1794 1C S-38 Head of 1794, BN (Regular Strike)

Series: Liberty Cap Cents 1793-1796

PCGS MS63BN

PCGS MS63BN

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PCGS XF40BN

PCGS XF40BN

PCGS #:
35579
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
Die Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS63BN PCGS grade

Discovered in England - Lester Merkin - C. Douglas Smith, sold privately in 1965 - Alfred Bonard - French's, sold privately in 5/1967 - R.E. “Ted” Naftzger, Jr. Collection, sold privately in 2/1992 - Eric Streiner - R.E. “Ted” Naftzger, Jr. Collection, sold privately in 2001 - Walter J. Husak Collection - Heritage 2/2008:2040, $57,500 - Chris Victor-McCawley Fixed Price List #82 (Spring 2008), offered as PCGS MS63BN for $75,000, sold privately on 3/17/2008 - Daniel W. Holmes, Jr. Collection - Goldbergs 9/2009:60, $86,250

#1 MS63BN PCGS grade

Discovered in England - Lester Merkin - C. Douglas Smith, sold privately in 1965 - Alfred Bonard - French's, sold privately in 5/1967 - R.E. “Ted” Naftzger, Jr. Collection, sold privately in 2/1992 - Eric Streiner - R.E. “Ted” Naftzger, Jr. Collection, sold privately in 2001 - Walter J. Husak Collection - Heritage 2/2008:2040, $57,500 - Chris Victor-McCawley Fixed Price List #82 (Spring 2008), offered as PCGS MS63BN for $75,000, sold privately on 3/17/2008 - Daniel W. Holmes, Jr. Collection - Goldbergs 9/2009:60, $86,250

Ron Guth:

Sheldon 38 is one of the 1794 "Head of 1794" varieties. It is currently considered to be Rarity 5 (between 45 and 60 known). The obverse is known as the "Marred Field" because of raised die chips that appear in the lower left field on the obverse (this same die was used on several other Large Cent varieties).

High grade examples are very rare. The best example is a PCGS MS63BN -- the only Mint State example believed to exist of this varoety. The next best example is at least ten points lower. No Red-Brown or Red examples are known, and their existence is highly doubtful. However, since the best S-38 was discovered in England many years ago, hope springs eternal.

Regency XIX Preview | Legend Rare Coin Auctions | December 15, 2016

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