1794 1/2C C-2b Lg Edge Letters, BN MS (PCGS#35027)
March 2021 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 4005
- 等级
- XF45BN
- 价格
- 118,296
- 详细说明
- Newly Discovered 1794 Cohen-2b Rarity
The Second Finest Known
1794 Liberty Cap Half Cent. C-2b. Rarity-5+. Normal Head. Large Edge Letters. EF-45 (PCGS). CAC.
An exciting offering of a remarkably choice, newly discovered example of the challenging 1794 C-2b. With ideal light brown surfaces, bold detail, and excellent overall eye appeal, this would be a noteworthy 1794 half cent even if it were a common variety. But as a Large Edge Letters version of the Cohen-2 die marriage, it stands as one of the very finest extant. The pleasant surfaces show a few minor marks and flaws -- a light pin scratch at the liberty cap and a few more within the reverse wreath, a small lamination under the date, and a weak final S in STATES which is seen on many other 1794 C-2 half cents and probably caused by a grease-filled die. All of these are minor defects and easily to forgive in light of the superior overall quality and appearance.
As a previously unknown example, this coin is not recorded in any of the half cent condition census lists. It should sit comfortably as the new second finest known, trailing only the Missouri Cabinet specimen (Goldberg's, January 2014, lot 11), a PCGS AU-55+ that realized $57,500 and resides in an elite PCGS Registry Set of half cent varieties. That coin is sharper, though without the choice light brown color of the present specimen. Following the Missouri Cabinet coin, the census lists show a few coins in the VF grade range (per EAC grading standards), best among them seemingly the Cohen collection specimen (Superior, February 1992, lot 13). That coin has similarly good color and sharpness, but also some patches of red corrosion. The vast majority of the few dozen examples extant are in VG or lower grade, many with significant surface impairments.
This variety's first appearance was in S.H. Chapman's June 1924 sale of the F.R. Alvord Collection, lot 25, which was described as "V. g., eroded surface." In the near century since, only three dozen or so have come to light, far too few to satisfy demand for this avidly collected series. Precious few of those offer the satisfying appearance and high quality that an increasing amount of today's specialists desire. Here is a coin that checks all the boxes and is sure to turn heads at its first whist match or Half Cent Happening.
PCGS# 35027. NGC ID: 2223.
Click herefor certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.
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