 1794 S.48 (R-5). Starred Reverse. About Good-3. Here is a wonderfully smooth, rather attractive olive-brown specimen of a storied Large Cent variety that is most often found in a corroded, generally wretched state of preservation. The obverse is quite smooth and well-defined, with some weakness noted in the date and LIBERTY. The all important reverse is strong in two main areas, while the rest is weak to nonexistent. These two areas along the rim at 10:00 and 6:00, however, reveal over two dozen of the 94 tiny stars for which S.48 is so famous. No reason sufficiently explaining the raison d'etre of the Starred Reverse has ever been found, but the mystery and sheer uniqueness of the type within the Large Cent series continues to delight collectors over one hundred years after its initial discovery in the late 19th century. This opportunity to acquire such an attractive, circulated specimen of this popular 1794 Large Cent variety should not be missed.
This specimen is #40 in Pete Smith's ''Starred Reverse Update 2004'' in the November 2004 issue of Penny-Wise.
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