1795 $1 3 Leaves MS (PCGS# 6852)

2013 February 7 -8 & 10 US Coin Signature Auction - Long Beach #1182

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    3845
  • Grade:
    MS61
  • Price:
    $44,063.00
Lot Description
1795 $1 Flowing Hair, Three Leaves MS61 NGC. B-5, BB-27, R.1. Bowers-Borckardt Die State II, with the die crack off the left wreath stem not reaching the rim. The B-5, BB-27 is the most common of the 1795 dollar die pairs regardless of design variety or subvariety, which induces price pressure from type collectors whether or not they tackle subvarieties such as the Two or Three Leaves versions of Flowing Hair dollars (the other five Three Leaves die pairs are scarce or rarer, for example). Better circulated and Mint State representatives of the B-5, BB-27 experience a magnified version of this pressure. This example is a warmly lustrous MS61 that illustrates many of the typical characteristics of its die pair. The Bowers-Borckardt reference notes that "most early die states show striking weakness at the centers." Certainly this coin is not strong on the interiors, yet the luster flow is undisturbed even at seemingly detail-lacking zones such as the eagle's breast. The long, raised "bar" between star 5 and the uppermost flowing curl in Liberty's hair is a prominent diagnostic for the obverse die and thus the die pair. Several colors add life to the gray base, including orange, gold, and green elements. A few small spots of charcoal toning also are present, more on the reverse. While the piece shows wispy flaws and a few deeper marks such as the near-vertical abrasion behind Liberty's eye, this coin's all-around eye appeal is better than the MS61 designation might suggest. Census: 13 in 61, 39 finer (1/13). From The Fenn Family Collection.
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