1795 $1 Off-Center Dr Bust MS (PCGS# 96858)

2013 November 15 - 16 Selections from the Eric P. Newman Collection Part II Signature Auction - New York #1190

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    33499
  • Grade:
    MS66+*
  • Price:
    $910,625.00
Lot Description
1795 $1 Draped Bust, Off Center MS66+ S NGC. CAC. B-14, BB-51, R.2. Ex: "Col." E.H.R. Green. Faint radial adjustment marks appear around portions of the obverse. Most of the trivial surface ticks are planchet marks that remained when this MS66+ S coin was struck. The surfaces are originally brilliant, save for a splash of delicate rainbow toning over about 40% of the obverse. The strike is outstanding and well-centered with all intricate details visible, including the eagle's eye, which is rarely present. Both sides exhibit full border dentils, also seldom seen. Obverse Die. The Off-Center Bust obverse appears only on the 1795 B-14, BB-51. The bust appears too far to the left on coins produced from this die, meaning it was placed too far to the right in the actual die. Two points of star 1 are solidly joined to the second hair curl, and the highest hair wave is centered below the B in LIBERTY. Reverse Die. The new Small Eagle reverse is modified from the Flowing Hair design. While the former had an eagle with its wings spread, this new version suggests an eagle that is ready to take flight. The reverse die from the B-14 pairing was used to strike a total of six die marriages dated each year from 1795 through 1798. That die was first used in late 1795 to strike the B-14, mating the new Draped Bust obverse with the Small Eagle reverse. That die next appeared with three different 1796-dated obverse dies: in striking order, B-3, B-2, and B-1. The fifth use was for the 1797 B-2, and the last use was for the 1798 B-2. Examples of four of those six die marriages are offered in this sale of the Newman Collection. Die State. This piece shows delicate clash marks, especially at the upper reverse. A faint obverse die crack extends into the field from the junction of the second and third curls. Both features are likely only visible on Mint State examples. Several raised die lines run diagonally through UNIT, and minor die rust appears outside of star 4.
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