LOT Old Heritage Auctions  /  2008 April Rosemont, IL (CSNS) US Coin #1104  / 

2032

1798 $1 Large Eagle AU58 NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:7,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1798 $1 Large Eagle AU58 NGC
<B>1798 $1 Large Eagle, Pointed 9, Close Date, AU58 NGC.</B></I> B-26, BB-114, R.5. Bowers-Borckardt Die State I. The 1993 Bowers reference notes a "heavy die crack on the reverse from the upper right top of the second T in STATES into the rim" under Die State III. This is a die defect instead of a die crack, and is visible on the present early dies example. The reverse die for BB-114 shattered early in life, which explains the rarity of the variety. The obverse die was of more hardy stock, and lasted through BB-119.<BR> This impressive near-Mint example is attractively toned in peach-red, lime, and steel-gray. The major devices are well struck, with incompleteness limited to the breast feathers and drapery folds. The area near OF is slightly soft, due to metal flow to the high relief bust truncation, which is opposite. Both sides are remarkably void of marks. Faint hairlines cross the obverse, and hints of aqua debris are limited to the left-side reverse stars. In 1993, Bowers wrote, "[BB-114] is one of the classic rarities of the year. All or nearly all specimens are in grades from XF downward. I am not aware of any AU or Mint State coins." NGC BB-114 Census: 1 in 58, 1 finer (3/08).<BR><I>Ex: Stack's (3/1996), lot 500.</B></I><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>)
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