1795 $1 Silver Plug MS (PCGS# 6854)

2004 July New York, NY Signature Sale #320

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    Heritage Auctions
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Lot Description
1795 $1 Flowing Hair, Silver Plug VF25 PCGS. B-5, BB-27, R.1. Not to be confused with an out-of-the-mint repair, a silver plug was added to the center of the planchet in the mint before striking. Such plugs are a relatively recent discovery, and it is believed they were the opposite of adjustment marks, i.e., metal was added to the planchet to bring an underweight planchet up to proper weight. The plug is somewhat difficult to distinguish on this pleasing medium-gray example, but its oval-shaped outline is faintly apparent on the central obverse. Two small depressions on and near the bow of the wreath could also be of mint origin. This coin was the subject of a cover story for the May 20, 2002 issue of Coin World. It is the discovery piece, and only known example, of a silver plug on a 1795 Bolender-5 Dollar.
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