1799/8 $1 15 Reverse Stars MS (PCGS# 6883)

2009 January Orlando, FL FUN Auction #1121

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    4293
  • Grade:
    MS63
  • Price:
    $24,150.00
Lot Description
1799/8 $1 15 Stars Reverse MS63 NGC. B-3, BB-141, R.3. Toned in dark golden-gray hues over the entire surface, with darker flecks on the reverse. The mint luster is present but generally overwhelmed by the toning. Close examination of the obverse shows crisscrossing adjustment marks on Liberty's face, neck, and hair, some of which extend into the surrounding fields. There is also an excellent pedigree marker in the form of a shallow nick which extends horizontally behind Liberty's eye into the nearby curl. The strike is fairly sharp for this variety. The devices on this variety are often found weakly impressed. Clean surfaces as expected for the grade, with no noteworthy bumps or nicks. This variety is always a favorite to examine. First off, the overdate feature is bold, as no effort was made to hide the underdigit 8 beneath the second 9 of the date. For the mint engraver, a less than perfect day unfolded. Without thinking, he placed 15 stars over the eagle's head and then noticed the mistake. Rather than discard the die, or simply strike coins with it, he decided to "hide" two of the stars. Dies are difficult to erase errors from (thankfully for die variety collectors today), so the engraver decided to cover two of the stars by extending the clouds down over them, figuring no one would notice. Perhaps no one noticed until decades later, since coinage continued using this pair of dies until they failed in the normal course of events. However, two little star points peek out from the enlarged cloud on the left, and one and a fraction star points extend from the enlarged cloud on the right. The engraver's bad day, and his attempt to obscure, are recalled by collectors today. Certainly one of the finer examples known of this important and popular overdate. Census: 6 in 63, 7 finer (9/08). From The Jack Lee Estate, Inventory.
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