V1974 Cygni or Nova Cygni 1992 was a nova, visible to the naked eye, in the constellation Cygnus.It was discovered visually with 10×50 binoculars on February 19, 1992, by , an amateur astronomer living in Boulder, Colorado. At that time he first noticed it, it had an apparent magnitude of 7.2. Nine hours later he saw it again, and it had brightened by a full magnitude. For this discovery Collins was awarded the AAVSO Nova Award in 1993. The nova reached magnitude 4.4 at 22:00 UT on 22 February 1992. Images from the Palomar Sky Survey taken before the nova event showed identified a possible precursor which had photographic magnitudes of 18 (blue light) and 17 (red light), but the identification of the precursor is not firm.