1795 $1 Silver Plug MS (PCGS# 6854)

2012 August 2-5 US Coins Signature Auction- Philadelphia #1173

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    5174
  • Grade:
    XF45
  • Price:
    $32,900.00
Lot Description
1795 $1 Flowing Hair, Silver Plug XF45 PCGS. B-4, BB-14, R.3. The Mint experiment with central silver plugs to bring lightweight planchets up to par was apparently only a two-year effort, as one 1794 with silver plug is known; the remainder are all 1795 Flowing Hair pieces. The present coin is an example of the B-4, BB-14 die marriage, which is believed to have been struck early in the year, as one 1795 is overstruck over a 1794. The Bowers-Borckardt Silver Dollar Encyclopedia offers a piquant description of the obverse die, including that "star 15 is 'hidden' entirely under the bust, where Miss Liberty cannot 'see' even a part of it; the only 1795 obverse with this characteristic." Some examples, including the present piece, appear with carbon streaks, here on the reverse rim above TED and not overly distracting. The silver plug is easily discerned on the obverse as an arc of slightly different color, but no obvious sign appears on the reverse. Considerable luster remains on each side of this Choice XF piece, with light gold, original coloration tinged with lilac accents around the device edges. From The Rocky Mountain Collection.
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