PCGS grade. Ex. Alvord; Chapman (1924); Clapp to LE (1942). Sold by Bowers & Merena May '96 price realized $15,400. Lot #400. Image courtesy of the ESM Collection.
1794 Cohen 9 is one of three die varieties with unusually heavy hair on the obverse. The relief of the hair is medallic and three-dimensional in appearance and is known, simply, as the High Relief Hair subtype. Of the three die varieties, Cohen 9 is the least rare, thus collectors often choose this one for their type sets.
As with most early Half Cents, high-grade Cohen 9's are quite difficult to locate. The finest grade on a 1794 Cohen 9 is MS66BN and the highest (and only) Red-Brown example is the PCGS MS65RB coin from the Missouri Cabinet. That particular coin sold for $402,500 in 2014, so one can only guess what the MS66BN might bring (which is more important -- color or technical grade)?
No full Red examples of this variety are known.
John Freet - John Foreman, sold privately in 1/1982 - Jim McGuigan Collection
Madison Collection - Heritage 1/2008:2655, $103,500 - Joseph C. Thomas Collection - Heritage 4/2009:2018, $103,500 - Bowers & Merena 8/2010:1001, $103,500
F. R. Alvord Collection - S. H. Chapman 6/1924:13 - S. H. Chapman - John H. Clapp Collection, sold intact in 1942 - Louis E. Eliasberg, Sr. Collection - Bowers & Merena 5/1996:400, $15,400 - Dr. Hesselgesser Collection - Goldbergs 2/2007:141, $60,375
Jim McGuigan, 1986 Milwaukee ANA Convention - Roger S. Cohen, Jr. Collection - Superior 2/1992:38 - Stack’s/Bowers 8/2013:4015, $11,162