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[L#0511] 1795 SE $1 PCGS EF45

Currency:USD Category:Everything Else / Other Start Price:4,800.00 USD Estimated At:8,000.00 - 10,000.00 USD
[L#0511] 1795 SE $1 PCGS EF45
A classic looking specimen of this short-lived Type coin with the draped bust, small eagle pairing of dies. Pleasing medium antique gray color and no problems whatsoever, instead it possesses that rare thing in an early American silver dollar, excellent "eye appeal." Best prepare yourself for bidding competition!

When America's new mint director, Henry DeSaussure, took the helm in 1795 it was his ambition to upgrade the Flowing Hair design, which he thought too unseemly for a outward-looking young nation. DeSaussure tapped Gilbert Stuart, an illustrious portrait artist of the day, to fashion a more conservative bust of Liberty. According to Walter Breen, Stuart submitted the Draped Bust design featuring a Mrs. William Bingham in the role of Liberty. Two pairs of dies were hastily completed, one having the obverse device a little too far to the left, the other, more nearly centered but with minor defects in Liberty's hair.