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Lot
903

1795 $1 Flowing Hair, Two Leaves MS62 PCGS. B-1, BB-21, R.1. Ex: Cardinal Collection. This coin stands within or very near...

2005 December Dallas Signature Auction #398

 
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Auction Ended On: Dec 13, 2005
Item Activity: 8 Internet/mail/phone bidders
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Location: Dallas, TX
Description:
The Eliasberg-Flannagan 1795 Flowing Hair Silver Dollar, Two Leaves MS62 PCGS, B-1, BB-21
1795 $1 Flowing Hair, Two Leaves MS62 PCGS. B-1, BB-21, R.1. Ex: Cardinal Collection. This coin stands within or very near to the Condition Census for the variety. Previously owned by Louis Eliasberg, among others, it is an exceptionally pleasing piece that any numismatist will appreciate for its smooth fields and exceptional surfaces. The strike is generally sharp, but slight softness of detail is noted on the hair curls of Liberty, and on the eagle's breast feathers. There are a few adjustment marks (as produced) on the upper reverse, near the rim and through TES. Both sides are originally toned in warm shades of pale lilac and golden-tan, with hints of sky-blue near the borders. A pair of interesting die lumps (as struck) rest on Liberty's neck, directly below and not far from the ear. A faint diagonal scrape is seen behind the eye, and a bit of insignificant chatter is noted, for the sake of accuracy, on Liberty's forehead.
This variety is one of several with the Two Leaves reverse and Head of '95 obverse. The reverse displays 19 berries, with 9 on the left branch of the wreath, and 10 on the right. On the obverse, Liberty's lowest hair curl is nearly closed, and touches Star 1. The 7 in the date has been recut over a previous number 1.
Late in 1795, the designs of the Flowing Hair coins were changed, not because of striking issues, but because people didn't like the rendering of Liberty. The design change was authorized and the Philadelphia Mint engaged the famous portrait artist Gilbert Stuart to redesign the silver dollar. These new designs were a hit, and were quickly adopted on all United States silver coinage (obverse and reverse) and copper coinage (reverse). After a few more years the Small Eagle reverse design was replaced with a new reverse style which was loosely copied from the Great Seal of the United States. Therefore, this Flowing Hair 1795 silver dollar became a very short-lived type coin, and today remains one of the most popular of all Bust dollar designs. For the specialist, the presently offered coin deserves very serious attention.
Ex: The George Earle Collection (Henry Chapman, June/1912), lot 2682; John H. Clapp Estate to Louis Eliasberg, Sr. in 1942; The Eliasberg Collection (Bowers and Merena, April/1997), lot 2170; The Flannagan Collection (Bowers and Merena, November/2001), lot 4208.(Registry values: P4) (NGC ID# 24WZ, PCGS# 6853)

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