1797 $1 9X7 Stars, Large Letters MS (PCGS# 6863)

FUN07 Volume #2

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    4964
  • Grade:
    AU50
  • Price:
    $12,075.00
Lot Description
1797 $1 9x7 Stars, Large Letters AU50 NGC. B-1, BB-73, R.3. Die State II. Reiver State a. Seven stars right; leaf tip at center of M. An early die state before either die developed cracks. The point of the hair curl is missing from light die lapping. Pleasing champagne and gray color on each side with considerable remaining luster. A few tiny surface ticks are evident on each side. Aside from 1794 with but a single variety, fewer varieties were produced with the 1797 date than for any other early silver dollar issue. Each of the three known varieties is plentiful enough to be obtainable, and each represents a specific different subtype within the series of Small Eagle dollars coined from 1795 to 1798. Approximately 1,500 silver dollars dated 1797 survive today from an unknown original mintage. Mint records indicate a total production of just 7,776 silver dollars during the year, but it is now believed that most or all were actually coins bearing the 1796 date. The production of silver dollars dated 1797 probably actually took place in 1798. Ex: Tom Eckert (5/2001). From The William Luebke Collection.
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