LOT Heritage Rare Coin Galleries  /  2004 May (CSNS) Signature Sale #346 - Session 3  / 

7927

1794 S$1 VF20 Details, Repaired, NCS. B-1,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1794 S$1 VF20 Details, Repaired, NCS. B-1,
<table><tr><td><table><tr><td>1794 S$1 VF20 Details, Repaired, NCS. B-1, BB-1. The 1794 dollar is one of the best known rarities in the entire series of U.S. numismatics. The mintage is also well known: only 1,758 pieces were struck. In fact, the mintage and lore about this issue are so well known that we showed this coin to a former coin guy, now turned currency expert, and he remembered the exact mintage, even though when he was dealing in coins he never got any closer to a 1794 than a dealer's showcase. It is widely believed that between 120 and 140 examples survive today in all grades--this estimate being based largely upon research done by the late Jack Collins, whose unpublished manuscript we do not have in our library (hint, hint). This particular coin was repaired in 1976 on stars 2, 3, and 4 on the obverse, and on the reverse STAT in STATES was strengthened. The surfaces overall are somewhat bright with an overlay of medium gray patina interspersed with brilliance, this effect being most obvious on the reverse. The most obvious features that will help trace the pedigree of this coin are a short, angling mark above the 1 in the date, a tiny rim bump at 9 o'clock on the reverse, and a slightly curved planchet flaw below and to the left of the eagle's left (facing) wing. There is also tiny, round pit between Y and star 9; and a tiny pit in the field behind the third curl back of the head. This piece was certified by ANACS in August 1982 (certificate #EX3736), but not graded, as "repaired, engraved, whizzed."Ex: Bill Grayson (1976); to Silver Towne / Leon Hendrickson; The Charmont Sale (Steve Ivy, 8/83), lot 3768, where bought in at $16,000; reconsigned to The 1988 ANA Sale (Heritage, 8/88), lot 930, where it realized $10,450, and was graded Very Fine 20/20. <BR><BR><B>Important notice:</B> Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid. <BR><BR><B>IMPORTANT ANNOUNCEMENT ABOUT RESERVES:</B> Heritage now divulges all reserves on its web site 7 days before every auction. If you want to know whether the reserve on this lot has been met, and if not, what the reserve amount is, please visit this lot page on the HeritageCoin.com web site, or email: bid@HeritageGalleries.com </span></font></td></tr></table></td></tr></table>
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