1801 $1 MS(PCGS#6893)

March 2020 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

3176

等级

MS61

价格

161,822

详细说明

Significant Mint State 1801 Silver Dollar Condition Census Quality 1801 Draped Bust Silver Dollar. BB-214, B-4. Rarity-4. MS-61 (NGC). BB Die State II. Deeply toned lilac-gray surfaces with bursts of vibrant sea green, neon blue, and other rainbow iridescence at the rims when presented under a bright light source. The surfaces are smooth and seemingly flawless to the unassisted eye, and the design motifs are remarkably sharp for the type. Intensely original with radiant luster glowing from the protected areas. A few areas of thicker patina are noted around the reverse stars. By the time the new century rolled around, the price of silver had risen enough that the intrinsic value of a silver dollar was actually $1.03, prompting hoarding and speculation. It would be this situation that would prompt the Mint to ultimately suspend production of the denomination in 1804. Mint reports from calendar year 1801 report that 54,454 silver dollars were coined, however, the conventional wisdom is that a portion of this mintage were actually dated 1800. Bowers estimates that some 35,000 1801-dated dollars were struck in total for all known die varieties. Two obverse dies and four reverse dies were mated in four different combinations in total, with the BB-214 variety considered the scarcest of these combinations. The BB-214 variety can be discerned by the partially broken lower right serif on the letter T punch - this punch becomes completely broken by the time this die is used on BB-213. The order of sequence that the four varieties were struck is uncertain though it is quite likely that the BB-214 coins were actually struck in 1802. While circulated examples can be found on a fairly regular basis, Mint State specimens are exceptional. As with the larger mintage earlier dollars, these coins were intended to displace foreign crown-sized silver coins in circulation and see years of use in commerce. Very few were saved at the time of issue and as a result just 1,800 to 3,500 survivors are estimated for all four die varieties. Of these, between 400 and 750 are of the BB-214 die pair. Q. David Bowers reported only two Mint State specimens on his list of eight notable specimens (2013), with the balance in Choice AU grades. This Mint State example is a new entry on this list and is sure to be of interest to advanced early dollar specialists. Provenance: Ex our November 2011 Baltimore Auction, lot 2609. NGC Census (all 1801 varieties): 3; 14 finer. PCGS# 6893. NGC ID: 24XA. Click here for certification details from NGC.