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    Description

    1802 B-6, BB-241 Narrow Date Dollar, MS61+
    Attractive Mint State Specimen

    1802 $1 Narrow Date MS61+ NGC. CAC. B-6, BB-241, R.1. Ex: "Col." E.H.R. Green. The obverse periphery is attractively toned in shades of deep original gold and blue, providing a nice cameo look to Liberty. The reverse is especially bright and lustrous, offering light to medium gold toning at the rims.

    Obverse Die. The obverse has a wide space between the 8 and 0 in the date, and the 2 is farther from the bust than on the B-5, BB-242. The right foot of the T in LIBERTY is missing -- the quickest way to identify this obverse die. The obverse of the B-5, BB-242 has a perfect base of the T in LIBERTY.

    Reverse Die. The reverse die was first used for the 1801 B-2, BB-212. That same reverse die, showing a faint 13th arrow, was a "workhorse die" that struck numerous silver dollar varieties dated 1801, 1802/1, 1802, and 1803. The 1802 B-6, BB-241 die marriage was the third use of this die, which would be used to strike two more (known) die marriages, both dated 1803, before it was retired.

    Die State. This early die state is a perfect obverse and reverse with protruding spur on cloud 3 and small die flaws around ED in UNITED.

    Condition Census. The 2013 Silver Dollar Encyclopedia lists seven MS65 examples and 11 MS63 examples as Notable Specimens. Perhaps 60 to 70 Mint State examples of this variety survive, suggesting that there may have been a small hoard of these coins.

    Appearances. This specimen is illustrated as part of NGC's presentation of the Newman Collection at www.NGCCoin.com.

    Commentary. Only 41,650 silver dollars were struck during the calendar year of 1802. That number may include some dollars struck from dies dated 1801 or earlier. Many 1802-dated dollars were probably struck in 1803, and the actual mintage was likely higher than the recorded mintage for the year.

    Provenance. Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $40.00; Eric P. Newman Numismatic Education Society.(Registry values: N4719) (NGC ID# 24XB, Variety PCGS# 6895, Base PCGS# 40087)


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    Auction Info

    Auction Dates
    November, 2013
    15th-16th Friday-Saturday
    Bids + Registered Phone Bidders: 14
    Lot Tracking Activity: N/A
    Page Views: 1,138

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.

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