1798 $1 Large Eagle, Pointed 9, 5 Vertical Lines, 10 Arrows, B-17, BB-101, R.5, AU53 PCGS....

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1798 B-17, BB-101 Dollar, AU53
High Condition Census

1798 $1 Large Eagle, Pointed 9, 5 Vertical Lines, 10 Arrows, B-17, BB-101, R.5, AU53 PCGS. Bowers Die State III with a die crack through the left-side stars and along the irregularly-formed dentils. This important piece with a provenance to the Cardinal and Hesselgesser collections is one of the two or three finest known examples of the variety. The Hesselgesser catalog carried a bold headline proclaiming that this piece is "The Finest Known 1798 BB-101 Dollar" although the same firm handled a higher grade coin 10 years earlier. The six best Notable Specimens in the 2013 Bowers encyclopedia grade AU55, AU53 (4), and AU50. It is our opinion that this example is tied for the second finest known behind the AU55 Jim Matthews Specimen although the variety is difficult to grade and one notable example increased nearly 20 points from one grading event to another at the same grading company.

The 1798 BB-101 dollar is a rare variety with a population in the range of 50 to 70 coins, mostly in grades below XF. The Bowers estimate is higher at 70 to 120 coins, including less than 10 in AU grades. Exceptional surfaces boast medium gray with some lighter gray areas and accompanying pale gold, violet, and steel toning.
Ex: Central States Signature (Heritage, 5/2000), lot 5005; Cardinal Collection (Martin Logies); later, Dr. Robert Hesselgesser Collection (Goldberg Auctions, 9/2011), lot 5039; Pre-Long Beach (Goldberg Auctions, 5/2012), lot 1280.
From Professor Robert M. Stark's Yolanda Collection.

Coin Index Numbers: (NGC ID# 24X6, Variety PCGS# 40017, Base PCGS# 40016, Greysheet# 199091)

Weight: 26.96 grams

Metal: 89.24% Silver, 10.76% Copper

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