This is a S-51 R5- which is unattributed. Perhaps high for a generic 1794, it seems about right for this rarity. But that is up to the market. The reverse is easy to identify, but the obverses are quite difficult. I looked to the position of the right side of the 1 pointing toward the gap between the hair and the left point of the bust, the left side of the 7 entirely right of the left point of the bust, the moderate space between the 1 and 7, the 7 lower than the 9 and the relation between the second and third lowest hairlocks (asymmetric) to determine the obverse attribution. This was confirmed by the space between the cap and L and the position of the R and T above the hair and distant Y. I may see the scratch or break between the hair and the middle of E which is seen on one of the VF45s, though this is uncertain. This break/scratch is not to be confused with a break along the left side of the E on the S-49. http://www.ebay.com/itm/1794-Liberty-Cap-Large-Cent-/171050474767?pt=Coins_US_Individual&hash=item27d3671d0f ps In this case, the scratch I'm referring to is a die scratch and not a PMD scratch.
