Announcement: Sunday & Tuesday Internet Coin Auctions and Weekly World and Ancient Coin Auctions move to Heritage Live!

Our Weekly Internet Coin Auctions and World and Ancient Coin Auctions are closing with live, online auctions on HA.com's Heritage Live! platform beginning with the Internet Coin Auction that ends Sunday, September 21st and the World and Ancient Coin Auction that ends on Thursday, September 25th. Each lot is offered one at a time, in lot number order, in live auctions beginning at 8:00 PM CT. During this part of the auction, live bidders will be on Heritage Live! competing with each other and with previously placed Internet bids. The lot opens, requests live bids, and then closes when the bidding is finished. There is no change in how you place your secret maximum bids during the week the auctions are open on HA.com. In addition, once bidding on HA.com ends, 2 hours before the live sessions start, you still have the option to leave proxy bids through Heritage Live!

For more information about Heritage Live!, please visit HA.com/live. If you have any questions about this exciting format change, please contact us at 800-872-6467 or Bid@HA.com.

X
There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid
:
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
5172

1795 $1 Flowing Hair, Three Leaves MS63 PCGS Secure. B-5, BB-27, R.1....

2012 August 2-5 US Coins Signature Auction- Philadelphia #1173

 
Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Aug 3, 2012
Item Activity: 11 Internet/mail/phone bidders
1,099 page views
Location: Sheraton Philadelphia Downtown Hotel
201 North 17th Street
Philadelphia, PA 19103

Description:

1795 Flowing Hair Dollar, MS63
Ideal Early Type Coin, B-5, BB-27
Only Seven Finer Coins at PCGS
1795 $1 Flowing Hair, Three Leaves MS63 PCGS Secure. B-5, BB-27, R.1. Bowers-Borckardt Die State III. The Flowing Hair design was retired in favor of the Draped Bust motif in the waning months of 1795, creating a short, two-year design type. Since 1794 dollars are both rare and extremely expensive, most type collectors opt for a nice example of the more available 1795 date, and few specimens can compare to the present coin in terms of technical grade and eye appeal.
The technical problems that limited the mintage of silver dollars in 1794 were finally solved by May 6, 1795, when a larger screw press was installed and a delivery of 3,810 silver dollars was accomplished. This one-day total represents more than twice the number of silver dollars that were minted during the entire year of 1794. By the time the design switched over, it is estimated that 160,295 Flowing Hair dollars had been struck, with 17 die varieties known for the date. The coin offered here is an example of the BB-27 variety, easily identified by the prominent die defect, or "bar" in the left obverse field , near the top curl. The BB-27 was one of the last varieties produced, and some researchers speculate that the coins may have been struck as late as 1798.
Flowing Hair dollars were avidly collected in the early days of the hobby, and the study of die varieties was far advanced by the end of the 19th century. When John W. Haseltine published the first serious attribution guide in the sale of his Type Table Collection (Haseltine, 11/1881), he described a coin in similar condition to the present piece in lot 82:

"1795; No. 5; wide date; the lower curl is more perfect than in any of the preceding and is not near the stars, but above them; the hair terminates in 6 points; the third and fourth points are close together; rev., heavy wreath; 6 berries on right and 7 on left; there are 3 leaves under each wing of the eagle (there being only 2 in any of the preceding); the eagle's right wing passes behind a cluster of 5 leaves; strictly uncirculated; sharp and boldly struck; mint lustre; very rare in this condition."


Interestingly, Haseltine failed to note the distinctive "bar" in the field, the feature most numismatists use to attribute this variety today. The BB-27 was the only use for this obverse die, while the reverse was also used to strike BB-25 and BB-26.
The BB-27 variety is the most frequently seen of the many varieties from this highly collectible year. However, they are certainly not easy to locate in Mint State condition. This is an exceptional coin that displays full, satiny mint luster beneath obviously original gray patina that shows occasional deep blue accents, concentrated around the periphery on the obverse and more evenly distributed across the reverse. Sharply struck throughout with good definition on Liberty's hair curls and on the eagle's breast as well. The only mentionable surface flaws are a series of light adjustment marks on the obverse rim, and a few that extend into the curls. Recent auction appearances include the MS63 NGC specimen in lot 155 of Superior's January 2009 sale, which realized $115,000. Population: 4 in 63, 7 finer (6/12).
Ex: Atlanta Signature (Heritage, 8/2001), lot 6371, realized $51,750, a strong price at the time.(Registry values: N10218) (NGC ID# 24WZ, PCGS# 6852)

View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

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

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




Videos:
FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
885,092
bidder-members
$1,002,208,631
sold in the last year
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 
CONSIGNMENTS WANTED
Only 45 days left to consign to the 2015 January 4 - 5 NYINC World Coins & Ancient Coins Signature Auction - Waldorf NYINC!
Learn About Consigning With Us
Heritage did everything splendidly to ensure that the coins would bring the best prices possible in the public market.
[ Entire Letter » ]
Museum of Connecticut History of Hartford, CT,
Hartford, CT
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach
2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach
REALIZED $13,440,846
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
REALIZED SO FAR $9,115,896
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,847,114