2551

1799 Bust $1

Currency:USD Category:Coins & Paper Money / US Coins Start Price:5,750.00 USD Estimated At:12,000.00 - 14,000.00 USD
1799 Bust $1
1799 Draped Bust Dollar. PCGS graded AU-58 PQ. CAC Approved. Housed in a new secure plus holder. Pop 2; none finer at PCGS for the variety. Gorgeous lilac toning and lustrous fields make this near mint state example quite desirable. A beautiful high grade example of the variety.

One of the more plentiful 1799 varieties. On the obverse, the U in UNITED is imperfect at upper left, the vertical element being cut off at the upper left side, taking with it the upper left serif; a defective punch was employed (used on three different dies to strike BB-157; BB-158, BB-159, BB-160, and BB-161; and BB-168). Leaf points almost under left side of upright of I in AMERICA. All six upper stars touch clouds, the two on right each having two points touching, and other four have one point touching (the star that is below clouds 2-3 nearly touches 3). Far right edge of A is over junction of clouds 3 and 4. Point of star touches point of lower part of eagle's beak; ray points directly to center of left upright of U in PLURIBUS. A touches third feather.

The reverse is similar to the die used to coin BB-158 (later, BB-159, BB-160, and BB-161), a die which must have been made about the same time, but can be easily distinguished. On BB-157, the two upper stars on the right have two points which touch clouds 7 and 8. On BB-158, etc., the upper right star has only one point which touches cloud 8. Reverse die used to strike 1799 BB-157 only (PCGS # 40049) .
Estimated Value $12,000 - 14,000.

Provenance: Ex: Hesselgesser Collection.