1798 $1 Large Eagle, Pointed 9 AU58 PCGS....

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Elusive 1798 Large Eagle, Pointed 9 Dollar
Close Date, B-25b, BB-123, R.4, AU58

1798 $1 Large Eagle, Pointed 9 AU58 PCGS. B-25b, BB-123, R.4. Die State IV (B-25b). This coin is one of the three major early silver dollar design types and can be considered an important transitional silver dollar due to its production in 1798, the year that U.S. Draped Bust obverse silver dollars were seeing the change from the former Small Eagle reverse to the Large Eagle or Heraldic Eagle reverse. This difficult variety Bolender called the Close Date, although Bowers calls it the Blundered Stars Reverse variety, for the two stars overlapping clouds on the reverse. It is also sometimes called the Whisker variety due to the tiny pointed marks running downward from the lower edge of the chin. The Guide Book lists this variety under the Heraldic Eagle heading as 1798 Pointed 9, Close Date.
Barring an MS61 B-25b (the Robertson specimen) that we offered in 1994, this piece is the single finest that we have offered since. This is a difficult variety to find, much more challenging than the R.4 rating would indicate. This is also an example of the elusive B-25b/BB Die State IV, with heavy die cracks on both sides, and quite desirable as such.
Only a trace of rub on this piece appears to prevent a Mint State grade, but much luster prevails, and the coin is essentially abrasion-free. The strike is soft on the central hair curls and the upper reverse, especially the stars and eagle's head. Variegated golden-rose color deepens slightly around the margins. Near-Mint State examples such as this coin are rarer still. This piece poses a significant opportunity for series specialists, Guide Book variety collectors, or type enthusiasts.
From The Good Harbour Bay Collection.(Registry values: N2998)

Coin Index Numbers: (NGC ID# 24X6, PCGS# 6873, GSID# 7158)

Metal: 89.24% Silver, 10.76% Copper
Weight: 26.96 grams
ASW: 0.77352oz
Mintage: 327,536

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