PCGS grade. Ex M. P. Lyons-S. H. & H. Chapman 4/1903:1236-George H. Earle, Jr.-Henry Chapman 6/1912:3370-S. H. Chapman-J. P. Hale Jenkins-Henry Chapman 7/1922:1474-Henry C. Hines-Carl Wurtzbach-Charles Wheeler-1976 ANA Sale, Stack's 8/24/76:347-Dr. Edward R. Bush 9/79-R. E. Naftzger, Jr.-1990 EAC Sale, lot 20.
Denis Loring: The Heads of '93 are considered the aristocrats of the many 1794 varieties. There are four Heads of '93: S-17, 18, 19 and 20. All are scarce, and only S-18b is known in high grade.
In the Masters sale by RARCOA in 1971, a choice "S-18b" was offered. All of the well-known 1794 collectors, including John Adams, Del Bland, and Denis Loring, were outbid by an unknown named Bob Schuman. Shortly after the sale, Bob displayed his prize: the finest known S-19b. All the "pros" had missed it!
Dr. George P. French - B. Max Mehl, 1929 FPL:21, $200 - T. James Clarke 10/1954 - R.E. Naftzger, Jr. - Early American Coppers 4/1989:20, $36,000 - Dr. Allen Bennett - Walt Husak Collection - Heritage 2/2008:2019, $253,000