1794 Liberty Cap Cent. S-49. Rarity-2. Head of 1794. AU-50 (PCGS). A hard, satiny example bathed in warm medium brown patina. The strike is well centered and otherwise sharp, mentionable softness confined to the upper obverse border, which is devoid of denticulation. The reverse is exceptionally smooth and well preserved, while for the obverse we note only a noncontiguous mark on Libertys cheek and neck, as well as a light arcing scratch in the lower left field. As the rarity rating assigned by Noyes make clear, Sheldon-49 is a readily obtainable die marriage of the 1794 Liberty Cap cent issue in an absolute sense. This variety is conditionally challenging, however, and our finest offerings in recent years have only been for coins certified in one of the four VF grades by PCGS or NGC. With the finest examples listed in the 2006 Noyes census grading EAC EF40 to MS60, this overall sharp, predominantly smooth and visually appealing PCGS AU-50 has much to recommend it to the advanced large cent variety collector. Breen Die State I. From the William L. Buxton Collection. Earlier ex Trollan Collection.
