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Lot
2588

1799 $1 Irregular Date, 13 Stars Reverse MS63 PCGS....

2010 January Orlando, FL FUN US Coin Auction #1136

 
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Auction Ended On: Jan 7, 2010
Item Activity: 8 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
Shimmering 1799 B-15, BB-152 Dollar, MS63
1799 $1 Irregular Date, 13 Stars Reverse MS63 PCGS. B-15, BB-152, R.3. Bowers Die State IV. The Irregular Date variety with 13 Stars on the reverse is an important major Guide Book variety, and this die combination, struck from a reverse that was previously used in 1798, is the only one of its kind for 1799. The latest die states with extensive cracks on both sides is the most commonly encountered die state of the variety. The present example is extraordinary for its quality, and ranks among the finest known. Dave Bowers wrote in 1993: "Most examples of 1799 BB-152 are in lower grades. Any coin grading AU or better is especially notable. Only a few Mint State coins are known."
In the Bowers -Borckardt reference, one notable specimen was called MS60, another was called AU55, and three others were called AU50. The Cardinal Collection contained an MS64 PCGS example, and that coin was called "the finest known example by a considerable margin." That coin is the MS60 piece from the Notable Specimens list, and now resides in the Hesselgesser Collection. It seems that the present example is the second finest known, and nearly equal to the other Mint State piece.
This piece has shimmering, satiny luster beneath deep steel toning with traces of lilac and gold. Slight weakness is noted on the high points, but the remaining design elements are boldly defined. It is a thoroughly pleasing and attractive example, and ranks among the major early dollar offerings of the past several years.(Registry values: P1) (PCGS# 6880)

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