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Lot
4562

1796 $1 Small Date, Large Letters AU55 NGC. B-4, BB-61, R.3....

2012 October 18-21 ANA US Coins Signature Auction - Dallas #1175

 
Sold for: Not Sold
Auction Ended On: Oct 18, 2012
Item Activity: 8 Internet/mail/phone bidders
524 page views
Location: Dallas Convention Center
650 S. Griffin Street
Dallas, TX 75202

Description:
1796 B-4, BB-61 Dollar, AU55
Small Date, Large Letters
1796 $1 Small Date, Large Letters AU55 NGC. B-4, BB-61, R.3. Bowers-Borckardt Die State III, equivalent to B-4a. Bolender called the late die state extremely rare and reported that he had only seen one example. Since that time, and with much greater interest in the early dollars, a number of late die states have been seen, probably 20% of all examples from this die pair. A small die chip near the bust is centered over the 1 in the date, and that is a diagnostic feature of the obverse. The Large Letters reverse completes the attribution, while Small Letters reverse coins from this obverse die are extremely rare, if they exist at all. Most examples described as such in past auction catalogs were unplated, making verification impossible.
The present specimen is a pleasing Choice AU with attractive gray patina and lovely rose-gold toning over smooth and still lustrous surfaces. Minor adjustment marks at the center of the obverse cause slight weakness on both sides. This piece will garner the attention of variety specialists as few finer examples are known.(Registry values: P4) (PCGS# 6860)

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