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4950

1795 S$1 Flowing Hair, Two Leaves VF35 NGC.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:7,000.00 USD Estimated At:1.00 - 2.00 USD
1795 S$1 Flowing Hair, Two Leaves VF35 NGC.
<B>1795 S$1 Flowing Hair, Two Leaves VF35 NGC.</B></I> B-10, BB-22, R.7. Digit 7 punched over 1 ("1795/1195"); single tail berry, outside berry below C. Die State I, perfect dies, apparently as always. This is a major rarity among the 1795 dollars known to Bolender, and it was even known to J.W. Haseltine who called it "Excessively rare." It remains extremely rare, or exceedingly rare, as a variety. Only about 10 or 11 examples are known, despite a much higher estimate of 25 to 50 coins by Q. David Bowers in his <I>Silver Dollar Encyclopedia.</B></I> The July 2000 issue of the <I>John Reich Journal</B></I> included a detailed article about this variety: "The 1795 B-10 Silver Dollars--Much Rarer Than Thought?" Over the years, the 1795 B-10 dollar has been called R.6, R.7, R.8, and even R.5 in various reference books, as well as by catalogers and specialists. In this article, W. David Perkins concluded that in over 10 years of research "I have only been able to trace eight different specimens of the 1795 B-10 die marriage offered in the last 120 years!" The <I>John Reich Journal</B></I> is the quarterly publication of the John Reich Collector's Society. For information on membership in the John Reich Collector's Society or acquiring back issues of the journal, please contact Bradley S. Karoleff, Editor, JRCS, P.O. Box 135, Harrison, Ohio 45030-0135; or visit the JRCS website at www.jrcs.org. <BR> M.H. Bolender originally called this die marriage Rarity-6 (13-30 specimens known) in the original 1950 publication of his book <I>The United States Early Silver Dollars 1794 to 1803</B></I> (yet Bolender was most likely aware of only two or three specimens: Bolender's own, the Haseltine specimen, and possibly one other). The finest known specimen of this die variety known has to be the F.C.C. Boyd specimen from the World's Greatest Collection sale, January 1945. It was graded Uncirculated in that sale. The next finest specimen known grades XF40, followed by a number of specimens in the VF range. One of the known specimens is counterstamped, with the date "1793" on the obverse. It was "cherrypicked" in an eBay auction by an astute Northern California early dollar specialist in early 2000.<BR> The coin offered here is one of three new specimens of 1795 B-10 discovered since the publication of the above article, bringing the total known to this cataloger to 11, with one of these possibly being the same as the Haseltine specimen, last offered publicly in 1881. This specimen was first offered at public auction in the Goldberg Coins sale of The Fairchild Family Trust Collection, May 28, 29, 30, 2001, lot 843, where it was described as having "a dark arc of toning through LIBERTY and a couple of stars on the right, and is silvery gray on the rest of the obverse, the reverse is the opposite, dark tones ranging through greens, golds and dark gray on the lower eighty percent, lighter at the top. Identifiable by a small nick on the right side of the eagle's neck, and a tiny ding over the I in AMERICA. There is a small field mark above the highest curl on the back of Liberty's head and a tiny dig in the lower right obverse field. In the PCGS holder it is hard to see if the rims are clean, but they certainly have no significant bumps or bruises." This dollar realized $13,225 in the Fairchild sale, in very spirited bidding.<BR><I>Ex: Fairchild Family Trust Collection (Goldberg Coins, 5/2001), lot 843; The Cardinal Collection; The "Elite" Sale (Superior, 1/2002), lot 1177; Heritage (4/2002), lot 7167; Albany Collection (Heritage, 9/2002), lot 7746.</B></I><BR><I>From The William Luebke Collection.</B></I><BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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