LOT #7084 |
Sold on Jul 29, 1994 for: Sign-in
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1794 S$1
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Sold on Jul 29, 1994 for:
$31,900.00
Bid Source: Live: Floor bidder
Description
ANACS 1794 XF 40. As the first year of issue for silver dollars, the 1794 was destined to be a favorite of collectors. But it is also one of the rarest dollars ever struck with only 1,758 pieces produced. All the coins were struck from a single pair of dies. Apparently after the copper trial striking was produced and the first several dollars came off the presses, the dies went out of alignment causing the left obverse stars to appear weakly struck. And so it is with this coin.
Today 90-100 pieces are estimated to still be extant in all grades and almost all these coins have known pedigrees. This coin was last a part of the Dennis Irving Long Collection (B&M, 1/90), lot 336 and previous to that had at one time been in the inventory of Lexington, Kentucky dealer Jonathan Kern. This coin is accounted for in Jack Collins' monograph on 1794 dollars, expected to be published late this year. The most important features on this piece for tracing its pedigree are the following surface imperfections. On the obverse: there is a rim bump between 7 and 8 o'clock. Between the stars and the denticles there are three planchet flakes, one by the lower point of star 4 and the other two by star 6. There are several planchet cracks around stars 7 and 8. There is also a vertical abrasion on the neck of Liberty. There is little to report on the reverse except a distinctive pattern of charcoal toning surrounding the wreath. The surfaces overall have a medium gray patina with lighter, almost silvery-gray, accents on the highpoints of the devices.
An exceptional example of this very rare first year of issue, we expect much interest in this historic coin which is one of the premier highlights among the silver coins in this monumental sale.
Coin Index Numbers: (PCGS# 6851, GSID# 7143)
Metal: 89.24% Silver, 10.76% Copper
Weight: 26.96 grams
ASW: 0.77352oz
Mintage: 1,758
Auction Info
1994 ANA Sale #122 (go to Auction Home page)
Auction Dates
July, 1994
27th-30th
Wednesday-Saturday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 590
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