Third Finest Known
1794 1C Head of 1794 VF20 PCGS. S-37, B-24, High R.6. Our EAC Grade is Very Fine 20. The Bland-Boka census at 1794largecents.com records 19 examples of this key 1794 die marriage. Once graded VF30 NGC and Rasmussen pedigree.This coin was purchased out of the Al Boka collection. It will be available for a limited time for sure. Amazing surfaces for this die variety. Medium chocolate amber brown with walnut hues in the protected areas of the coin. I have owned one other Sheldon 37 which is condition census 4th finest, part of the Adam Mervis collection . This one is much better! and I call 5 point better.
Variety Equivalents: Hays 59E, Chapman 16.
Obverse 16: Distant 17. The left obverse border is heavy, the shoulder loop is bold, and the 1 is far from the 7, more than double its own width away. This obverse is found only on S-37.
Reverse M: Single Berry, Leaf to C. Like the previous reverse die of S-34, S-35, and NC-1, and none others in the 1794 series, just one berry is positioned left of the ribbon bow. On this reverse, the lowest leaf on the right is below the right side of the C in AMERICA. This reverse is found on S-36, S-37, and S-38.
Die State I: This early die state S-37 has perfect dies with no evidence of obverse lapping. valued at over $175k
Provenance: Copley Coin Co. (2/1963); C. Douglas Smith (1965); Alfred Bonard; Henry J. Berube (New England Coin Co., 11/16/1965); Philip Van Cleave (3/4/1977); William R.T. Smith (4/4/1977); R.E. Naftzger, Jr. (2/23/1992); Eric Streiner (7/8/1992); Dr. Allen Bennett (7/7/1995); Paul Langseth (7/1996); Wes A. Rasmussen (Heritage Auctions, 1/2005), lot 3044; Jon Alan Boka.