Large Cents 1794 S-50 R5 AU Detail, Planchet Flaw, PCGS.

Large Cents
1794 S-50 R5 AU Detail, Planchet Flaw, PCGS. Attractive glossy chocolate and steel brown. The planchet is smooth and hard, virtually free of contact marks. However, there is an obvious struck-through bar in the field close over the pole and a large low spot that obliterates UNI in UNITED, both pre-striking planchet defects. Otherwise this cent is sharply struck and beautiful. LDS, Heck die state 2, Breen state III, with an arcing die crack through the tip of the bust, a die state Breen calls Extremely Rare. The obverse is plated in Dr. Sheldon's Early American Cents and Penny Whimsy. Called EF45 and second finest in the Noyes census, his photo #21270. Bland says EF45 as well but CC#3 behind a pair of very slightly finer examples. This cataloger's EAC grade is EF45. Comes with a very nice provenance. The attribution is noted on the PCGS Gold Shield label. Three highest graded at PCGS: 1 in 20, 1 in 40, 1 in 55. 35612.93/40347217.
Ex Henry C. Miller, Thomas L. Elder 4/13/1917:709-Wayte Raymond (The United States Coin Co.)-Howard R. Newcomb, J. C. Morgenthau & Co. #458, 2/7/1945:72-Dr. William H. Sheldon 4/19/1972-R. E. Naftzger, Jr., 2/23/1992-Eric Streiner-Tom Morley, Superior 1/31/94:783-Anthony J. Terranova 2/1/1994-Daniel W. Holmes, Jr., McCawley & Grellman Auctions/Goldbergs 9/6/2009:82-Walter J. Husak Collection.

New York coin dealer Anthony J. "Tony" Terranova has been active in the numismatic scene since the 1970s, specializing in colonial coins and historical medals. After working for a mutual fund in the late 1960s and while working for a commodities exchange in the early 1970s, Tony began dealing in coins part-time in 1972 and made it his full-time career, starting with Neil Berman in 1975. Tony has operated his own rare coin business since 1978. He is known for his superb quality inventory and personal collections.
From The Collections of Walter J. Husak and The Liberty Cap Foundation.

https://coins.ha.com/itm/large-cents/1794-s-50-r5-au-detail-planchet-flaw-pcgs/a/1370-2044.s?type=DA-DMC-CoinArchives-USCoins-1370-01042024

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