1796 $1 Small Date, Lg Letters MS (PCGS# 6860)

Queller Family Collection of Silver Dollars

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    Heritage Auctions
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Lot Description
1796 $1 Small Date, Large Letters AU58 NGC. B-4, BB-61, R.3. Die State I. The obverse may have been lightly lapped at the top of the die, as indicated by the detached curl near the forehead, consisting of three joined arcs. All other curls are bold and fully defined. The die chip above the 1 is bold, with tiny rust pits nearby. The 1796 B-4 dollar is the most plentiful variety of the date. Perhaps six or eight full Mint State examples are known, followed by a dozen or more AU pieces. This coin, nearly Mint State quality, still ranks among the 10 finest known of the variety. RARCOA described this piece as "About Uncirculated, toned pale gold in centers, purple and orange around peripheries. An attractive specimen with semi proof-like fields." To their concise description, we would add that the strike is bold, especially at the center of the obverse. The surfaces are exceptional with pristine fields, and both sides exhibit nearly full frosty mint luster. The reverse has the typical appearance with some weakness on the eagle, although this piece is even more boldly defined than usual. In his Silver Dollar Encyclopedia, Bowers wrote: "Due to unsatisfactory impressing of the eagle punch in the working die, specimens of 1796 BB-61 are not as well defined on the reverse as are most others of this general design type. Even AU or Mint State coins are apt to have the feathers appear 'fuzzy' or indistinct." Ex: Auction ’84 (RARCOA, 7/1984), lot 1703. From The Queller Family Collection of Silver Dollars.
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