Sheldon-18b die variety, considered to be Rarity-4.
To quote eminent large cent researcher Denis Loring: “The Heads of ’93 are considered the aristocrats of the many 1794 varieties."
And this is a condition census example of this distinctive type.
All original, with pretty golden brown color and some areas of darker toning, mostly on the reverse.
There are a few ticks and minor marks here and there, but none are especially distracting and, on balance, this is a lovely example with anything materially better – if it could be found at all – likely to cost multiples of this price.
Note that this coin has been verified by CAC.
Ex Stack’s March 1988 sale of the Herman Halpern Collection, Lot #19, where it was described, raw, as AU50+, and as "Probably 6th finest in collector hands", earlier Bowers November 1983 sale of the Virgil Brand Collection, Lot #474.
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