What this coin looks like (obverse, reverse, mint mark location, special features, etc.): This variety features the 1794 design of the liberty head on the obverse of the 1794 Liberty Cap Large Cent (Penny). This "head of 1794" features a hooked curl on the bottommost lock of hair on the liberty head as depicted above. There are also numerous Sheldon varieties within this general "head of 1794" variety.
Important Exception: One type of this variety known as the Sheldon S-44 variety does not have a hooked curl of hair. It is often confused with the "head of 1795" which does not have the hooked curl - even major coin grading companies have been confused by this. One way to identify the S-44 variety is to note that a die defect caused a prominent crack through the "17" in the 1794 date.
The difference between the head of 1793 vs head of 1794 vs head of 1795 is depicted below in the example comparison image:
Coin value chart: Typical coin prices, values and worth in USD based on grade/condition