For the 1894 penny there are four die varieties consisting of an obverse die paired with four reverse dies. 

Ward 15
Needle Rock Cavern
From "Ward & Lock's Illustrated Guide to, and Popular History of the Channel Islands", 1882


1894
Penny
Obverse
Reverse




The spacings are measured between the one and the four and between the four and the N.


Obverse Dies:  The Star


A complete star is typical.


Reverse Dies:  The Date

Nicely centered date

Small spacing between the 4 and the N

The 9 has been repunched.

Small spcaing between the digits