap cents, and apparently not cut into planchets when the earliest 1794 cents were coined.
The obverse of this nicely centered cent displays lovely chestnut-brown color with dappled steel toning, and the reverse is rich walnut-brown with small splashes of reddish-tan. Most of the trivial marks are likely remnants of the planchet before striking. This is a highly attractive Head of 1793 cents. Our EAC grade AU50.
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