1798 $1 Small Eagle, 13 Stars MS (PCGS# 6867)

2009 CSNS PN

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    Heritage Auctions
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Lot Description
1798 $1 Small Eagle, 13 Stars AU58 NGC. B-1, BB-82, R.3. Die State III, also known as B-1a. The 13 Stars obverse was the second 1798 silver dollar struck after the 15 Stars obverse was coined. At least, this is the assumed emission sequence, since the 15 Stars obverse follows similar varieties coined in 1796, and the 13 Stars obverse was next, just prior to the Heraldic Eagle coinage that continued through the end of the Draped Bust series. In fact, this obverse die was used for 1798 B-32, the next coin in the emission sequence and considered the first 1798 Heraldic Eagle variety coined. The obverse die is lapped, apparently as always, with fragmented details at the lower hair curls, and at the top of the head. The reverse is shattered, with all of the die cracks fully advanced, identical to the Bowers-Borckardt description for Die State III. A sensational example with virtually full luster and exceptional eye appeal. The fields display their full mint frost with only a trace of wear to break the luster. The fields have a soft, satiny appearance under warm gold and ivory toning. A few slight blemishes are barely worth mentioning. Examples of the 1798 Small Eagle silver dollars are seldom encountered in grades better than XF. Bowers writes: "Several hundred specimens exist, most of which are VF. EF examples are quire scarce, and any coin in better grade is rare. True Mint State coins are great rarities." Census: 5 in 58, 3 finer (3/09). From The Joseph C. Thomas Collection.
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