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Lot
2029

1798 $1 Large Eagle, Pointed 9 MS63 NGC....

2008 April Rosemont, IL (CSNS) Signature Coin Auction #1104

 
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Auction Ended On: Apr 17, 2008
Item Activity: 8 Internet/mail/phone bidders
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Location: Rosemont, IL
Description:
Extraordinary Terminal Die State 1798 Dollar
B-16, BB-110, MS63
1798 $1 Large Eagle, Pointed 9 MS63 NGC. B-16, BB-110, R.6. Die State IV. Terminal Die State. The die state is later than the last state described in the Bowers Silver Dollar Encyclopedia. It is interesting that this example, with the full rim break at the date, was actually described in the list of Notable Specimens, but the die state was not recorded in the Die States section of that reference. It is probably the only known example with a full rim break behind the lowest hair curl, and it is just a matter of chance that it survived in such amazing condition. Few if any could have been struck after this piece. As both the finest known example of B-16, and the terminal die state, this amazing dollar ranks among the most highly desired coins in the Queller Family Collection. In his update of the Bolender reference, Jules Reiver mentioned the presence of a tiny cud below star 1, but described nothing of the magnitude seen here. Because of the heavy rim break, the obverse was taken out of service, but the reverse remained in use for three additional varieties.
Although a few border dentils are weak, the balance of design definition on both sides is bold. Full mint luster is visible beneath deep heather, gold, and blue. The surfaces are impressive, with only a tiny reverse rim tick near the D to serve as a pedigree marker. This is an amazing piece that will undoubtedly be a prized possession of its next owner.
Ex: H. Roland Willasch (Superior, 5/1990), lot 492; Stack's (10/1993), lot 733.
From The Queller Family Collection of Silver Dollars. (Variety PCGS# 40027, Base PCGS# 6877)

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