The famous silver centered cent without the silver cent. This was struck in copper and/or billon, the latter often referred to as fusible alloy. Judd describes these as having obliquely reeded edges but all the examples I have seen have normal vertical reeding. About ten examples are known with the finest being the one in the Smithsonian which is also the Judd 1st-7th edition and Adams & Woodin plate coin. Examples are also in the ANS and ANA museum. The finest collectible is the former Seavey, Parmelee, Brand, Norweb, A. Weinberg example. The illustrated example above is the former Loye Lauder, southern collection, Simpson collection, Heritage 8/11 example while the example below was recently rediscovered at the 2004 ANA. Over a dozen examples are known of J1/P1 with the silver center with the Gschwend-Ellsworth-Garrett and Brock-Univ of Penn-Norweb coins, both uncirculated, being the two finest. There is also a recently discovered example, probably the finest known of all of these, which was struck without the silver plug in it resulting in the coin having a small hole in the middle. It was offered as lot 1400 in Stacks 3/95 sale. We have not assigned it a separate Judd or Pollock number as we are not sure if this was deliberate or some kind of mint error in the production of the J1/P1. For additional historical information on 1792 coinage, click here. Photos courtesy of Ira & Larry Goldberg's Coins and Collectibles.