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Lot
7251

1801 $1 AU58 PCGS. B-4, BB-214, R.4....

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

 
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Auction Ended On: Aug 12, 2011
Item Activity: 10 Internet/mail/phone bidders
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Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:
1801 B-4, BB-214 Dollar, AU58
Census Level
Possibly Second Finest Known
1801 $1 AU58 PCGS. B-4, BB-214, R.4. Die State II, the usual die state with a tiny vertical crack in the reverse field just left of the leg feathers, below the left shield border. Another die crack extends down from the border after the final S. Sometimes called the Close Date variety, the obverse die was only used for B-4. The reverse, with a spur from the right curve of the D, was used for several varieties dated 1801, 1802, and 1803. This die marriage is slightly scarcer than the other three known varieties of 1801 silver dollars, disregarding the proof novodel.
This lovely dollar exhibits nearly full satin luster with subdued russet and deep gold toning inside an iridescent frame. Both sides are nicely defined with bold details and only a trace of high-point wear. Trivial, widely scattered surface marks are consistent with the grade. This piece is tied for the finest B-4 dollar appearing in our auction archives, with only one finer coin in the Bowers-Borckardt list of notable specimens. That coin, from the Amon Carter Collection, is recorded as MS60, but was later graded AU58 NGC. The Hesselgesser Collection on the PCGS Set Registry has an AU55 coin. The present specimen easily ranks in the B-4 Condition Census, and it is possibly the second finest known behind the amazing MS64 Eliasberg specimen.(Registry values: N2998) (NGC ID# 24XA, PCGS# 6893)

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