| Survival Estimate | |
|---|---|
| All Grades | 5 |
| 60 or Better | |
| 65 or Better | |
| Numismatic Rarity | |
|---|---|
| All Grades | R-9.7 |
| 60 or Better | R-10.1 |
| 65 or Better | R-10.1 |
| Relative Rarity By Type All Specs in this Type | |
|---|---|
| All Grades | 1 / 11 |
| 60 or Better | 1 / 11 |
| 65 or Better | 1 / 11 |
| Relative Rarity By Series All Specs in this Series | |
|---|---|
| All Grades | 1 / 12 |
| 60 or Better | 1 / 12 |
| 65 or Better | 1 / 12 |
|
#1 PCGS VF30
"The Harold P. Newlin Collection," John W. Haseltine, April 1883, Lot 286; "The Dr. Edward Maris Collection," Harlan P. Smith, Lot 271; Waldo C. Newcomer; B. Max Mehl; James G. Macallister, 1935; Henry C. Hines; Lillian Scheer (Hines' housekeeper), 1948; Homer K. Downing; New Netherlands Coin Co., August 1952, Lot 1713; Dr. William H. Sheldon, April 19, 1972; R.E. "Ted" Naftzger, Jr., February 23, 1992; Eric Streiner; Jay Parrino, August 17, 1995; Anthony Terranova. As PCGS VF30 #04143042. "The ESM Collection," Stack's Bowers, August 11, 2020, Lot 1017 - $408,000; Mike Chipman; "The High Desert Collection" (PCGS Set Registry). |
#2 PCGS F12
Anthony Terranova, discovered June 1974; Joseph H. Rose; Harmer Rooke Numismatics, September 1976, Lot 311; William R.T. Smith; Bowers and Merena, Rare Coin Review #32, 1979; William R.T. Smith, February 8, 1980; "The Dan Holmes Collection, Part I," Goldberg Auctioneers, September 2009, Lot 129. This example was discovered in June 1974, amongst a lot of coins purchased byHarmer Rooke Numismatics; |
#3 PCGS FR02
"The Clayton L. Wallace Collection," Stack's, December 1963, Lot 458 - $87.50; "The Bradbury K. Thurlow Collection," Mayflower Coin Auctions, December 1967, Lot 126 - $425; R.E. "Ted" Naftzger, Jr., July 1971; Denis W. Loring, May 1974; Dr. Robert J. Shalowitz; John W. Adams; Kagin's January 1975, Lot 477 - $3,200; John W. Adams; "The Robinson S. Brown, Jr. Collection," Superior Galleries, September 1986, Lot 106 - $2,640; "The Robinson S. Brown, Jr. Collection," Superior, January 1996, Lot 113 -$5,280. As PCGS FR02 #16215470. "The Dan Holmes Collection," Goldberg Coins, September 2009, Lot 130; "The Adam Mervis Large Cent Collection," Heritage Auctions, January 10, 2014, Lot 2529 - $52.875. This example first surfaced in the early 1960s. |
While collected alongside regular issues, the Jefferson Head Cents (Plain Edge #1386; Lettered Edge #1389) were struck outside the United States Mint as part of a private effort to demonstrate that an independent contractor could strike copper coinage cheaper than the government.
Research by Walter Breen and other scholars traced their origin to John Harper, a Philadelphia saw-maker and machinist. Harper’s shop, located at North 6th and Cherry Streets — believed to be the site where the first 1792 Half Dismes (#11020) were struck — was just a block away from the newly built federal Mint on 7th Street. On January 23, 1795, Harper visited the Mint to suggest technical improvements to their coining machinery, but his ideas were shrugged off.
Determined to prove the efficacy of his methods, Harper built a coin press, cutting machine, and dies at his own expense. Ten months later, on November 4, 1795, he reached out to newly appointed Mint Director Elias Boudinot with a formal proposal to take over copper coin production, writing:
"I propose to engage with you… To receive sheet copper of the right size and coin the same into cents complete for circulation at the rate of eighty dollars per ton and to return the same in Cents and shruf deducting twenty-five pounds in each ton for waste. I will also forge and harden all the dies, beds, and punches for the same."
Harper intended to mimic the design of the official 1795 Liberty Cap Cents, but his skill was as a machinist, not a die-cutter. His attempts at replicating the artwork, while admirable, fell noticeably off the mark. The differences did not escape the notice of later collectors, who dubbed the coins "Jefferson Heads" because the crude profile bore a vague resemblance to Thomas Jefferson.
On February 3, 1796, Director Boudinot filed a report to the House of Representatives detailing Harper’s private cent coinage. A Congressional committee subsequently visited Harper’s shop to inspect his press, and some members of the delegation may have taken sample cents as souvenirs. Boudinot took Harper’s dies back to the Mint and offered him a job as assistant coiner, which Harper declined.
Though struck outside official channels, collectors prize the Jefferson Heads and traditionally include them among regular-issue cents. Three die combinations are recognized: Sheldon NC-1 (#35744), Sheldon NC-4 (#35747), and Sheldon-80 (#35741). All three share the exact same obverse die. Sheldon NC-1 features a distinct reverse and is known with two different edge devices, while NC-4 and Sheldon-80 share a second reverse die.
Of these, only Sheldon-80 is plentiful enough to be considered collectible. Because Harper used cast planchets that were often poorly annealed, surviving examples are almost always worn and frequently plagued by corrosion, planchet voids, or stress cracks. The finest overall example is an estimated VF35 in the permanent collection of the American Numismatic Society, while the finest collectible specimen in private hands is a single PCGS VF30.
The Jefferson Head was already recognized as an unusual scarcity by the 1860s. In June 1864, Edward Cogan offered an example in a catalog section titled "Fabrications," calling it a "1795 Cent, Jefferson Head" and selling it for 25 cents. That October, W. Elliot Woodward cataloged another specimen as Lot 617, describing it as a "1795 Sometimes called the Jefferson Head, in rather poor condition but an extremely rare type." New York coin dealer William Strobridge purchased it for $1.00.
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