1797 $1 10X6 Stars MS (PCGS# 6865)

2012 April 18-22 US Coins & Platinum Night CSNS Signature Auction- Schaumburg #1169

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    5151
  • Grade:
    MS61
  • Price:
    $44,563.00
Lot Description
1797 $1 10x6 Stars, Large Letters MS61 NGC. B-3, BB-71, R.2. Bowers-Borckardt Die State III. The only silver dollar die marriage with a 10x6 obverse star arrangement, an engraving blunder since it causes LIBERTY to be uncentered above the draped bust motif. Vibrant cartwheel luster dominates this magnificent Small Eagle dollar. Light chestnut-gold toning is consistent across both sides. The centers show customary incompleteness of strike on the curls beneath the ear and on the eagle's breast and leg feathers. The peripheral elements are well impressed. The obverse shows moderate marks near stars 4 and 15, beneath the ear, and on the chin. The reverse is well preserved save for a faint vertical mark near the eagle's left (facing) shoulder. Unlike so many 18th century silver dollars, no adjustment marks are present, an attribute that ensures the eye appeal. Uncirculated examples of Bolender-3 are extremely rare. The variety is typically encountered in VF grades, and specimens with unbroken cartwheel luster represent an important find for the specialist. Our Permanent Auction Archives, which date to 1993, contain only three sales of certified Mint State examples, a PCGS MS62 from the Joseph C. Thomas collection that brought $63,250 as lot 2543 in our 2009 Central States Signature, an NGC MS63 specimen from the Queller collection that realized $77,625 as lot 2013 of our 2008 Central States Signature, and the Ostheimer NGC MS64 that realized $149,500 as lot 2190 in our 2005 Dallas Signature. The opportunity offered by the present lot can hardly be over-emphasized. NGC BB-71 Census: 2 in 61, 2 finer (3/12).
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