1795 1C S-77, Plain Edge, BN (Regular Strike)
Series: Liberty Cap Cents 1793-1796
PCGS AU55+BN
PCGS AU55+BN
PCGS AU55BN
- PCGS #:
- 35726
- Designer:
- Attributed to Robert Scot
- Edge:
- Plain
- Diameter:
- 28.00 millimeters
- Weight:
- 10.89 grams
- Mintage:
- N/A
- Mint:
- Philadelphia
- Metal:
- Copper
- Auction Record:
- $22,325 • AU55+BN • 02-01-2016 • Goldberg Auctioneers
Die Varieties
- 1795 1C S-76b, Plain Edge, BN
- 1795 1C S-76b, RB
- 1795 1C S-77, Plain Edge, BN
- 1795 1C S-78, Plain Edge, BN
- 1795 1C S-78, RB
- 1795 1C NC-2, BN
- 1795 1C NC-3, BN
Condition Census What Is This?
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#1 PCGS AU55+BN
Peter Mougey; William H. Woodin. As "Uncirculated with slight Proof surface." "The Peter Mougey Collection," Thomas L. Elder, September 1, 1910, Lot 19; Dr. George P. French. As "an even olive Proof." B. Max Mehl 1929 Fixed Price List, Lot 91; Henry A. Sternberg; T. James Clarke, 1944; B. Max Mehl; Lotus Sullivan; French's, April 26, 1947, Lor 375; R.E. "Ted" Naftzger, Jr., February 23, 1992; Eric Streiner; Dennis Mendelson, October 1992; "The Thomas D. Reynolds Collection," Goldberg Auctioneers, February 1, 2016, Lot 57 - $22,325. S-77. |
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#1 PCGS AU55+BN
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#3 PCGS AU55BN
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#3 PCGS AU55BN
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#5 PCGS AU53BN
“The Thomas P. Warfield Collection,” Associated Coin Auction, October 1955, Lot 197 – $33; Willard C. Blaisdell; Gordon J. Wrubel; Bowers and Ruddy, marketed in Rare Coin Review #25, Spring 1976; unknown intermediaries; Heritage Auctions, June 1989, Lot 1686 – $3,080; Anthony Terranova; Stack’s, 1991 Fixed Price List, Lot 12; Stack’s, January 1993, Lot 1109 – $3,300; Anthony Terranova, Thomas D. Reynolds, and Chris Victor-McCawley. “The Walter J. Husak Collection,” Heritage Auctions, February 15, 2008, Lot 2080 – $13,800; Heritage Auctions, January 10, 2014, Lot 2525 – $11,162.50. S-77. |
1795 Liberty Cap Cent, Sheldon-77
The obverse die from Sheldon-76a (Lettered Edge, BN #35720) and Sheldon-76b (Plain Edge, BN #35723) was retained for Sheldon-77 (BN #35726). However, the earlier "high ONE CENT" reverse was replaced with a new "Style of 1796" reverse. On this die, the lower wreath consists of five leaf triplets on the left and four on the right. Key diagnostic features include a low and slightly tilted "C" in CENT, the "ER" in AMERICA nearly touching the wreath, narrow denticles, and die chips near the ribbon knot and fraction bar.
The Mint struck far more Plain Edge 1795 Liberty Cap Cents than those with Lettered Edges, however, the majority were not actually struck in 1795, but instead in the first few months of 1796. The PCGS Population Report shows a ratio of 6:1 in favor of the Plain Edge type. However, it appears of that the Sheldon-77 is the scarcest of the three collectible Plain Edge varieties, with no examples known in Mint State. The finest known is a PCGS AU55+ example traced to the famous collection of Peter Mougey, T. James Clark, and more recently, coin dealer- collector Thomas D. Reynolds.
Although the Mint produced far more Plain Edge 1795 Liberty Cap Cents than Lettered Edge examples, most were actually struck during the first few months of 1796. The PCGS Population Report reflects a 6:1 ratio favoring Plain Edges, yet Sheldon 77 remains the scarcest of the three collectible Plain Edge varieties, with no Mint State specimens known. The finest known piece — graded PCGS AU55+ — boasts a pedigree tracing back to the notable collections of Peter Mougey, T. James Clark, and dealer-collector Thomas D. Reynolds.
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