1795 $1 2 Leaves MS (PCGS# 6853)

2013 January 9-14 US Coin FUN Signature Auction - Orlando #1181

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    Heritage Auctions
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Lot Description
1795 $1 Flowing Hair, Two Leaves MS62 NGC. B-9, BB-13, R.4. Bowers-Borckardt Die State I. An early die state with no clash marks or cracks visible on either side. Both sides have bold denticles with a nicely centered strike, yielding wide border details. Slight die roughness is noted above the date and near the bust tip, with the 7 and 5 each repunched. The obverse die was used for BB-11, 12, and 13 (B-3, 11, and 9), the first three 1795 silver dollar varieties coined, according to Bowers and Borckardt. After the present variety was minted, the reverse was used for B-4, BB-14. The Notable Specimens section of the BB reference, compiled in the early 1990s and now out of date, is still the only published source of census information about the early dollars, although it was never intended as an official condition census. The finest piece listed there was the MS63 Auction '90 specimen, except that is actually a B-13 (BB-24) dollar. The next specimen, an AU55 appearing in the 1987 Bowers and Merena sale of the Saunders Collection, served as the plate coin for the BB book, and was the top listed B-9, BB-13 dollar in that record. Only one other top piece listed was the Atwater specimen, a Mint State coin with heavy planchet lamination defects. Those were followed by a dozen XF pieces. Today, we know that the Cardinal Collection included an AU58 PCGS specimen in 2005, and the catalogers felt that was the finest known. The present MS62 NGC dollar is, in our opinion, the finest known B-9, BB-13 silver dollar, clearly finer than the Hesselgesser specimen listed on the PCGS Set Registry. This lovely dollar has light silver-gray surfaces with full frosty mint luster beneath wisps of champagne toning. Faint adjustment marks at the central obverse cause strike weakness at the central reverse. Small streaks of dark toning appear on the reverse. A splendid early dollar for the advanced variety specialist.
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