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Lot
7252

1802 $1 Narrow Date MS63 PCGS. CAC. B-6, BB-241, R.1....

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

 
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Auction Ended On: Aug 12, 2011
Item Activity: 11 Internet/mail/phone bidders
1,087 page views
Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:

Deeply Toned 1802 Narrow Date Silver Dollar
B-6, BB-241, Exceptional MS63
1802 $1 Narrow Date MS63 PCGS. CAC. B-6, BB-241, R.1. Die State III, the latest die state known for BB-241. Sometimes also called "Close Perfect Date," as in Bowers-Borckardt. The reverse die was used with six different obverse dies, coined in the following order: 1802/1 BB-231; 1802/1 BB-232; 1801 BB-212; 1802 BB-241; 1803 BB-254; and 1803 BB-255.
The 1802 BB-241 dollar is the most plentiful of all Heraldic Eagle dollars, with numerous Mint State pieces known. It is immediately identified by the missing right foot of T in LIBERTY, the only 1802 nonoverdate variety with that characteristic. Almost three dozen Mint State examples are listed in the Notable Specimens section of the Bowers-Borckardt reference, although those listings almost certainly contain duplication, much as population data contains resubmissions. The current PCGS population data indicates that 29 submissions have been certified in all Mint State grades for the 1802 silver dollar. The availability of this variety in Mint State means that type collectors have "a fighting chance" to acquire a nice example.
This boldly defined piece is an exceptional, aesthetically desirable early dollar with sharply detailed design elements on both sides. The surfaces are deeply toned in lilac and steel-blue, framed by lighter gold and iridescent toning at the borders. Underlying satiny luster is fully evident on both sides with few distracting marks, mostly only visible with a glass. For all 1802 dollars, Population: 9 in 63, 7 finer (7/11).
Ex: ANA Signature (Heritage, 7/2008), lot 1745, which brought $59,800.
From The Oliver Collection.(Registry values: N7079) (NGC ID# 24XB, PCGS# 6895)

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