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    Description

    1798 Draped Bust Dollar, MS64
    Large Eagle Pointed 9, B-27, BB-113
    Only One Finer Coin at PCGS
    Ex: Eliasberg

    1798 $1 Large Eagle, Pointed 9, Close Date, B-27, BB-113, R.2, MS64 PCGS. Bowers Die State II, with a die crack from the second S in STATES through OF and the wing. Mint records indicate a substantial mintage of 327,536 Draped Bust dollars was struck in 1798, split between the Small Eagle and Large Eagle reverse designs. It is possible that some of the dollars produced in 1798 were struck from leftover obverse dies with earlier dates, and some 1798-dated dollars may have been struck in later years, as Mint personnel kept using dies as long as they were serviceable during this era, regardless of the calendar year. A total of 33 die varieties are known for the date, with two varieties employing the Small Eagle reverse and 31 varieties showing the Large Eagle motif.

    This coin represents the popular BB-113 variety, with the 8 in the date placed high and leaning right, while the reverse shows a berry under the left foot of the final A in AMERICA. The BB-113 is not too difficult to locate and examples are sometimes available in high grade. The obverse die was used to strike seven varieties of this date, with this being its first use. This was the fourth and final use of the reverse die.

    The present coin was once a highlight of the famous Eliasberg Collection, a mark of distinction for any coin. This piece ranks high in the Condition Census for the variety, as PCGS has graded only a single example finer and NGC has certified no coins in higher numeric grades (7/20). The design elements are well-detailed, with full star centers and especially sharp definition on Liberty's profile. Just a trace of softness is evident on the eagle's breast and some dentils. The well-preserved obverse has light gold and gray toning that deepens with splashes of blue at the rims. The reverse, on the other hand, has deep gunmetal-blue patina with iridescent undertones. Overall eye appeal is terrific. This coin is pictured on PCGS CoinFacts. Population (for the variety): 2 in 64, 1 finer (7/20).
    Ex: Louis E. Eliasberg, Sr.; Eliasberg Collection, Part II (Bowers and Merena, 4/1997), lot 2184; Fun Signature (Heritage, 1/1998), lot 7011; Phillip Flanagan Collection (Bowers and Merena, 11/2001), lot 4244.
    From The James Dines "Original Goldbug" Collection.

    Coin Index Numbers: (NGC ID# 24X6, Variety PCGS# 40030, Base PCGS# 40018)

    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 James Dines "Original Goldbug" Collection ]

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