1802/1 $1 Narrow Date MS (PCGS# 6898)

Long Beach

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    7873
  • Grade:
    EF45
  • Price:
    $4,140.00
Lot Description
1802/1 $1 Narrow Date XF45 NGC. B-9, BB-235, R.6. In the February 23, 1952 sale of his personal reference collection of early Silver Dollars, M. H. Bolender stated (in cataloging his 1802/1 B-9), "A new variety which I discovered in 1950 when I purchased the Marmaduke Fox collection of United States coins. Unknown to Haseltine, and to me also until 1950. See my book for description. The plates for the book had already been completed when this coin was found, hence not shown on plate. Strictly fine. May be unique. $100." Since this time, more specimens have turned up, and most specialists (including this cataloger) consider this a low Rarity-6, with some considering it a high Rarity-5. The finest known specimen may be the "Baldenhofer Specimen XF-45" listed under "Notable Specimens" in the Bowers book on page 413, called AU-50 by the owner (in a conversation with this cataloger at the 1995 ANA Convention). It is important to note that of nine specimens included in the John Reich Journal early Dollar census (2002) referenced earlier, no specimen graded higher than XF45. Light rub is seen over the highpoints of the design elements and the surfaces show only the slightest abrasions. The most obvious marks are a pair of tiny ticks located to the left of the diagnostic die flaw below the B in LIBERTY and an angling mark on the upper neck of Liberty. Medium density golden-gray toning is seen in the center of each side with rich sea-green toning around the margins. From the Albany Collection.
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