1795 $1 Flowing Hair, 3 Leaves MS61 NGC....

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Sold on Apr 17, 2008 for:

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Desirable 1795 B-5, BB-27 Silver Dollar, MS61

1795 $1 Flowing Hair, 3 Leaves MS61 NGC. B-5, BB-27, R.1. Die State II. The die combination is immediately recognized by a diagonal die line in the left obverse field near the upper hair curl. All die states have this short, diagnostic die scratch. Since the obverse was only used for this single variety, the die scratch is the only necessary identification trait. The early die states of B-5 are usually weak at the centers, much like this example. Later die states are more sharply struck.
The number of coins that this die pair actually struck is estimated to be as high as 100,000 coins, nearly half the calendar year mintage, but probably only about one-quarter the actual mintage of 1795 silver dollars. It is probably the case that about 8,000 1795 Flowing Hair dollars still exist today, including approximately 2,000 1795 B-5 dollars, and another 1,500 B-1 dollars.
Undoubtedly the most plentiful die variety of the year, yet only about a dozen B-5 silver dollars survive in Mint State grades, including this piece. Dave Bowers once estimated as many as 50 to 100 Mint State examples survive today, however, we feel that his estimate is much too liberal.
An outstanding example with full underlying mint luster, the surfaces have gorgeous gold, heather, and pale blue toning, especially on the obverse. The strike is well centered with bold obverse and reverse borders. Both sides have the usual scattered surface marks that undoubtedly limited the grade of this piece, yet there are no unusual individual marks.
From The Queller Family Collection of Silver Dollars.

Coin Index Numbers: (NGC ID# 24WZ, Variety PCGS# 39977, Base PCGS# 6852, Greysheet# 199074)

Weight: 26.96 grams

Metal: 89.24% Silver, 10.76% Copper

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