Market Analysis: 1793 Liberty Cap large cent
- Published: Jun 9, 2024, 7 PM
Collector Jon Alan Boka sold 58 of his 1794 Flowing Hair large cents at Heritage in 2016. Heritage said, “Boka is Back” when presenting four choice examples at its May 9 Platinum Night session.
Leading the offering at $120,000 was a 1793 Liberty Cap large cent, listed as Sheldon-14 in William H. Sheldon’s early cent reference (eventually titled Penny Whimsy) and graded Extremely Fine 45 by Professional Coin Grading Service. The obverse shows a bisecting die crack from the E in LIBERTY to the 3 in the date, and the crack is visible even on the lowest-grade examples. This one is among the five finest of the variety graded at PCGS.
Heritage observes some trivial marks, while recognizing, “The glossy surfaces exhibit a blend of reddish-gold, chocolate, and steel-brown toning on both sides of this census-level piece.” The price achieved was considerably less than the $199,750 it sold for in a 2017 auction by the Goldbergs, and less even than the $126,500 it sold for in Heritage’s 2008 offering of the Walt Husak collection.
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