1796 $1 BB-63, Small Date & Letters MS(PCGS#39998)

The Regency Auction 41

拍卖行

Legend Rare Coin Auctions

批号

14

等级

MS65

价格

4,787,528

详细说明

FROM THE BRUCE MORELAN COLLECTION A simply STUNNING GEM 1796 silver dollar! The absolute FINEST example of the Small Date, Small Letters variety by a HUGE MARGIN! This cataloger thinks Bruce's words are a great way to introduce this GEM, a truly SUPERB early dollar! In a video for PCGS CoinFacts, Bruce said: "The 1796 is just an amazing original coin, never seen anything like it. Most of the 1796’s are drab and been impaired, lightly cleaned. This coin, original envelope toning. I flew to Chicago to buy this coin, my wife and I were at the bulls playoff game, I'm standing in the stairwell yelling 'BID' to Laura as this coin is going off. It sold for well over a million dollars. At the time a world record for a bust dollar let alone a 1796." This coin SHOULD NOT EXIST! This incredible quality B-2, BB-63 is a scarce variety to begin with, listed as R-4 with about 175-300 examples known in all grades, and per Q. David Bowers' 2013 revision of his early silver dollar Encyclopedia shows none graded over "MS60" for the variety (which is listed as a "Specimen in a private Eastern collection reported by Doug Winter)." This is an AWESOME quality silver dollar that would be a highlight of any auction sale, and it is right at home in this WORLD CLASS cabinet! Brilliant underlying luster comes to life in a light. As you rotate the coin, the fields take on a watery, almost reflective flash. Clearly this SUPERB early dollar sat for ages in an old paper envelope which imparted a spectacular melange of color, with pink and blue hues dominating, while traces of the original silver "pull away" from the letters of the legends. Both sides are razor sharp in strike, offering exquisite definition on both obverse and reverse. Every detail is full and crisp, imparted by a surprisingly exacting blow from the screw press. Nearly PRISTINE, the essentially FLAWLESS surfaces are devoid of any stray contact or even mint made adjustment marks. The eye appeal is simply phenomenal! Truly remarkable that this coin seems to have come out of no where, selling in April 2013 as part of the William Jacob Collection as an NGC MS65 CAC. No early pedigree information was provided or even suggested by the catalogers at Heritage. PCGS 1, NGC 1, CAC 1. This coin was graded MS65 by NGC at the time of its auctioning over seven years ago, realizing a world record $1,175,000! At the time, few early dollars ever approached the seven figure price point! Today the PCGS Price Guide value is $1,175,000 and the CAC CPG value is $1,210,000. This is one of the RAREST opportunities for the advanced type collector to acquire a true GEM example! Outside of this collection such an opportunity is unlikely to repeat itself anytime soon! Cert. Number 25011756 PCGS # 6859.00