The Liberty Cap Large Cent, named for the Liberty Cap on a Pole, was the US Mint's second attempt at producing an attractive coinage for US Commerce. The design is similar to the Flowing hair but is much more aesthetically pleasing, especially in AU and higher grades. However, even with the departure of the "Witch-Like" Bust, US Citizens still didn't want the new cent, nor did they like the design. The Liberty Cap Large Cent was also the first coin to have edge lettering.
As a matter of fact, many just melted the coins for their copper content. So, the US Mint in 1794, made the planchets thinner and removed the edge lettering. The copper shortages and the melting of the coins threatened the Mint's attempt at a coinage before it even got off the ground.
Large Cents, as a whole, were often plagued with problems from poor planchets and changes in design, but this created a smorgasbord of varieties for the collector.
Diameter: 28 millimeters
Copper - 100%
208 grains (13.5 grams), reduced to 168 grains (10.9 grams) at the end of 1795
ONE HUNDRED FOR A DOLLAR (through 1795), plain (beginning in 1795), or with experimental, vertical reeding (on one 1795 variety)
None (all examples of this type were struck at Philadelphia)