2007

1795 $1 Draped Bust, Off Center MS61 NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:20,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1795 $1 Draped Bust, Off Center MS61 NGC
<B>1795 $1 Draped Bust, Off Center MS61 NGC.</B></I> B-14, BB-51, R.2. Die State I. Among early silver coins, the Draped Bust design appeared only on silver dollars in 1795. Gilbert Stuart, the famous portrait artist, is credited with the design for the obverse, a major improvement over the previous Flowing Hair design. It is said that the model for the obverse was Anne Bingham, nee Willing. The couple was married at Christ Church in Philadelphia on October 26, 1780.<BR> In <I>Memorial History of the City of Philadelphia</B></I> (New York History Company, 1895), editor John Russell Young discussed Mr. and Mrs. Bingham in the chapter "Society After the Revolution:"<BR> "Among the numerous dinners of which Washington partook during his stay in Philadelphia as a member of the Federal Convention of 1787 were those given with a splendor that only fell short of ostentation by William Bingham and his beautiful and accomplished wife. Mr. Bingham had amassed a great fortune during the Revolution and before its close had married Anne, the daughter of the opulent Thomas Willing. His bride was only sixteen years old at the time of their marriage. In 1784 The Binghams went abroad where Mrs. Bingham became a great favorite in the highest circles of French and English society. After their return Mr. Bingham built a splendid mansion, in Third street below Spruce, modeled after that of the Duke of Manchester, in Manchester Square, London. It was in and around this mansion that centered what has been called the court circle of Philadelphia society after the removal of the Federal Government from New York."<BR> This gorgeous example is sharply detailed and extremely well centered with full satin luster beneath lovely gold and steel-blue toning on each side. The usual light surface marks are evident on each side, with several criss-cross adjustment marks and toning lines on the reverse.<BR><I>From The Queller Family Collection of Silver Dollars.</B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)