1798 $1 5 Stripes MS (PCGS# 6874)

2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143

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    Heritage Auctions
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Lot Description
1798 $1 5 Stripes, Pointed 9 XF45 NGC. B-17, BB-101, R.5. Die State V. Reiver State c. Line Star Pattern. Five shield lines, the sole Pointed 9 dollar with this feature. Listed in the Guide Book as "Pointed 9, Five Vertical Lines" and the only die marriage that matches this description. Thus, anyone who collects early dollars by "Redbook variety" must own an example of this combination. This example is a late die state with die cracks outside the stars to the left, and a pronounced bulge in the left obverse field. Bowers-Borckardt plate coin. Hair-thin lines from the nose to star 8 identify this as the plate coin in the BB reference. Pleasing gray-brown toning with lighter silver color on the devices. Both sides have the usual insignificant imperfections expected on a lightly circulated early dollar. A rare die combination with only about 30 to 40 examples known, despite a higher estimate of 70 to 120 examples by Bowers. This is one of the "notable specimens" listed in the Silver Dollar Encyclopedia, a nicely centered specimen with excellent obverse and reverse detail. Ex: Higgins Collection (Bowers and Merena, 1/1988), lot 2216; Witham and Sansoucy Collections (Bowers and Merena, 9/1992), lot 1404; W. David Perkins; Harry Laibstain (4/2005); William Luebke Collection (Heritage, 1/2007), lot 4973, which realized $7,187.50.
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