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    Pleasing And Problem-Free 1794 Dollar

    1794 Fine 15. Only 1,758 pieces were minted in this initial year of dollar production, making this an instant classic and one of the most eagerly sought after coins in all of U.S. numismatics. It is believed that today 120-130 pieces exist in all grades.
    The peripheral stars are weak on the left side of the obverse and there is notable softness also on the peripheral legend on the reverse. This is noteworthy as almost all dollars of this date show weakness at the margins, especially the stars on the left side. The interpretation given to this is that after the first few coins were struck the dies slipped out of alignment and stayed that way for the remainder of the production run. This is really one of most aesthetically pleasing examples of this major American rarity we have seen recently. There are no major impairments that would necessitate "net" grading the coin any lower. The following surface impairments are noted, really for pedigree purposes more than to alert a potential buyer to any problems: a shallow scratch arcs from just right of the I in LIBERTY down through the back of the hair; a small planchet void is placed in the center of the vertical and horizontal elements of the 4 in the date; and a rim nick is noted on the reverse at 4 o'clock. Gray patina overall with the fields a couple of shades lighter.

    Coin Index Numbers: (PCGS# 6851)

    Weight: 26.96 grams

    Metal: 89.24% Silver, 10.76% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    January, 1999
    6th-8th Wednesday-Friday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 264
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