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    Description

    1794 B-1, BB-1 Silver Dollar, VF25
    An Old Friend

    1794 $1 B-1, BB-1, R.4, VF25 PCGS. Steve Ivy conducted his first public auction sale, the Gateway Sale, in August 1976. Lot 583 in that sale was a 1794 silver dollar. In fact, it was THIS 1794 silver dollar that has come back for another visit. This example is the usual middle die state that Martin Logies identifies as Die State III in his book, The Flowing Hair Silver Dollars of 1794. There is evidence of die lapping on the obverse with no visible clash marks. Reverse clash marks are not readily apparent on this example, with no indication of die lapping.

    This piece exhibits the usual strike that shows weakness at the lower left obverse and corresponding reverse. The bottoms of the 17 are weak, with the 94 sharper. Stars 1 through 4 are partially visible, while stars 5 through 8 are sharper. LIBERTY and stars 9 through 15 are fully evident. The reverse shows only the bottoms of the letters in STATES, that word being opposite the lower left obverse. The steel-blue and pewter-gray surfaces exhibit a few iridescent splashes, especially on the obverse. Unlike many surviving 1794 silver dollars, this one has trivial adjustment marks, mostly from 7 to 9 o'clock on the obverse. A few other surface marks on each side allow the past provenance of this piece to be traced, and those marks will remain useful in the future.
    Ex: Essex Institute (Stack's, 2/1975), lot 980; Gateway Sale (Steve Ivy Numismatic Auctions, 8/1976), lot 583; Stockton Collection (NASCA/Smythe, 10/1986), lot 1785.
    From The Walter Freeman Collection, Part I. (NGC ID# 24WY, Variety PCGS# 39972, Base PCGS# 6851)

    Weight: 26.96 grams

    Metal: 89.24% Silver, 10.76% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Walter Freeman Collection, Part I ]

    Auction Info

    Auction Dates
    October, 2016
    3rd-5th Monday-Wednesday
    Bids + Registered Phone Bidders: 18
    Lot Tracking Activity: N/A
    Page Views: 4,983

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    I wish to extend our appreciation to you for over $925,000.00 realized from the above subject auction. This amount realized was approximately $110,000.00 more than we anticipated.
    Federal Deposit Insurance Corporation,
    Newport Beach, CA
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