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

2010 April-May Milwaukee, WI CSNS US Coin Auction #1139

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    2149
  • Grade:
    AU55
  • Price:
    $17,250.00
Lot Description
1797 $1 10x6 Stars, Large Letters AU55 NGC. B-3, BB-71, R.2. The official reported mintage of Draped Bust dollars in 1797 was a scant 7,776 pieces, but many specialists believe coins with this date continued to be minted in the following year in greater quantities. Three varieties are known for the date. The present coin is an example of the BB-71 variety, easily distinguished by the 10x6 arrangement of the obverse stars. Most examples seen are in lower circulated grades, and AU55 specimens are rare. Currently, NGC has certified seven coins in AU55, with seven finer; while PCGS has graded four examples in AU55, with 13 finer (3/10). The present coin displays pleasing, medium density blue-gray toning, with subtle rose undertones. The striking details are sharp throughout. The only softness is due to slight wear from handling on the hair curls and the center of the eagle's breast and right (facing) leg. Numerous small abrasions are peppered over both sides, but the only mark worthy of mention is located above the eagle's left (facing) wing. Overall visual appeal is undeniable.
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