1794 1C No Fraction Bar, RB (Regular Strike)

Series: Liberty Cap Cents 1793-1796

PCGS MS64RB

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PCGS #:: 911375

Designer:: Attributed to Robert Scot

Edge:: Lettered: ONE HUNDRED FOR A DOLLAR

Diameter:: 28.00 millimeters

Weight:: 13.48 grams

Mintage:: 918,521

Mint:: Philadelphia

Metal:: Copper

Auction Record:: $172,500 • MS64 • 09-06-2009 • Goldberg Auctioneers

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Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity By Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity By Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
All Grades	2	R-9.9	1 / 5 TIE	1 / 6 TIE
60 or Better	2	R-9.9	1 / 5 TIE	1 / 6 TIE
65 or Better	1	R-10.0	1 / 5 TIE	1 / 6 TIE

Survival Estimate
All Grades	2
60 or Better	2
65 or Better	1

Numismatic Rarity
All Grades	R-9.9
60 or Better	R-9.9
65 or Better	R-10.0

Relative Rarity By Type All Specs in this Type
All Grades	1 / 5 TIE
60 or Better	1 / 5 TIE
65 or Better	1 / 5 TIE

Relative Rarity By Series All Specs in this Series
All Grades	1 / 6 TIE
60 or Better	1 / 6 TIE
65 or Better	1 / 6 TIE

Condition Census What Is This?

Pos	Grade	Image	Pedigree and History
1	PCGS MS64RD		As "Fine to Very Fine, a light brown" Thomas Elder, October 13, 1910, Lot 46 - $20.50; As "Uncirculated, Bright." "The Henry C. Miller Collection," Thomas L. Elder, April 1917, Lot 696 - $115; "The Dr. George P. French Collection," B. Max Mehl, 1929 Fixed Price List, Lot 73; T. James Clarke, May 1955; "The R.E. "Ted" Naftzger, Jr. Collection," Goldberg Auctioneers, September 2008, Lot 169. As PCGS MS64RD #11483668. "The Dan Holmes Collection," Goldberg Auctioneers, September 2009, Lot 101 - $172,500; "The Adam Mervis Large Cent Collection," Heritage Auctions, January 10, 2014, Lot 2503 - $381.875; Mike Chipman. S-64. Die State III. 25-30% of the original mint red remains. Gem quality with diagonal planchet voids in the lower left obverse field (as struck). Amazingly, this Thomas Elder made no mention of the missing fraction bar when he listed the coin as "uncirculated, bright" in the Henry C. Miller sale catalog.

#1 PCGS MS64RD

As "Fine to Very Fine, a light brown" Thomas Elder, October 13, 1910, Lot 46 - $20.50; As "Uncirculated, Bright." "The Henry C. Miller Collection," Thomas L. Elder, April 1917, Lot 696 - $115; "The Dr. George P. French Collection," B. Max Mehl, 1929 Fixed Price List, Lot 73; T. James Clarke, May 1955; "The R.E. "Ted" Naftzger, Jr. Collection," Goldberg Auctioneers, September 2008, Lot 169. As PCGS MS64RD #11483668. "The Dan Holmes Collection," Goldberg Auctioneers, September 2009, Lot 101 - $172,500; "The Adam Mervis Large Cent Collection," Heritage Auctions, January 10, 2014, Lot 2503 - $381.875; Mike Chipman. S-64. Die State III. 25-30% of the original mint red remains. Gem quality with diagonal planchet voids in the lower left obverse field (as struck). Amazingly, this Thomas Elder made no mention of the missing fraction bar when he listed the coin as "uncirculated, bright" in the Henry C. Miller sale catalog.

Charles Morgan:

The 1794 Liberty Cap Cent, Sheldon 64, No Fraction Bar

This scarce Rarity-5 variety features Obverse 32—also utilized on S-65 (#35654) and the elusive NC-6 (#35669)—paired with a reverse die unique to this marriage. The reverse is instantly identifiable by the complete absence of a fraction bar, a striking and famous diagnostic. The wreath displays a symmetrical arrangement of seven berries on each side. A heavy die crack at "D" in UNITED eventually compromised the die, leading to a relatively short production life. The obverse is characterized by deep border dentils along the left side, which served to protect the high-relief elements of the hair and liberty cap. Aesthetically, this is a visually commanding variety; the hair details are sharply cut and follow a nearly vertical alignment. The date is compact, with the top tip of the "1" just touching the bottom hair lock.

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