1795 $1 Centered Dr Bust MS (PCGS# 6858)

2001 FUN Signature Sale #244

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    Heritage Auctions
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Lot Description
1795 $1 Draped Bust MS 63 PCGS. B-15, BB-52. Die State V. The 2001 Guide Book lists the mintage figure for the 1795 Draped Bust dollar at 42,738 pieces. On the other hand, R. W. Julian (quoted by Bowers, 1993) advances a mintage figure of 78,238 pieces for this issue. Bowers' estimate is, however, 110,000 pieces, a figure that he extrapolated from the number of surviving examples. Regardless of which, if any of these mintage estimates is correct, there is little doubt that the 1795 Draped Bust dollar is several times scarcer than its similarly dated Flowing Hair counterpart. Only two die pairs were used to produce this issue, and the first (B-14) displays an off-center bust of Liberty on the obverse. The present example is undoubtedly in the Condition Census for the B-15 variety. The strike is simply extraordinary for the issue. The stars display full radial lines, Liberty's hair curls are crisp and well separated, and the eagle's feathers are bold everywhere except over the legs. The peripheral features are equally sharp with boldly defined denticles. The surfaces reveal a modest prooflike finish beneath warm golden-gray patina. This is the finest B-15 1795 Draped Bust dollar that we have offered in recent memory. Ex: 1997 FUN Signature Sale (Heritage, 1/97), lot 6260, where it realized $30,500. From the Bob Bisanz U.S. Type Set.
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