1796 $1 Small Date, Lg Letters MS (PCGS# 6860)
The August 2013 Chicago ANA World's Fair of Money
Lot Number: 4317
View the Original Auction
1796 Draped Bust Silver Dollar. B-4, BB-61. Rarity-3. BB Die State II. Small Date, Large Letters. MS-61 (PCGS). Secure Holder. The offered example is tied with one other as the finest known of this major variety with the Small Date, Large Letters combination -- the other being the Reiver coin. Boldly struck throughout and well preserved, the surfaces show incredible definition that is lacking on all circulated examples. The breast and thigh feathers on the eagle are sharp as are the curls. There are no obvious scratches or adjustment marks on this example, keeping the eye appeal high. Light silver with a few dusky gray traces and a hint of gold.<br />
Although this die pairing is quite plentiful, only a couple are truly Mint State. Most dates and major types are available for a price in grades up to Choice or so, but not this particular issue. Perhaps these were sent to the far reaches of the states when they were released and no one could afford to save them. Whatever the cause the result is that no more than a couple of these are known at this grade level. This is a perfect coin for the advanced specialist.