LOT Heritage Rare Coin Galleries  /  2004 June Long Beach Signature Sale #349 - Sessi...  / 

6106

1794[S$1]--XF Details, Obverse Repaired--NCS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:26,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1794[S$1]--XF Details, Obverse Repaired--NCS.
<B>1794<S$1>--XF Details, Obverse Repaired--NCS.</B></I> We are not aware of another opportunity collectors have ever had to choose between so many 1794 dollars. As a rule, silver dollars from this year are rarely offered at public auction, and the demand for these coins far outdistances the supply. This particular coin shows evidence of minor repair in the upper obverse field, and yet numismatists for many generations have been willing to accept or overlook this defect as this piece has been in major collections since the 1870s. The surfaces are medium gray with much lighter accents over the highpoints on the reverse. Weakly struck on the stars on the obverse stars, as always, with the left side of the reverse also weak from having been struck from misaligned dies. The only mentionable surface defect is a diagonal scratch across the eagle's neck that continues into the field below. The repair was done on the obverse in the field at 1 o'clock and it affects a couple of stars. Apparently this area was smoothed in order to lessen the effect of a deep planchet flaw; however, the flaw is still obvious. A well detailed and historic 1794 dollar.<BR><I>Ex: Michael Moore Collection (Edward Cogan, May 1-2, 1879), lot 611; John C. Lighthouse Collection (J. C. Morgenthau & Co., February 18-19, 1936), lot 208; F. S. Guggenheimer Collection (Stack's, January 22-24, 1953), lot 945.</B></I> <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.
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