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1794 Flowing Hair $1 PCGS F15

Currency:USD Category:Coins & Paper Money / US Coins Start Price:45,000.00 USD Estimated At:90,000.00 - 100,000.00 USD
1794 Flowing Hair $1 PCGS F15
<Our item number 127375><B>1794 Flowing Hair Dollar. PCGS graded Fine-15.</B> In PCGS holder number 10008009. Lightly toned. The date is somewhat weak. A very popular date. Only 1,758 minted. Small flaw on the obverse as made. Offered a few years ago in a Heritage March 2003 sale, it was described by the cataloger thusly: &#34;This is an unmistakable 1794 Dollar. It has a prominent pedigree marker that is impossible to miss. It appears that a piece of bent wire, approximately 10 mm. long, that starts in the middle of Liberty&#39;s neck and terminates in the field just below the neck, fell between the die and the blank planchet, leaving a distinctive impression on the finished coin. This coin was unknown to the late Jack Collins. Jack spent decades researching 1794 Dollars and tracing their pedigrees. However, this coin has remained, until recently, in the collection of Cornelius Vermeule, noted author of Numismatic Art in America. It was purchased by Vermeule from Norman Stack in the late 1960s, while Mr. Ver meule was researching coin types with Mr. Stack for his landmark book.&#34;<BR><BR>A mere 1,758 pieces were made this first year of issue. Somewhere under 150 are known today &#40;Bowers enumerates 102 pieces in his encyclopedia&#41;. It appears that early in the minting cycle, after only a few 1794 dollars were struck, the dies became misaligned which caused the date and several nearby few stars on the left to be softly impressed &#40;The same thing occurred on the matching area on the reverse&#41;. This is quite visible on this piece, the weak detail from skewed dies being also affected by considerable circulation wear, which left only the tops of the date digits visible. The surfaces are a natural light &#34;old silver&#34; hue with more saturated gray color in the areas around the design and around the margin. Numerous small abrasions are detected with the aid of a glass, but none deserve singling out <B>&#40;PCGS # 6851&#41;</B>. <BR>Estimated Value &#36;90,000 - 100,000. <I><BR>E x Stack&#39;s Cornelius Vermeule Collection &#40;9/01&#41;, lot 414.</I> <BR><BR>Our item number 127375<BR><IMAGES><P ALIGN="CENTER"><IMG SRC="http://www.goldbergcoins.net/liveauction/44jpegs/127375.jpg"> <BR><IMG SRC="http://www.goldbergcoins.net/liveauction/44jpegs/127375N2.jpg"> <BR><IMG SRC="http://www.goldbergcoins.net/liveauction/44jpegs/127375N3.jpg"> <BR><IMG SRC="http://www.goldbergcoins.net/liveauction/44jpegs/127375N4.jpg"> </P></IMAGES>