1802 $1 MS(PCGS#40087)

December 2020 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

1093

等级

MS65

价格

1,179,752

详细说明

Amazing Gem 1802 BB-241 Silver Dollar Tied for CC#1 1802 Draped Bust Silver Dollar. BB-241, B-6. Rarity-1. Narrow Date. MS-65 (PCGS). CAC. This Gem Mint State early dollar is one of the finest examples of both the date and die pairing in existence. A superb coin, both sides are extremely sharply struck with outstanding toning in iridescent reddish-apricot and powder blue. Luster is full with a softly frosted texture, the surfaces are as nice as would be expected for the assigned grade. A shallow planchet drift mark (as made) in the lower reverse field after the final letter A in AMERICA will serve as a provenance marker. BB Die State III. For many issues in the United States Mint's early coinage series, there is some question regarding precisely how many coins were produced during any given calendar year. This is the case with the 1802 Draped Bust dollar, where the reported mintage of 41,650 pieces coined in 1802 is certainly lower than the quantity of 1802-dated dollars actually produced. Q. David Bowers in his 2013 book, The Encyclopedia of United States Silver Dollars: 1793-1804, estimates that the number of silver dollars that were struck using 1802-dated dies is likely closer to 80,000 pieces, made up of coins struck in 1802 and 1803. Even though seven different die pairings for the 1802/1 overdate have been identified, only two die marriages for the normal date are confirmed. The distinctive obverse die used in the BB-241 pairing is characterized by the missing right foot of the letter T in LIBERTY, a diagnostic feature that is readily apparent in all die states. This obverse was only used for this die pair. The BB-241 die marriage is far and away the most available of the entire 1802-dated dollar issue with an estimated 1,500 to 2,750 extant specimens primarily in the Very Fine to Extremely Fine grade range, though with perhaps as many as 50 to 70 Mint State pieces known. Even though a number of notable Mint State specimens are listed in the Bowers encyclopedia, including seven in PCGS/NGC MS-65, this variety is clearly a major condition rarity at this level. Due to its comparative availability, the BB-241 variety has long been popular with collectors in all grades as an example of not only the 1802-dated issue, but the Draped Bust, Heraldic Eagle design type. The Larry H. Miller specimen is tied for CC#1 in the Bowers census, and it is a beautiful coin that would be difficult to improve upon. Provenance: From the Larry H. Miller Collection. Earlier ex Walton Hood Collection; our (Bowers and Merena's) Rarities Sale of January 2003, lot 426. PCGS Population (all die marriages of the issue): 4; 1 finer (MS-65+). PCGS# 6895. NGC ID: 24XB. Click here for certification details from PCGS. Click here to see Coins in Motion. [“Coins]