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Lot
802

1795 $1 Draped Bust, Off Center MS62 NGC....

2008 December Houston, TX Signature Coin Auction #1118

 
Sold for: Not Sold
Auction Ended On: Dec 4, 2008
Item Activity: 7 Internet/mail/phone bidders
2,793 page views
Description:
Reflective 1795 B-14, BB-51 Dollar, MS62
1795 $1 Draped Bust, Off Center MS62 NGC. B-14, BB-51, R.2. Late in the year, the Philadelphia Mint introduced the Draped Bust obverse design on the silver dollars. The same design appeared on the smaller silver denominations, the half dime, dime, quarter, and half dollar, in 1796. A numismatic tradition states that Gilbert Stuart, the famous portrait painter, prepared the initial artistry for the new design, using Ann Willing Bingham as his model. Dave Bowers notes that John Eckstein of Providence, Rhode Island was paid $30 for the production of two models for silver dollars on September 9, 1795. Bowers further suggests that the two models may have been prepared for Robert Scot from the drawings by Stuart. If that is so, then Eckstein deserves considerable credit in the creation of the Draped Bust design used on our late 18th and early 19th century coinage.
A sensational example of Gilbert Stuart's artistry, this lovely Uncentered Bust example is one of two die varieties known for the 1795 Draped Bust silver dollars. The other variety has a centered bust obverse that has no peripheral design elements touching any part of the central motif. Both sides have excellent central and peripheral design details. The surfaces are brilliant silvery-gray with few blemishes other than some light obverse adjustment marks that are of little consequence. The fields are reflective and a few faint hairlines limit the grade.(Registry values: P3) (#96858)

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Guides and Pricing Information:

Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 1156, Lot 3824 Sunday, June 5, 2011 62 NGC $48,875.00
Auction 352, Lot 6315 Saturday, August 21, 2004 62 PCGS $66,125.00
Auction 181, Lot 7005 Saturday, January 10, 1998 62 PCGS $18,112.50
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.
Price Guide*
Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
61 --- --- --- --- --- $65,000 ---
62 $100,000 --- --- --- --- $81,000 $94,500
63 $200,000 --- --- --- --- $160,000 $175,000
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.
Population Guide
Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 0 Robert Scot
NGC 62 0 0 0 -
CAC 62 0 1 14 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.
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