1797 $1 9x7 Stars, Small Letters MS(PCGS#6866)

The Regency Auction 51

拍卖行

Legend Rare Coin Auctions

批号

28

等级

XF40

价格

202,154

详细说明

FROM THE DALE FRIEND COLLECTION, PART I. Ex Eliasberg, as noted on the insert. A "Notable Specimen" of this very scarce die marriage. The B-2, BB-72 is the scarcest of the three known marriages for the date, each of which is a distinct Red Book variety. Considered to be Rarity-3+ to Rarity-4, Dave Bowers estimated 200-300 survive in all grades, most of them well worn or problematic. Its scarcity has led to much debate over the exact number struck, and does shed some light on early mint practices in recording mintages. The recorded mintage of 7,776 accounts for all the coins struck in calendar year 1797, but Robert Hilt III suggested that this was the only die pair that was actually struck in 1797, B-1 and B-3, he suggested were actually struck in 1798. This is a totally original collector grade example, a superb example from the most famous coin collection of all time: Louis E. Eliasberg. Nicer than typically seen for the variety. The obverse shows sharply defined design elements, despite the light to moderate wear and the reverse shows the typical weakness on the eagle's breast. The wear is generally even and the surfaces are generally problem free to the naked eye (only with a glass do any flaws, including one obverse scratch, blend in perfectly with the surrounding areas come into focus). Evenly toned in a medium dove-pewter gray patina, with accents of blue and gold that pop in a light. The eye appeal is exceptional for an XF coin. Ex. J. Colvin Randall, May 1894; J.M. Clapp Collection; J.H. Clapp Estate to Louis E. Eliasberg, via Stack's, en bloc in 1942; Bowers & Merena/Stack's sale of the Louis E. Eliasberg Collection, Part II, April 1997, lot 2178; Highland Collection; intermediaries; Dale Friend Collection. PCGS 9, NGC 3, CAC 2. There are no really recent comparable examples to sell in auction: the last PCGS XF40 sold in March 2017 and was not CAC. A similar looking coin, graded PCGS XF45 CAC sold nearly six years ago for $22,325. The current Collectors Universe value is listed at $18,500 and the CAC CPG value is a similar $18,600. We think those levels will be exceeded when this very choice and original, beautifully pedigreed piece crosses the block. Good luck. Cert. Number 21014104 PCGS # 6866