1800 $1 12 Arrows MS (PCGS#6890)
August 2023 Global Showcase Auction U.S. Coins
- 拍卖行
- Stack's Bowers
- 批号
- 6333
- 等级
- AU50
- 价格
- 40,195
- 详细说明
- 1800 Draped Bust Silver Dollar. BB-196, B-17. Rarity-1. 12 Arrows. AU-50 (PCGS).
A handsome piece dressed in dominant pearl-gray patina with an intermingling of pinkish-rose on the obverse, the reverse with vivid olive-blue outlines to the design elements. Both sides are sharply defined for the grade and impressively smooth during in hand viewing. 1800 would prove to be the last year the bullion value of a silver dollar would equal its stated value. Soon after, the price of silver began to rise so much so that that the intrinsic value of a silver dollar was actually $1.03. This helped to drive the denomination from circulation and into the possession of speculators who brought the coins overseas to be sold at a significant profit, compelling the Mint to ultimately suspend production in 1804. Until then, production continued and some 220,920 examples were struck in 1800, with only about 100,000 bearing the 1800 date. High grade early dollars attract considerable attention and this 1800 will be no exception. Worthy of a premium bid. BB Die State IV.
Provenance: From the Legacy Collection.
PCGS# 6890. NGC ID: 24X9.
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