LOT Heritage Rare Coin Galleries  /  2007 Jan (FUN) Heritage Signature Coin #422  / 

5020

1800 S$1 XF45 NGC. B-2, BB-182, Low R.6. Die State II.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 2.00 USD
1800 S$1 XF45 NGC. B-2, BB-182, Low R.6. Die State II.
<B>1800 S$1 XF45 NGC.</B></I> B-2, BB-182, Low R.6. Die State II. R in LIBERTY double punched; first T in STATES doubled. Apparently all known pieces are this die state. The reverse die is in a later state than B-1 with a die crack from the border to the first A in AMERICA, although the clash marks of B-1 are no longer present, the die being lightly lapped between marriages. A faint crack is also visible from the center of F to the right wing. Haseltine considered the reverse to be a different die from H-1, although Bolender correctly listed both varieties from the same reverse die.<BR> This is an important die variety, with only a couple dozen known today. Only 19 varieties in the entire early dollar series are currently rated as R.6 through R.8, excluding the proof novodels. Nine of the 19 are 1795 varieties, and two are dated 1800, including this variety and B-20. Of the remaining rarities, two are dated 1796, five are dated 1798, and one is dated 1803.<BR> In addition to the rarity of this die marriage, it also has a low average grade. The finest "Notable Specimen" Bowers listed was graded XF45+, although it would probably be certified as AU in today's grading environment. It was offered as lot 1019 in Stack's January 1989 sale. The piece offered here is tied with two others as second best, being given a conservative grade of VF30 in the Willasch catalog. This example is certainly in the Condition Census for the variety and is probably the second or third finest known. It is marginally finer than the DeCoppet-Reiver coin that was similarly graded VF30 in Bowers' "Notable Specimens" list. It is also finer than the Chalkley coin and appears to be slightly better than the Spies coin.<BR> An attractive medium grayish-gold example with traces of luster beneath the toning. A minor obverse rim bruise is visible at 3 o'clock. The cataloger for the Willasch coins made these comments: "Somber gray toning with hints of original frost peering out from the fields. ... Some minor rim marks, one on the obverse and a few tiny ones on the reverse are the only evidence of circulation aside from wear." The coin realized a mere $880 in that sale. <BR><I>Ex: H. Roland Willasch Collection (Superior, 5/1990), lot 555; Evan Gale (9/2003).</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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