Menu
Welcome Sign-In | Register
Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 

Description

Distinctive 1794 Dollar, Fine15, Ex: Cornelius Vermeule Collection

1794 $1 Fine 15 PCGS. B-1, BB-1. This is an unmistakable 1794 Dollar. It has a prominent pedigree marker that is impossible to miss. It appears that a piece of bent wire, approximately 10 mm. long, that starts in the middle of Liberty's neck and terminates in the field just below the neck, fell between the die and the blank planchet, leaving a distinctive impression on the finished coin. This coin was unknown to the late Jack Collins. Jack spent decades researching 1794 Dollars and tracing their pedigrees. However, this coin has remained, until recently, in the collection of Cornelius Vermeule, noted author of Numismatic Art in America. It was purchased by Vermeule from Norman Stack in the late 1960s, while Mr. Vermeule was researching coin types with Mr. Stack for his landmark book.
The story of the 1794 is well known, but it always bears repeating. Only 1,758 pieces were struck, and it is believed that probably somewhere around 130 coins are extant today. Shortly after the first couple of pieces were struck, the dies slipped out of alignment, causing the date and first few stars on the left to be weakly defined (as well as the corresponding area on the reverse). This is especially noticeable on this piece, the weak definition from misaligned dies being coupled with considerable wear, causing just the tops of the digits in the date to be discernible. The surfaces are light gray overall with deeper gray accents in the recesses of the design and around the obverse periphery. Numerous small abrasions are scattered over each side, but none are worthy of individual mention.
Ex: Cornelius Vermeule Collection (Stack's, 9/01), lot 414, where it realized $17,250. (NGC ID# 24WY, PCGS# 6851)


Fees, Shipping, and Handling Description: Coin/Currency (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
March, 2003
20th-23rd Thursday-Sunday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 507

Buyer's Premium per Lot:
15% of the successful bid (minimum $6) per lot.

Heritage membership

Join Now - It's Free

VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
Consign now
  • Cash Advances
  • More Bidders
  • Trusted Experts
  • Over 200,000 Satisfied Consignors Since 1976
Only 2 days left to consign to the 2016 September 7 - 12 Long Beach Expo US Coins Signature Auction - Long Beach!

Learn about consigning with us

When it came to selling my coin collection I decided they were my first and only choice. They never disappoint. Excellent prices when selling through their auctions and you don’t even have to put any reserves on any coins. Simply the biggest company but more importantly the best. Consign with Heritage when you're ready to sell.
Albert A.,
Brooklyn, NY
View More Testimonials

HA.com receives more traffic than any other auction house website. (Source: Compete.com)

Video tutorial

Getting the most out of search

Recent auctions

2016 July 7 - 10 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2016 July 7 - 10 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $6,575,672
2016 June 22 - 24 World Coins Signature Auction - Hong Kong
2016 June 22 - 24 World Coins Signature Auction - Hong Kong
REALIZED $2,788,640
2016 June 23 - 24 World Currency Signature Auction - Hong Kong
2016 June 23 - 24 World Currency Signature Auction - Hong Kong
REALIZED $784,145

© 2016 Heritage Auctions | All Rights Reserved