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首席收藏网 > 数据中心 > Stack's Bowers and Ponterio > SBP2019年5月巴尔地摩#2-白金之夜

Lot:1001 1794 Liberty Cap Half Cent. C-1a. Rarity-3. Normal Head. Large Edge Letters. AU-55 (PCGS).

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世界钱币

USD 11500

SBP2019年5月巴尔地摩#2-白金之夜

2019-05-24 06:00:00

2019-05-24 07:00:00

USD 10200

SBP

成交

1794 Liberty Cap Half Cent. C-1a. Rarity-3. Normal Head. Large Edge Letters. AU-55 (PCGS).This is a lovely example of both the type and variety that will appeal to discerning collectors. Handsome autumn-brown surfaces also reveal blushes of crimson-copper that are most prevalent in the date area on the obverse and along the lower reverse border. The strike is nicely centered on the planchet and has imparted bold to sharp definition to virtually all design elements. Light surface scale in the date area, at the upper left obverse border and around the denomination 1/200 is noted, as are minor reverse flan flaws along the left border and at the letters HA and CE in HALF CENT. Overall smooth in hand with superior eye appeal in a lightly circulated early date half cent.The 1794 is properly considered a distinct type within the half cent series, as even a casual comparison with the Small Head style of 1795 to 1797 will reveal a dramatic difference. It has been our experience that of all the half cent types, the 1794 is far and away the most difficult to obtain in high grades, handily eclipsing the even more famous 1793 Head Left, and by a large factor. Indeed, although the 1794 is not rare as a date in comparison to the famous 1793, all bets are off when it comes to pieces such as this, offering a combination of high grade, nicely preserved surfaces, and excellent eye appeal. Using these criteria, the 1794 Large Head type is the most difficult to obtain in the entire series. Only a few varieties of 1794 half cents are known in high grades, with this Cohen number notably scarcer than the C-9 in grades exceeding EF. A type collector would be hard pressed to find a nicer example in a Choice AU holder.Copper supplies for the early Philadelphia Mint were from many different sources and the quality and purity of the metal varied. For 1794 the metal, after refining at the Mint, remained generally unsatisfactory, probably due to impurities and other unwanted elements, although we are not aware of any analysis that has ever been done. Not generally known is the fact that copper half cents and cents were usually profitable for the Mint to produce, as after the early years the amount of copper needed to make these coins was less than face value. This in contrast to the full or nearly full weight of metal required for silver and gold coins. Accordingly, the more copper coins that could be made, the greater the profits would be. On the other hand, profits from gold and silver coinage were negligible.

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