1794 1C Head of 1794 S-26 Severed Locks, BN AU55BN 认证号81232288, PCGS号35543
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Ron Guth
Sheldon 26 is one of the more common Large Cent varieties of 1794. It represents the final use of the obverse die after having been paired previously with two others (Sheldon NC-8, then Sheldon 25). In it's earlier appearances, the obverse die developed clashmarks when it came into contact with a reverse die. The clashmarks were effaced by grinding the die before it was put into use for the Sheldon 26 variety, weakening some of the hair strands and portions of the cap. As a result, Sheldon 26 has been referred to as the "Severed Hair" variety; John Kraljevich suggests an additional nickname -- the "Floating Cap" variety.
As common as the Sheldon 26 variety may be, it is difficult to locate an example in high grade. The PCGS CoinFacts Condition Census of the top ten finest examples goes from AU55 to MS66RB. Eliasberg and Pogue both had MS66RB examples in their spectacular collections, and both of those have sold at auction in recent years (2013 and 2017, respectively).
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#1 MS66BN PCGS grade
Sternberg - Naftzger/Noyes Plate |
#2 MS65BN PCGS grade
George W. Merritt Collection - Ed. Frossard 1/1879:98 - George H. Blanchard Collection - W. Elliot Woodward 12/1882:358 - E. F. Kuithan Collection - Ed. Frossard 6/1883:248 - Ed. Frossard 10/1884:868 - T. Harrison Garrett Collection - Robert Garrett Collection - John Work Garrett Collection - Johns Hopkins University Collection, sold privately in 1973 - John W. Adams Collection - Bowers & Ruddy 1982 FPL, lot 19 - Del Bland, sold privately in 11/1984 - Dr. Allen Bennett, sold privately in 4/1992 - Eric Streiner - uperior 10/1992:64 - Tony Terranova - Walter J. Husak Collection - Heritage 2/2008:2028, $97,750 - Paul Gerrie Collection - Goldbergs 2/2013:16, $126,500 - Goldbergs 5/2015:175, not sold |
#4 AU58 PCGS grade
Dr. George P. French Collection - B. Max Mehl 1929 FPL, lot 44 - T. James Clarke Collection, sold privately in 1944 - B. Max Mehl - Dr. William H. Sheldon, sold privately in 1945 - Ernest Henderson, Sheraton Coin Co. - 1947 ANA Sale, Numismatic Gallery, lot 797 - Harold E. Whiteneck (Sheraton Coin Co.) - R.E. "Ted" Naftzger, Jr. - Abe Kosoff 4/1956:17 - Mrs. R. Henry Norweb Collection - Bowers & Merena 11/1988:2703 - Hanks & Associates - Kenneth Alterman - Hanks & Associates - Anthony Terranova & Chris McCawley - McCawley & Grellman Auctions 8/1996:79 - Jack Wadlington (via Bob Grellman & Chris McCawley) 6/2005 - Daniel W. Holmes, Jr. Collection - Goldbergs 9/2009:44, $21,275 |
#4 AU58 PCGS grade
George M. Klein Collection - W. Elliot Woodward 5/1888:2007 - John P. Lyman Collection - S. H. Chapman 11/1913:400 - Henry C. Hines Collection - T. James Clarke, sold privately in 10/1954 - R.E. "Ted" Naftzger, Jr. Collection - New Netherlands 11/14/1973:348 - Pine Tree Auction Co. 2/1975:614 - John W. Adams Collection - Dr. Robert J. Shalowitz - Ed Hipps - Stack's “Auction '90” 8/1990:27 - Stack's 1991 FPL, lot 11 - Thomas D. Reynolds Collection - Goldbergs 1/2016:17, $24,675 - Dan Trollan Collection - Goldbergs 1/2019:116, not sold |
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#4 AU58 estimated grade
F.D. Taylor Collection - Henry Chapman 6/1908:27 - Howard Newcomb Collection, Part I - J.C. Morgenthau 2/1945:38 - L. Ward Hicks Collection - Robert Bender Collection - Heritage 7/1988:47 - Heritage 1/2015:3102, $18,212.50 |